PRINCE2 Foundation Flashcards
(107 cards)
What are the four integrated elements of Prince2
Principles, Themes, Processes and Environments
What are the characteristics of Project work
Change, Temporary, Cross-functional, Unique, Uncertain
What are the six aspects of project performance
Cost, Timescales, Quality, Scope, Benefits and Risks
What is a portfolio
The totality of an organisations investment in changes required to achieve a strategic objective
Is PRINCE2 Generic ?
YES
What does PRINCE2 mean ?
Projects in Controlled Environments
Who specifies the desired result ?
The customer
Prince2 principles must be:
Universal, Self validating and Empowering
Universal means regarding the PRINCE 2 principles
The principles apply to every project
What does self validating means in relation to PRINCE2 principles
The principles should give the practitioner of the method added confidence with an ability to influence or shape how the project will be managed
What does the continued business justification principle cover ?
Is there enough justification for starting the project; Can we demonstrate justification still exists; The project should be stopped if justification no longer exists.
Don’t do anything unless it’s worth doing/Is worth continuing
What does the learn from experience principle cover ?
Starting a project: Seek lessons from previous projects
During a project: Record, review and act on lessons
Closing a project: Lessons are learned and passed back
What does the defined roles and responsibilities principle cover?
Clearly defined roles, who reports to who
What does the management by stages principle cover ?
Breaking the projects into stages/Control points - Allowing the assessment of performance and making changes when needed
What are the two minimum stages PRINCE2 recommends
Initiation stage (First stage of planning), Management stage/s
Purpose, Composition and Quality Criteria may be included in
Product description
What aspects may projects differ in
Scale, Complexity, Importance, Team capability and risk
What process occurs during the pre-project phase?
The SU Process
What is the ISP
Plan for planning the project
What is a stage plan
A look forward at the next stage, establishing what we plan to do
List four outputs of the Initiation phase of a PRINCE2 project
PID, BMA, Stage plan, ESR
What process would delegating work to a team manager trigger
Triggers process called Managing Product Delivery
What processes are in the managing stage phase of a PRINCE2 project
Controlling a stage process and Managing product delivery
What process lasts for the duration of the project
Directing a project process