Contents
Overview of PRINCE2 Project Management ................................................................................... 6
The definition of a project .......................................................................................................... 6
What is project management? ................................................................................................... 6
Characteristics of a project ....................................................................................................... 6
The 5 integrated elements ......................................................................................................... 6
Features and benefits of PRINCE2 ........................................................................................... 11
Project Management ............................................................................................................... 12
7 Aspect of project performance ............................................................................................. 12
Project context ....................................................................................................................... 13
Users, suppliers and business ................................................................................................. 13
Principles ................................................................................................................................... 15
The 7 core principles ............................................................................................................... 15
Tailoring a project ................................................................................................................... 16
Applying and tailoring PRINCE2 ............................................................................................... 17
People; ...................................................................................................................................... 18
People context........................................................................................................................ 18
Organizing (practice) .................................................................................................................. 25
Applying PRINCE2 practices .................................................................................................... 25
Purpose of the organizing practice ........................................................................................... 25
The 3 principle project interests .............................................................................................. 25
3 organizational levels............................................................................................................. 26
Project management team roles.............................................................................................. 29
PRINCE2 technique for organizing ........................................................................................... 29
3 Management products ......................................................................................................... 30
Applying the principles ............................................................................................................ 30
Starting up a Project (SU) (process) ............................................................................................. 31
The purpose of Starting Up a project (SU) ................................................................................. 31
The objectives of starting up a project ...................................................................................... 32
Overview of starting up a project ............................................................................................. 33
Initiating a Project (IP) (process) .................................................................................................. 34
The purpose of the initiating a project ...................................................................................... 34
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, The objective of initiating a project........................................................................................... 34
Management products ............................................................................................................ 35
Project Initiation Documentation (PID)..................................................................................... 35
Project log .............................................................................................................................. 36
Overview of initiating a project................................................................................................. 37
Business Case (practice) ............................................................................................................ 38
Purpose of the business case practice .................................................................................... 38
The relationship between outputs, outcomes, and benefits ...................................................... 38
Business case lifecycle ........................................................................................................... 39
Business case through the project lifecycle ............................................................................. 40
Management products ............................................................................................................ 40
Benefits management approach ............................................................................................. 41
Sustainability management approach ..................................................................................... 41
Applying the principles ............................................................................................................ 41
Plans (practice) Purpose statement of the plans practice ............................................................ 42
How PRINCE2 plans relate to each other ................................................................................. 42
Stages .................................................................................................................................... 43
Stages and work packages ...................................................................................................... 43
Product based planning .......................................................................................................... 44
Product breakdown structure .................................................................................................. 47
Product flow diagram .............................................................................................................. 48
Work breakdown structure ...................................................................................................... 48
Management products ............................................................................................................ 49
Applying the principles ............................................................................................................ 50
Quality (Practice) ....................................................................................................................... 50
The purpose of the quality practice .......................................................................................... 50
Quality terminology................................................................................................................. 50
Product based quality approach .............................................................................................. 51
Quality management .............................................................................................................. 51
PRINCE2 quality management procedure ................................................................................ 53
Management products ............................................................................................................ 54
Applying the principles ............................................................................................................ 54
Risk (Practice) ............................................................................................................................ 55
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, The purpose of the risk practice ............................................................................................... 55
The definition of risk ................................................................................................................ 55
Key risk concepts .................................................................................................................... 55
Risk planning .......................................................................................................................... 56
Risk analysis ........................................................................................................................... 56
Types of risk responses ........................................................................................................... 58
Risk culture ............................................................................................................................ 59
PRINCE2 technique for risk management ................................................................................ 59
Management products ............................................................................................................ 60
Applying the principles ............................................................................................................ 60
Controlling a Stage (CS) (process) ............................................................................................... 61
Points of view ......................................................................................................................... 61
The PRINCE2 processes .......................................................................................................... 61
Purpose of controlling a stage process .................................................................................... 61
Objectives of controlling a stage process ................................................................................. 62
Overview of controlling a stage ................................................................................................ 62
