Principles Flashcards
What is business justification
There is a justifiable reason for starting project
Justification is recorded and approved
Justification remains valid through project life
What is learn from experience
Lessons sought recorded and acted about through the life of project
Defined roles and responsibilities
Projects must have an explicit project team structure of defined roles
All three stakeholder interests must be represented effectively
Manage by stages
Project is planned monitored and controlled stage by stage
How many stages must a project have and what?
2 at least 1 initiation stage and one further management stage
Who controls management stage?
Pm with authority from project board
What is manage by exception
Defined tolerances for each project to establish limits of authority
Focus on products
Prince2 requires projects to be output orientated rather that work
What’s coming out of the project
Define product
An input or output
Two types specialist and management products
What is tailoring a project
Tailoring prince2 to suit project environment size complexity importance team capability and risk
PID should describe how it has been tailored
