Chapter 1: Intro Flashcards
What are the 5 integrated elements of PRINCE2?
PRINCIPLES
PEOPLE
PROCESSES
PRACTICES
PROJECT CONTEXT
How many PRINCE 2 Principles are there? Does someone need to follow all of them to run a project based on PRINCE 2?
There are SEVEN (7) principles, and unless all of
them are applied, it is not a PRINCE2 project.
How many PRINCE2 Practices are there? Why are they needed?
The SEVEN (7) practices explain the specific treatment required of that aspect of project management for the PRINCE2 processes to be effective and why they are necessary.
How many PRINCE2 processes are there?
SEVEN (7)
Are the five integrated elements of the PRINCE2 method are designed to work together?
YES
What are the two competing needs that organizations have a challenge to balance?
Maintaining Business as Usual and Business of change
What is the definition of a project based on PRINCE2?
A temporary organization that is created for the purpose of delivering one or more business products according to an agreed business case.
How many characteristics does a project have (that distinguish it from BAU) based on PRINCE 2?
FIVE (5)
What are the FIVE (5) characteristics that distinguish a project from BAU?
CHANGE
TEMPORARY
CROSS-FUNCTIONAL
UNIQUE
UNCERTAINTY
As projects are temporary, they should therefore have a defined start and a defined end. True or False?
True
Projects are less risky than any operational aspects of an organization. True or false?
FALSE.
Projects are riskier than any operational aspects of an organization.
What is project management?
Project management is the application of methods, tools, techniques, and competencies to enable the project to meet its objectives.
How many performance aspects are there to be managed?
SEVEN (7)
What are the SEVEN (7) Performance aspects?
BENEFITS
COSTS
TIME
QUALITY
SCOPE
SUSTAINABILITY
RISK
What are the common project contexts in PRINCE2?
Organizational
Commercial
Delivery Method
Sustainability
Project scale
