Week 2

Question 1

Give a few examples of what should be documented in the business case.

Answer 1

Reasons for the project.
Cost / benefit analysis
Scenario analysis

Question 2

What is important when carrying out cost / benefit analysis?

Answer 2

Both costs and benefit of the project must balance

Question 3

What happens at each stage of the life cycle?

Answer 3

Every stage is approved by the project board before moving on to the next stage in the project

Question 4

What does PID stand for?

Answer 4

Project Initiation Document

Question 5

What is sensitivity analysis?

Answer 5

Analysis of everything that could happen by going through with the project, good or bad.

Question 6

What are the 7 principles of PRINCE?

Answer 6

1. Continued Business Justification
2. Learn from experience
3. Defined roles and responsibilities
4. Manage by stages
5. Manage by exception
6. Focus on products
7. Tailor method to suit the project environment

Question 7

What are the 7 themes of PRINCE?

Answer 7

1. Change
2. Progress
3. Business case
4. Organisation
5. Quality
6. Plans
7. Risk

Question 8

What are some features of agile approaches?

Answer 8

Deliverable’s reviewed for business fitness
All changes are reversible
Incremental / partial delivery acceptable

Question 9

What are the 8 agile methods principles?

Answer 9

1. Focus on business need
2. Deliver on time
3. Collaborate
4. Never compromise on quality
5. Develop solution iteratively
6. Build incrementally from firm foundations
7. Communicate continuously and clearly
8. Demonstrate control