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PRINCE2 > Foundamentals > Flashcards

Foundamentals Flashcards

1
Q

Who is the author of PRINCE 2 ?

A

The UK Cabinet Office

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2
Q

How many levels or Certification path exists and what are they ?

A

2

  • Foundation Level
  • Practitionery Level
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3
Q

What are the roles composing the Project Board ?

A

Executive
Senior User
Senior Supplier

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4
Q

What is a project ?

A

A project is a temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case

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5
Q

What are the key Factors / Variables in PRINCE2 ?

A

” - Costs

  • Timescales
  • Quality
  • Scope
  • Risks
  • Benefits”
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6
Q

Definition of Project Management

A

The planning, delegating, monitoring and control of all aspects of the project, and the motivation of those involved, to achieve the project objectives within the expected performance targets of time, cost, quality, scope, benefits and risks.

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7
Q

What are the Project characteristics VS BAU ?

A
  • Addresses a Change
  • Temporary in nature (with a defined start and end)
  • Cross Functional Skills required due to the Complexity
  • Unique
  • with a Degree of Uncertainty
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8
Q

How projects deliverables are named in PRINCE2 ?

A

Products

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9
Q

What is the meaning and scope of ATO

A

Accredited Training Organizations

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10
Q

What is the meaning and scope of ACO

A

Accredited Consultancy Organization

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11
Q

What is the meaning and scope of TSO

A

The Stationary Office - Print the PRINCE2 standard

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12
Q

How many and what best practices guidelines provides PRINCE2?

A

PRINCE2 provide best practices guidelines defining

  • 7 self validating principles
  • 7 Themes
  • 7 processes
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13
Q

What are the general 6 PRINCE2 recommendation ?

A 
PRINCE2 recommends
- Definition of valid Business Justification
- Setup of appropriate organization setup / roles
Have proper Strategy:
- Quality Management Strategy
- Risk Management Strategy
- Configuration Management Strategy
- Communication Management Strategy
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14
Q

What are the 7 PRINCE2 Principles ?

A
  • Continued Business Justification
  • Learn from Experience
  • defined roles and responsibilities
  • Managed by stages
  • Managed by exception
  • Focus on products
  • Tailor to suit the project environment
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15
Q

Expand the principle (1): Continued Business Justification

A

Perform proper thought and evaluation, create Business Cases to document evidence of the value that will be pursued and reason of the project

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16
Q

Expand the principle (2) Learn from Experience

A

Collective memories and lessons learned should be always collected to avoid to reinvent the wheel

17
Q

Expand the principle (3) Defined Roles and Responsibilities

A

Knowing what is expected and knowing what you can expect from others is a key enabler

18
Q

Expand the principle (4) Managed by Stages

A

Cut project in phases ( stages) to monitor progress and risks - re evaluate value periodically - revisit progress periodically

19
Q

Expand the principle (5) Managed by Exception

A

Delegation . Each level of management must have clear responsibility and authority on part of the projects

20
Q

Expand the principle (6) Focus on Product

A

Focus on products vs activities as starting point . “What do I have to Make” vs “what do I have to do “

21
Q

Expand the principle (7) Tailor to suit the project Environment

A

Tune the rules based on the scope and environment the project need to comply to to allow to be pragmatic vs bureaucratic

22
Q

What is the principle behind “Perform proper thought and evaluation, create Business Cases to document evidence of the value that will be pursued and reason of the project”

A

Continued Business Justification (1)

23
Q

What is the principle behind “Collective memories and lessons learned should be always collected to avoid to reinvent the wheel”

A

Learn from Experience (2)

24
Q

What is the principle behind “Knowing what is expected and knowing what you can expect from others”

A

Defined Roles and Responsibilities (3)

25
Q

What is the principle behind “Cut project in phases ( stages) to monitor progress and risks - re evaluate value periodically - revisit progress periodically “

A

Managed by Stages (4)

26
Q

What is the principle behind “Delegation . Each level of management must have clear responsibility and authority on part of the projects”

A

Managed by exception (5)

27
Q

What is the principle behind “Focus om products vs activities as starting point . “What do I have to Make” vs “what do I have to do “

A

Focus on Product (6)

28
Q

What is the principle behind “Tune the rules based on the scope and environment the project need to comply to to allow to be pragmatic vs bureaucratic”

A

Tailor to suit the project Environment (7)

PRINCE2 (2 decks)

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