2 7 PRINCE 2 principlesP2 projects have a continued business justification.P2 projects have defined and agreed roles and responsibilities.P2 projects are managed (planned, monitored and controlled) on a stage by stage basis.P2 projects have defined tolerances to establish limits of delegated authority (management by exception).P2 projects focus on the definition and delivery of products.P2 projects are tailored to suit the projects environment, size, complexity, importance, capability and risk.P2 projects learn from previous experience (lessons).
3 7 PRINCE 2 Themes Business Case (Why?) Organisation (Who? Quality (What?)Plans (How, How much, When?)Risk (What if?)Change (What’s the impact)Progress (Where are we now? Where are we going? Should we carry on?)
4 7 PRINCE Processes Directing Project Planning Controls QualityMgmt of RiskOrganisationBusiness Case7 PRINCE ProcessesControlsStarting up a ProjectDirecting ProjectPlansQualityMgmt of RiskBusiness CaseControlsConfiguration MgmtChange ControlInitiating a ProjectPlanningControlling a StageControlsChange ControlConfiguration MgmtBusiness CaseMgmt of Risk QualityQuality reviewChange controlChange ControlQualityControlsPlans Mgmt of RiskManaging Product DeliveryPlansQualityBusiness CaseMgmt of RiskControls OrganisationManaging Stage BoundariesClosing a ProjectControlsConfiguration MgmtBusiness CaseMgmt of RiskChange ControlProduct-based planningKey = Techniques = Component =ProcessPinkGreyClear
6 Project Initiation Document Introduction, explaining the context of the project, and how we have arrived at the current position of requiring a project:ContextObjectivesAuthorityProject Definition, explaining what the project needs to achieve:Key deliverablesConstraintsAssumptionsExclusionsInterfacesExternal dependenciesToleranceBenefitsCosts
7 PID content continued Approach Project Plan Contingency Plan Communication and Stakeholder plansProject Organisation StructureReporting CycleRisk ManagementQuality Management
8 Benefits of PRINCE2™The method is widely recognized and understood, and therefore provides a common vocabulary for all project participants - promoting effective communication.T he method also provides for the explicit recognition of project responsibilities - so that participants understand each other's roles and needs.There is a defined structure for accountability, delegation, authority and communication.