Controlling stage activities ...................................................................................................... 64
Managing Product Delivery (PD) (process) ................................................................................... 65
Purpose of managing product delivery ..................................................................................... 65
Objectives of managing product delivery ................................................................................. 65
Overview of managing product delivery .................................................................................... 65
Roles ...................................................................................................................................... 66
Work package description ....................................................................................................... 66
Managing a Stage Boundary (SB) (process) .................................................................................. 67
Purpose of managing a stage boundary ................................................................................... 67
Objectives of managing a stage boundary ................................................................................ 68
Context .................................................................................................................................. 68
Overview of managing a stage boundary .................................................................................. 68
Issues (practice)......................................................................................................................... 70
Purpose of the issues practice ................................................................................................ 70
Definition and types of issues .................................................................................................. 70
Issue resolution ...................................................................................................................... 71
Change control ....................................................................................................................... 72
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, PRINCE2 techniques for issue management ............................................................................ 72
Key management products ..................................................................................................... 73
Progress (practice) ..................................................................................................................... 74
Definitions .............................................................................................................................. 74
Effective Progress Management .............................................................................................. 74
Tolerances assigned to the 7 aspect of project performance (CBQRSST) .................................. 74
Delegating tolerances and reporting progress .......................................................................... 75
Types of control ...................................................................................................................... 76
Lessons.................................................................................................................................. 76
Reports in PRINCE2 ................................................................................................................ 76
Escalating .............................................................................................................................. 77
Use of data and systems ......................................................................................................... 77
PRINCE2 technique for exception management ....................................................................... 78
Managing products ................................................................................................................. 78
Applying the principles ............................................................................................................ 79
Closing a project (CP) (process) .................................................................................................. 79
The purpose of closing a project .............................................................................................. 79
Objectives of closing a project................................................................................................. 80
Overview of closing a project ................................................................................................... 80
Directing a Project (DP) (process) ................................................................................................ 81
Purpose of Directing a Project (DP) .......................................................................................... 81
Objectives of Directing a Project (DP) ...................................................................................... 81
The project board … ................................................................................................................ 81
Overview of directing a project ................................................................................................ 82
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Overview of PRINCE2 Project Management ................................................................................... 6
The definition of a project .......................................................................................................... 6
What is project management? ................................................................................................... 6
Characteristics of a project ....................................................................................................... 6
The 5 integrated elements ......................................................................................................... 6
Features and benefits of PRINCE2 ........................................................................................... 11
Project Management ............................................................................................................... 12
7 Aspect of project performance ............................................................................................. 12
Project context ....................................................................................................................... 13
Users, suppliers and business ................................................................................................. 13
Principles ................................................................................................................................... 15
The 7 core principles ............................................................................................................... 15
Tailoring a project ................................................................................................................... 16
Applying and tailoring PRINCE2 ............................................................................................... 17
People; ...................................................................................................................................... 18
People context........................................................................................................................ 18
Organizing (practice) .................................................................................................................. 25
Applying PRINCE2 practices .................................................................................................... 25
Purpose of the organizing practice ........................................................................................... 25
The 3 principle project interests .............................................................................................. 25
3 organizational levels............................................................................................................. 26
Project management team roles.............................................................................................. 29
PRINCE2 technique for organizing ........................................................................................... 29
3 Management products ......................................................................................................... 30
Applying the principles ............................................................................................................ 30
Starting up a Project (SU) (process) ............................................................................................. 31
The purpose of Starting Up a project (SU) ................................................................................. 31
The objectives of starting up a project ...................................................................................... 32
Overview of starting up a project ............................................................................................. 33
Initiating a Project (IP) (process) .................................................................................................. 34
The purpose of the initiating a project ...................................................................................... 34
1
, The objective of initiating a project........................................................................................... 34
Management products ............................................................................................................ 35
Project Initiation Documentation (PID)..................................................................................... 35
Project log .............................................................................................................................. 36
Overview of initiating a project................................................................................................. 37
Business Case (practice) ............................................................................................................ 38
Purpose of the business case practice .................................................................................... 38
The relationship between outputs, outcomes, and benefits ...................................................... 38
Business case lifecycle ........................................................................................................... 39
