Directing a project Flashcards
What is the main purpose of the project direction process in PRINCE2?
To enable the project board to be responsible for the project’s success by making key decisions and exercising overall control, while delegating day-to-day management to the project manager.
What are the fundamental objectives of the project direction process?
The objectives include: authorizing project initiation and delivery, providing direction and control, ensuring project feasibility, and interfacing with corporate, program management, or the client.
When and how is the project direction process activated?
The process starts after the completion of the project initiation process and is activated by the request to initiate the project. It focuses on the activities of the project board, not the daily tasks of the project manager.
How does the project board manage in the project direction process?
It manages by exception, monitoring through reports and key decisions, and maintains two-way communication with corporate/program/client.
What are the key activities of the project board in the PRINCE2 project direction process?
The activities include authorizing project initiation, authorizing the project itself, authorizing a stage or exception plan, providing ad-hoc direction, and authorizing project closure.
What is the process for project initiation authorization by the project board in PRINCE2?
The project board assesses and approves the project brief, confirms the project definition, approach, and management team appointments. It must also review the outline business case and approve the initiation stage plan.
How does the project board approve the initiation stage plan?
The project board needs to understand the risks that impact the decision to authorize the initiation stage, secure or commit necessary resources, and ensure there are adequate reporting and control mechanisms in place.
What is the role of the project board in communication and logistics during project initiation?
The project board informs all stakeholders and hosting sites that the project is in the initiation phase and requests the necessary logistical support for the initiation stage.
What triggers the project authorization activity by the project board in PRINCE2?
The activity is triggered by a request from the project manager for permission to deliver the project. This can run in parallel with the authorization of a stage or an exception plan.
What requirements must be met for project authorization by the project board?
The project board must confirm the validity of the business case, the adequacy of the project plan and the approach to benefits management, the adequacy of project approaches and controls, and the establishment of benefit measurement and review mechanisms.
What actions are recommended for the review and approval of the Project Initiation Documentation (PID)?
The project board must confirm that the project definition is accurate and complete, that lessons from previous projects have been incorporated, and that quality and risk management approaches are sufficient. They must also approve the change control approach and communication management.
What does the project board do once the project is authorized?
The project board notifies corporate, program management, or the client that the project has been authorized. Additionally, they authorize the project manager to deliver the project or, if necessary, close the project prematurely.
When does the project board authorize a new project stage?
The project board authorizes the start of a new project stage after reviewing and approving the current end-stage report and the plan for the next stage.
What happens if an exception occurs during a project stage?
If an exception occurs, the project board may request an exception plan from the project manager. If approved, this plan will replace the current exception plan and become the new baseline plan.
What are the key elements that the project board must review in the end-stage report?
The project board must assess the project’s performance up to that point, examine deviations from approved plans, assess risk exposure, and confirm acceptance of the products delivered during the stage.