Project Characteristics / Prince2 Areas of Performance Flashcards
What is a project?
Temporary organisation created to deliver products outlined in Business Case.
Six characteristics to a project.
What are the five characteristics to a project?
Temporary Unique Change Uncertainty Cross-Functional
Five characteristics to a project, one is Temporary. What does this mean?
Defined start and end. Business as usual afterwards (with change)
Five characteristics to a project, one is Unique. What does this mean?
Each project is unique for one reason or another - product/team/customer/location etc
Five characteristics to a project, one is Change. What does this mean?
Projects are the means to introduce change
Five characteristics to a project, one is Uncertainty. What does this mean?
Projects are more risky, with more threats and opportunities.
Five characteristics to a project, one is Cross-Functional. What does this mean?
Team of people with different skills creating change that will have an impact outside of the team
Prince2 has six areas of performance. What are they?
What do you do with them?
Benefits Cost Quality Risk Scope Time
To be measured, balanced and monitored
Prince2; six areas of performance
Benefits - what is it?
Value to be gained from change
Prince2; six areas of performance
Cost - what is it?
Allocated budget
Prince2; six areas of performance
Quality - what is it?
Measure of what is delivered and whether it is fit for purpose
Prince2; six areas of performance
Risk - what is it?
An understanding of uncertainty
Prince2; six areas of performance
Scope - what is it?
Definition of what’s included in the project, subject to change control
Prince2; six areas of performance
Time - what is it?
Duration of the project
How many characteristics are there to a project?
Five
