KNOWLEDGE BASE

Prince2

Projects in Controlled Environments, versions 2. Projectmanagement. method based on best practices of the Britsh OGC (Office of Government Commerce). Prince2 is based on 6 aspects, 7 principles, 6 themes and 7 processes.

Aspects

Also known as tolerances or performance goals. In some organizations these are the KPI’s 1. Scope (section in Project Plan) 2. Timescale (section in Project Plan) 3. Risk (section in Risk Management Approach) 4. Quality (section in Project Product Description) 5. Benefits (section in Business Case) 6. Costs (section in Project Plan)

Principles

1. Business Justification (business case) 2. Lessons Learned (lessons log) 3. Roles and Responsibilities (R&R) 4. Staged approach 5. Management by Exception 6. Product focussed 7. Tailored to suit the project environment, size, complexity, importance, time capability and risk.

Themes

(parenthesis: principles to which the themes are related) 1. Business Case (business justification) 2. Organization (R&R) 3. Quality (R&R, Lessons Learned, product focus) 4. Plans (business justification, staged approach, R&R, lesson learned) 5. Risk (business justification, R&R, lessons learned) 6. Change (business justification, R&R, lessons learned) 7. Progress (management by exception, staged approach, business justification, lessons learned)

Processes

1. Starting Up A Project (project team and project brief) 2. Initiating A Project (business case, Project Initiation Documentation (PID)) 3. Directing A Project (Project Board) 4. Controlling A Stage (work packages) 5. Managing Product Delivery (accepting, executing and delivering project work) 6. Managing Stage Boundaries (transition from one stage to the next) 7. Closing A Project (formal decommissioning of the project)