Business case through the project lifecycle ............................................................................. 40
Management products ............................................................................................................ 40
Benefits management approach ............................................................................................. 41
Sustainability management approach ..................................................................................... 41
Applying the principles ............................................................................................................ 41
Plans (practice) Purpose statement of the plans practice ............................................................ 42
How PRINCE2 plans relate to each other ................................................................................. 42
Stages .................................................................................................................................... 43
Stages and work packages ...................................................................................................... 43
Product based planning .......................................................................................................... 44
Product breakdown structure .................................................................................................. 47
Product flow diagram .............................................................................................................. 48
Work breakdown structure ...................................................................................................... 48
Management products ............................................................................................................ 49
Applying the principles ............................................................................................................ 50
Quality (Practice) ....................................................................................................................... 50
The purpose of the quality practice .......................................................................................... 50
Quality terminology................................................................................................................. 50
Product based quality approach .............................................................................................. 51
Quality management .............................................................................................................. 51
PRINCE2 quality management procedure ................................................................................ 53
Management products ............................................................................................................ 54
Applying the principles ............................................................................................................ 54
Risk (Practice) ............................................................................................................................ 55
2
, The purpose of the risk practice ............................................................................................... 55
The definition of risk ................................................................................................................ 55
Key risk concepts .................................................................................................................... 55
Risk planning .......................................................................................................................... 56
Risk analysis ........................................................................................................................... 56
Types of risk responses ........................................................................................................... 58
Risk culture ............................................................................................................................ 59
PRINCE2 technique for risk management ................................................................................ 59
Management products ............................................................................................................ 60
Applying the principles ............................................................................................................ 60
Controlling a Stage (CS) (process) ............................................................................................... 61
Points of view ......................................................................................................................... 61
The PRINCE2 processes .......................................................................................................... 61
Purpose of controlling a stage process .................................................................................... 61
Objectives of controlling a stage process ................................................................................. 62
Overview of controlling a stage ................................................................................................ 62
Controlling stage activities ...................................................................................................... 64
Managing Product Delivery (PD) (process) ................................................................................... 65
Purpose of managing product delivery ..................................................................................... 65
Objectives of managing product delivery ................................................................................. 65
Overview of managing product delivery .................................................................................... 65
Roles ...................................................................................................................................... 66
Work package description ....................................................................................................... 66
Managing a Stage Boundary (SB) (process) .................................................................................. 67
Purpose of managing a stage boundary ................................................................................... 67
Objectives of managing a stage boundary ................................................................................ 68
Context .................................................................................................................................. 68
Overview of managing a stage boundary .................................................................................. 68
Issues (practice)......................................................................................................................... 70
Purpose of the issues practice ................................................................................................ 70
Definition and types of issues .................................................................................................. 70
Issue resolution ...................................................................................................................... 71
Change control ....................................................................................................................... 72
3
, PRINCE2 techniques for issue management ............................................................................ 72
Key management products ..................................................................................................... 73
Progress (practice) ..................................................................................................................... 74
Definitions .............................................................................................................................. 74
Effective Progress Management .............................................................................................. 74
Tolerances assigned to the 7 aspect of project performance (CBQRSST) .................................. 74
Delegating tolerances and reporting progress .......................................................................... 75
Types of control ...................................................................................................................... 76
Lessons.................................................................................................................................. 76
Reports in PRINCE2 ................................................................................................................ 76
Escalating .............................................................................................................................. 77
Use of data and systems ......................................................................................................... 77
PRINCE2 technique for exception management ....................................................................... 78
Managing products ................................................................................................................. 78
Applying the principles ............................................................................................................ 79
Closing a project (CP) (process) .................................................................................................. 79
The purpose of closing a project .............................................................................................. 79
Objectives of closing a project................................................................................................. 80
Overview of closing a project ................................................................................................... 80
Directing a Project (DP) (process) ................................................................................................ 81
Purpose of Directing a Project (DP) .......................................................................................... 81
Objectives of Directing a Project (DP) ...................................................................................... 81
The project board … ................................................................................................................ 81
Overview of directing a project ................................................................................................ 82
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