Term
What are the SEVEN Principles:
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Definition
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 to suit the project environment |
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Term
What are the 7 Processes:
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Definition
Always Used:
1. Starting Up a Project
2. Initiating a Project
3. Closing a Project
Used when required:
4. Controlling a Stage
5. Managing Product Delivery
6. Managing a Stage Boundary
Used continuously:
7. Directing a Project
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Term
| How About Controlling a Stage? |
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Definition
1. Authorizing Work Packages
2. Receiving feedback on the Work Package status
3. Receiving advice of completed Work Packages
4. Create regular Highlight Reports
5. Reviewing the remainder of the stage
6. Capture and examine project issues
7. Escalate project issues via an Exception Report |
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Term
What happens when the PROJECT is CLOSED?
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Definition
• Verify user acceptance of products
• Ensure operations and maintenance are able to support the products
• Review the project performance against its baselines
• Assess any benefits that have already been realized, forecast the remaining benefits and plan their
review
• Capture open issues and risks with the follow-on action recommendations |
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Term
What are the PRINCE2 Themes?
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Definition
• Business Case
• Organization
• Quality
• Plans
• Risk
• Changes
• Progress |
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Term
What are the 4 levels of Prince2 management?
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Definition
Corporate/Programme Management – responsible for commissioning the project
Directing – The Project Board is responsible for overall direction and management of the project
Managing – The Project Manager is responsible for day-to-day management within the Project Board constraints
Delivering – Optionally, a Team Manager may be appointed – responsible for planning specialist products
and managing the specialist team |
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Term
What Does The Progress Theme Entail?
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Definition
• Monitor progress
• Compare the level of achievement with plan
• Review plans and options against future situations
• Detect problems early and detect risks
• Initiate corrective action
• Authorize further work |
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Term
| What are the Four risk responsibilities in Prince2? |
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Definition
1. Keeping the project manager informed of any external risk exposure to the project
2. Agreeing or otherwise to the project managers planned risk actions
3. Ensuring that there is a balance between the level of risk and the business case benefits
4. Keeping corporate and other senior stakeholders of any risks that may affect their objectives. |
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Term
| What are three levels of plans to reflect the needs of the different levels of management? |
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Definition
1. The Project Plan – created by the Initiating a Project process
2. Stage Plans – The Initiation Stage Plan is created by the Starting Up a Project process,
and remaining delivery stage plans are created by the Managing a Stage Boundary process
3. Team Plans – these are optional and are created by the Managing Product Delivery process |
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