Introduction Flashcards
Chapter 1
PRINCE2 is a project management method composed of five integrated elements. They are …
[prince standing with fire and water in hands]
Project Context (ch1) [map]
Principles (ch2) [prince will]
PEOPLE (ch3) [people]
Practices (ch4) [tools]
Processes [processor]
A project is …
[Leon - the pro]
Temp organisation [pop up stall]
Delivering one or more business products [custom trainers in shop]
According to agreed business case [brief case].
5 characteristics of a project
[marvel poster]
Change [chameleon]
Temporary [sand timer]
Cross-Functional [web]
Unique [snowflake]
Uncertain [fog]
Project Management is …
application of…
methods
tools
techniques
competencies
…to meet project objectives.
Imagine a master chef in a bustling kitchen, symbolizing project management. The chef skillfully uses a variety of recipes (methods), kitchen gadgets (tools), cooking techniques (techniques), and culinary skills (competencies) to create a delicious meal that meets the expectations of diners (project objectives).
Seven aspects of project performance
Benefits
Cost
Time
Quality
Scope
Sustainability
Risk
Organisational project context includes …
Business
Portfolio
Programme
Project
Commercial project context includes ….
Suppliers
Commercial relationships and contracts
Sustainability project context includes ….
All 17 items in UN sustainable development goals
Scale is considered in addition to context
Small
Large
etc
3 Project Delivery Methods
Linear-sequential
Iterative-incremental
Hybrid