PRINCE2 Foundation Flashcards
What are the four integrated elements of Prince2
Principles, Themes, Processes and Environments
What are the characteristics of Project work
Change, Temporary, Cross-functional, Unique, Uncertain
What are the six aspects of project performance
Cost, Timescales, Quality, Scope, Benefits and Risks
What is a portfolio
The totality of an organisations investment in changes required to achieve a strategic objective
Is PRINCE2 Generic ?
YES
What does PRINCE2 mean ?
Projects in Controlled Environments
Who specifies the desired result ?
The customer
Prince2 principles must be:
Universal, Self validating and Empowering
Universal means regarding the PRINCE 2 principles
The principles apply to every project
What does self validating means in relation to PRINCE2 principles
The principles should give the practitioner of the method added confidence with an ability to influence or shape how the project will be managed
What does the continued business justification principle cover ?
Is there enough justification for starting the project; Can we demonstrate justification still exists; The project should be stopped if justification no longer exists.
Don’t do anything unless it’s worth doing/Is worth continuing
What does the learn from experience principle cover ?
Starting a project: Seek lessons from previous projects
During a project: Record, review and act on lessons
Closing a project: Lessons are learned and passed back
What does the defined roles and responsibilities principle cover?
Clearly defined roles, who reports to who
What does the management by stages principle cover ?
Breaking the projects into stages/Control points - Allowing the assessment of performance and making changes when needed
What are the two minimum stages PRINCE2 recommends
Initiation stage (First stage of planning), Management stage/s
Purpose, Composition and Quality Criteria may be included in
Product description
What aspects may projects differ in
Scale, Complexity, Importance, Team capability and risk
What process occurs during the pre-project phase?
The SU Process
What is the ISP
Plan for planning the project
What is a stage plan
A look forward at the next stage, establishing what we plan to do
List four outputs of the Initiation phase of a PRINCE2 project
PID, BMA, Stage plan, ESR
What process would delegating work to a team manager trigger
Triggers process called Managing Product Delivery
What processes are in the managing stage phase of a PRINCE2 project
Controlling a stage process and Managing product delivery
What process lasts for the duration of the project
Directing a project process
Who provides the project mandate for the project
Corporate, Programme management or the customer
What process is triggered by the project mandate
SU Process
During which process is the project brief created
SU Process
In which process is the end project report created ?
Closing a stage process
Which process is executed during a management stage to deal with the day to day management of the stage
Controlling a stage process
In what process is the end stage report created ?
Managing a stage boundary
What activity triggers the request to initiate a project
Plan the initiation stage
When is outline business case made ?
SU process
When is the project brief created ?
SU Process
What is the project brief
A statement or collection of documents describing the project requirements and project constraints
Is the daily log a time driven control or event driven control ?
Event driven
Is the checkpoint report a time driven or event driven control?
Time driven
In PRINCE2, the project is managed by exception against how many types of tolerance
6
“An exception report is produced when a stage plan or project plan is forecast to __________.”
Exceed tolerance levels set
What three stages is progress monitored at ?
Project level, Stage level and work package level
List the project tolerances
Time, Quality, Scope, Cost, Benefit and Risk
What is a highlight report
A report that is used to provide the project board with a summary of the stage status and intervals defined by them - Time driven
Who provides project tolerances ?
Corporate, Programme management and/or Customer