PRINCE2 Overview Flashcards

1
Q

What are the five characteristics of a PRINCE2 project?

A
  • A finite and defined life cycle
  • Defined and measurable business products
  • A corresponding set of activities to achieve the business products
  • A defined amount of resources
  • An organisation structure, with defined responsibilities, to manage the project.
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2
Q

What does PRINCE2 stand for?

A

Projects in Controlled Environments

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3
Q

When was PRINCE2 developed?

A

1989

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4
Q

What are the ten characteristics PRINCE2 should bring to a project?

A
  • A common, consistent approach
  • A controlled and organised start, middle and end
  • Regular reviews of progress against plan
  • Assurance that the project continues to have a business justification
  • Flexible decision points
  • Management control of any deviations from the plan
  • The involvement of management and stakeholders at the right time and place during the project
  • Good communication channels between the project, project management, and the rest of the organisation
  • A means of capturing and sharing lessons learned
  • A route to increasing the project management skills and competences of the organisation’s staff at all levels
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