Principles 2 Flashcards
What should be sought;
- when starting a project
- as the project progresses
- as the project closes
Lessons
Who are Sponsors who endorse the objectives and ensure that the project is value for money?
Business Stakeholders
Who are Those who realise the benefits after the project is complete?
User Stakeholders
Who provides the resources and expertise to the project?
Supplier Stakeholders
What principle enables planning to be done to a level of detail that is manageable and foreseeable?
Manage by Stages
What is the minimum amount of stages required for a Prince2 project?
Two (2)
What are the 2 minimum stages required for a Prince2 project?
- initiation stage
- management stage
What principle does this describe;
Defining tolerances for each project objective to establish limits of delegated authority
Manage by Exception
What would you use these 6 objectives for?
- time
- cost
- quality
- scope
- risk
- benefit
Setting Tolerances
What principle does this describe;
Projects should focus on outputs, not activities. Outputs should be agreed BEFORE defining the activities to produce them.
Focus on Products
What provides clarity about a products purpose, composition and quality criteria?
Product Description
What principle does this describe;
- the project management effort and approach is appropriate to the needs of the project
- the project management is aligned to the organisations business processes that may govern and support the project
Tailor to suit the project environment
What principle does this describe;
There is justifiable reason to start the project which is valid, documented and approved.
Continued business justification
