Progress Flashcards
(13 cards)
What is the purpose of the Progress Practice?
Establish mechanisms to monitor and compare actual achievements against those planned.
Provide a forecast for the projects objectives and continued viability.
Control any unnacceptable deviations.
What is the definition of Forecast?
A prediction made by studying historical data and past patterns.
What is the definition of Exception?
A situation where it can be forecast that there will be a deviation beyond the tolerance levels agreed between the project manager and the project board.
What does Effective Progress Management follow?
Plan
Do
Check
Act
What is the definition of Progress?
The measure of the achievement of the objectives of a plan.
What are the seven types of tolerance?
Benefits
Time
Cost
Scope
Sustainability
Risk
Quality
If a tolerance is breached, where should this be reported to?
The next level of the organisation.
What is an Event Driven Control?
Control (decision making) that is an event based activity.
What is a Time Driven Control?
The monitoring and reporting requiring a time based approach.
What is a lesson?
Information to facilitate the future of the project or other projects and actively promote learning from experience. The experience may be positive, as in a successful test or outcome or negative such as in a mishap/failure.
What is the Lessons Log?
A means of recording lessons and to assess against progress.
How can lessons be captured?
During a post-project review.
During any meetings throughout the project.
Via PRINCE2 management products like checkpoint/highlight reports.
By performing retrospectives.
When issues occur in a project.
During stakeholder one-to-one meetings.
How does Data and Systems support progress management?
Greater accuracy.
Digital technology has supported data collection.
Data analytics supports decision making.
Automation allows a professional focus on value adding activities.
Solution must fit requirements and business maturity.
Digital systems support work across multiple locations.
