purpose

Question 1

output

Answer 1

the tangible or intangible deliverable of an activity. In Prince2 outputs are the specialist products that will be used to enable change

Question 2

capability

Answer 2

the completed set of project outputs required to deliver an outcome

Question 3

outcome

Answer 3

the result of change, normally affecting real-world behaviour and circumstances. Changes are implemented to achieve outcomes, which are achieved as a result of the activities undertaken to facilitate the change

Question 4

benefit

Answer 4

the measurable improvement resulting from an outcome that is perceived as an advantage by the investing organization and contributes towards one or more business objectives

Question 5

dis-benefit

Answer 5

the measurable decline resulting from an outcome perceived as negative by the investing organization and which detracts from one or more business objectives

Question 6

business objective

Answer 6

the measurable outcome that demonstrates progress in relation to the organizations strategy and to which the project should contribute