Principles Flashcards
(29 cards)
The project must always be aligned with business value and justification.
Continued Business Justification
Lessons are captured and applied throughout the project.
Learn from Experience
Everyone knows their role and what they are accountable for.
Defined Roles and Responsibilities
The project is divided into controllable phases with review points.
Manage by Stages
Tolerances are set for time, cost, scope, etc., and escalations happen only when needed.
Manage by Exception
Outputs and their quality requirements are defined before work begins.
Focus on Products
PRINCE2 is adapted to fit the project’s size, complexity, and environment.
Tailor to Suit the Project
PRINCE2 Principles
→ Continued Justification
→ Learn from Experience
→ Defined Roles
→ Stage Management
→ Stage Exceptions
→ Product Focus
→ Tailoring
What PRINCE2 principle ensures a project is still worth investing in?
Continued Business Justification
Which principle focuses on learning from previous projects and mistakes?
Learn from Experience
Which principle ensures everyone knows their responsibilities?
Defined Roles and Responsibilities
Which principle breaks the project into manageable parts?
Manage by Stages
Which principle allows escalation only when something goes outside agreed limits?
Manage by Exception
Which principle ensures deliverables are clearly defined before work begins?
Focus on Products
Which principle allows PRINCE2 to be adapted to the project environment?
Tailor to Suit the Project
Why is “Continued Business Justification” important in a project?
It ensures the project remains valuable and aligned with business goals.
What is the main benefit of “Manage by Exception”?
It empowers teams while alerting leadership only when needed.
How does “Focus on Products” improve project quality?
By defining outputs and quality criteria upfront.
What does “Tailor to Suit the Project” allow you to do?
Adjust PRINCE2 based on the size and complexity of the project.
What happens if roles are not clearly defined in a PRINCE2 project?
Confusion, delays, and poor communication.
What is the role of “Manage by Stages” in risk control?
It allows regular review points and better control over progress.
How does “Learn from Experience” help improve future projects?
It applies lessons to avoid repeating mistakes.
Continued Business Justification
The project must always be aligned with business value and justification.
Learn from Experience
Lessons are captured and applied throughout the project.
