Pure PRINCE2 - Progress theme Flashcards

1
Q

What are the four purposes of the Progress theme?

A
  • Monitor and compare actual achievement against the approved business case
  • Provide a forecast on the project objectives
  • Provides a way of measuring a project’s progress and continued viability
  • Control unexpected deviations from the plan / tolerances
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2
Q

What five things does PRINCE2 require in terms of the Progress theme?

A

PRINCE2 does not specify policy regarding progress, but does have several requirements:

  1. Define its approach to progress management in the PID
  2. Set tolerances and Manage By Exception - essential to a project’s success
  3. Be managed in stages
  4. Maintain a lessons log and record progress-related lessons
  5. Monitor progress against tole
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3
Q

What do good project controls allow?

A
  • Project process monitoring and assessment of CBJ
  • Identification of risks and issues, and a plan of corrective action
  • Control and authorise further work according to assessment against the CBJ
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4
Q

How is progress monitored?

A

Progress is monitored via project controls, and any deviation is flagged.

Two types of project controls:

  1. Event-driven - triggered by a specific event (eg. end of a stage)
  2. Time-driven - progress report at regular, pre-determined intervals. Duration is variable, dependent on the level of management

The more reports, the more control over the progress, but the more resources needed.

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5
Q

What are the management products of the Progress theme?

A

Management products of the progress theme:

  • Exception Reports - produced when a project breaches, or is forecast to breach, its set tolerances
  • Checkpoint Reports - reports on progress of the work package. TM to PM
  • Lessons are captured in the Lessons Log
  • Progress is monitored daily and recorded in the daily log, quality register and risk register
  • A baseline is established to monitor progress
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6
Q

What are the key responsibilities of the Progress theme?

A

Key responsibilities of the Progress Theme:

  • C/P - provides project mandate and sets whole-project tolerances
  • PE - sets stage tolerances for the PM and handles exception reports
  • SU/SS - ensures the progress processes match the expectations of their party
  • PM - authorises WP’s, measures the progress of stages, creates exception reports, and keeps within tolerances set by the PE / C/P
  • PA - confirms project progress against the tolerances
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