Prince Flashcards

1
Q

Prince

A

•PRojects IN Controlled Environments
•focus on the management of RESOURCES AND RISKS

•Divides stages with clear Roles and Responsibilities

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2
Q
  1. Continued business justification
A

•clear plan for the project

justified

viable

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3
Q

2: learn from experience

A

Lessons learned from previous projects to avoid repeating mistakes

The log is referred to throughout the project

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4
Q

3:Roles and responsibilities are clearly defined

A

•roles appointed
•authority

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5
Q

4.Management by stages

A

•planning ahead
•business plan and risk log will be updated so that it is clear

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6
Q

5:Manage by exception

A

•Not everything goes to plan=tolerance

•made without seeking approval from managers

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7
Q

6:Focused on products

A

Quality is important!

•focus on the deliverables of the project
•high standard

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8
Q

7:Tailor the project

A

•size,
•complexity,
•importance,
•time,
•risk

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9
Q

Advantages cc

A

•Flexible

• good communication with stakeholders

• continuous improvement

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10
Q

Disadvantages📑

A

•documents constantly updated

•time consuming

Management not involved as they would like to be

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