Principles

Question 1

PRICIPLES: Continual business justification

Answer 1

Start with a valid business case and ensure that the business case/justification remains valid throughout the project. If it does not, the project should be stopped.

Question 2

PRICIPLES: Learn from experience

Answer 2

Avoid reinventing the wheel. Emphasize good practice, avoiding bad practices.

Question 3

PRICIPLES: Define roles and responsibilities

Answer 3

Understand and define who is doing what.

Question 4

PRICIPLES: Manage by stages

Answer 4

Do the work, review the outputs, and decide to proceed. Validate ongoing business justification.

Question 5

PRICIPLES: Manage by exception

Answer 5

Project board should only need to meet between stages. Set the tolerance (permissible deviation before escalation) for the next stage.

Question 6

PRICIPLES: Focus on products

Answer 6

What should we build and how good should it be? Use product-based planning techniques, and engage with the Plan and Quality themes of Prince2.

Question 7

PRICIPLES: Tailor to suit the project environment

Answer 7

Be aware of the size of the project and the appropriate level of management/reporting/etc. to meet the specific project needs efficiently and effectively.

Question 8

What are the seven PRINCE2 principles?

Answer 8

1. Continual business justification
2. Define roles and responsibilities
3. Learn from experience
4. Manage by stages
5. Manage by exception
6. Focus on products
7. Tailor to the project environment