1. Elena Stoffo MAN 4885 4/6/2014

2.  PRojects IN Controlled Environments ◦ Used comprehensively by the UK Government  Principles Include; ◦ Focus on business justification ◦ Defined organizational structure for the PM team ◦ Project-based planning approach ◦ Emphasis on dividing the project into manageable and controllable stages ◦ Flexibility that can be applied at a level appropriate to the project

3.  Positives ◦ Greater control ◦ Clearly defined framework ◦ Divided into manageable stages ◦ Roles clearly defined  Negatives ◦ Paperwork

4.  There are seven key processes to the PRINCE2 methodology 1.Starting up a project 2.Initiating a project 3.Directing a project 4.Managing a stage boundary 5.Controlling a stage 6.Managing product delivery 7.Closing a project

5.  There are seven key themes to the PRINCE2 methodology 1.Business Case 2.Organization 3.Quality 4.Plans 5.Risks 6.Change 7.Progress