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2025
What are the 4 integrated elements of PRINCE2? - answer Principles
Themes
Processes
Project environment
What is the definition of the PRINCE2 principles? How many are
there? - answer The guiding obligations and good practices which
determine whether the project is genuinely being managed using
PRINCE2. There are 7 principles (all must be applied to be a PRINCE2
project).
What is the definition of the PRINCE2 themes? How many are there?
- answer Aspects of project management that must be addressed
continually and in parallel throughout the project. There are 7
themes.
What is the definition of the PRINCE2 processes? How many are
there? - answer Describes a progression from the pre-project
activity of getting started, through the stages of the project
lifecycle, to the final act of project closure. Each process has
checklists of recommended activities, products and related
responsibilities. There are 7 processes.
,Definition of the project environment? - answer PRINCE2 is tailored
and embedded to suit an organisation's way of working.
Definition of project - answer A temporary organisation that is
created for the purpose of delivering one or more business products
according to an agreed business case.
What characteristics of project work distinguishes it from business
as usual? - answer Change
Temporary
Cross-functional (people with different skills working together)
Unique
Uncertainty (threats and opportunities)
What is project management? - answer The planning, delegating,
monitoring and control of all aspects of the project, and the
motivation of those involved, to achieve the project objectives
within the expected performance targets for time, cost, quality,
scope, benefits and risk.
What are the six variables in any project/the six aspects of project
performance to be managed? - answer Costs
Timescales
Quality
Scope
Benefits
Risk
Definition of programme - answer A temporary, flexible organisation
structure created to coordinate, direct and oversee the
implementation of a set of related projects and activities in order to
deliver outcomes and benefits related to the organisation's
,strategic objectives. A programme is likely to have a life that spans
several years.
Definition of portfolio - answer The totality of an organisation's
investment (or segment thereof) in the changes required to achieve
its strategic objectives.
What are the two typical project approaches? - answer Waterfall
approach - delivery steps are in sequence and product is at the end
Agile approach - steps take place iteratively through the project
(small chunks along the way) think software
What are the 7 PRINCE2 principles? - answer Continued business
justification
Learn from experience
Defined roles and responsibilities
Manage by stages
Manage by exception
Focus on products
Tailor to suit the project
PRINCE2 requirements for continued business justification principle
- answer There is a justifiable reason for starting the project
Justification is recorded and approved
Justification remains valid, and is revalidated, throughout the life of
the project
When does learning from experience take place? - answer When
starting a project - can lessons be applied from previous projects
As the project progresses - implement improvements throughout
the life of the project
, As the project closes - Pass on lessons
Who are the primary stakeholders all projects have? - answer
Business - sponsors who endorse the objectives
Users - use the products
Suppliers - provide the resources
Definition of management stage - answer The section of a project
that the project manager is managing on behalf of the project board
at any one time, at the end of which the project board will wish to
review progress to date, the state of the project plan, the business
case and risks and the next stage plan, in order to decide whether
to continue with the project
What does the choice of appropriate management stages for a
project depend on? - answer Size and complexity
Significant decisions and control points required
Organisational policies and standards
What two management stages must a PRINCE2 project have? -
answer Initiation stage
One further management stage
What does the focus on manage by stages ensure? - answer That
the project is properly initiated before work starts on delivery of the
projects outputs. It also provides review and decision points, ability
to ensure key decisions are made prior to detailed work, and
facilitates the manage by exception principle.
What is the manage by exception principle? - answer Distinct
responsibilities, accountability is established by delegating
authority, project assurance mechanism and setting up controls