Prince Flashcards
Prince
•PRojects IN Controlled Environments
•focus on the management of RESOURCES AND RISKS
•Divides stages with clear Roles and Responsibilities
- Continued business justification
•clear plan for the project
justified
viable
2: learn from experience
Lessons learned from previous projects to avoid repeating mistakes
The log is referred to throughout the project
3:Roles and responsibilities are clearly defined
•roles appointed
•authority
4.Management by stages
•planning ahead
•business plan and risk log will be updated so that it is clear
5:Manage by exception
•Not everything goes to plan=tolerance
•made without seeking approval from managers
6:Focused on products
Quality is important!
•focus on the deliverables of the project
•high standard
7:Tailor the project
•size,
•complexity,
•importance,
•time,
•risk
Advantages cc
•Flexible
• good communication with stakeholders
• continuous improvement
Disadvantages📑
•documents constantly updated
•time consuming
Management not involved as they would like to be