PRINCE2 Project Management Overview

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Questions and Answers

Which process provides the minimum necessary to represent a quick and early decision point in PRINCE2?

  • Directing a Project
  • Managing Product Delivery
  • Initiating a Project
  • Starting Up a Project (correct)

Which PRINCE2 process is accountable for the overall success of the project?

  • Closing a Project
  • Controlling a Stage
  • Managing a Stage Boundary
  • Directing a Project (correct)

Which PRINCE2 process is primarily accountable for the delivery of a specific stage of the project?

  • Controlling a Stage (correct)
  • Managing Product Delivery
  • Directing a Project
  • Managing a Stage Boundary

Which process is often referred to as the 'pre-project' phase in PRINCE2, setting the groundwork for the project's initiation?

<p>Starting Up a Project (C)</p>
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Which PRINCE2 process is directly responsible for the creation and delivery of the project's specialist products?

<p>Managing Product Delivery (C)</p>
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In which PRINCE2 process is the Benefits Management Approach document initially created?

<p>Initiating a Project (A)</p>
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What does 'Time-driven control' primarily refer to within the PRINCE2 methodology?

<p>Frequency of progress reports (C)</p>
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Which process in PRINCE2 establishes the contract between the Project Manager and the Project Board, outlining their respective responsibilities?

<p>Initiating a Project (A)</p>
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Which PRINCE2 process outlines the steps for transitioning from the current stage to the next, including updating plans and assessing performance?

<p>Managing a Stage Boundary (D)</p>
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In which PRINCE2 process is the Team Plan document created, detailing the work packages and resource allocation for the team??

<p>Managing Product Delivery (D)</p>
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How many logs does PRINCE2 recommend to maintain throughout the project lifecycle for effective control and monitoring?

<p>No specific number (A)</p>
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Which process confirms the acceptance of the project's final products and officially recommends project closure to the Project Board?

<p>Closing a Project (C)</p>
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Which PRINCE2 process is responsible for creating and maintaining registers to track risks, issues, and other relevant project information?

<p>Controlling a Stage (A)</p>
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Which process has the Project Board as process owner?

<p>Directing a Project (A)</p>
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What drives the decision-making processes throughout the project's lifecycle to ensure the project remains aligned with its intended outcomes in PRINCE2?

<p>Benefits Management Approach (C)</p>
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A high-level plan that works in coordination with a detailed stage plan, permitting project management in manageable stages, is known as what?

<p>Project Plan (C)</p>
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In PRINCE2, what approach to project management is generally adopted?

<p>A flexible and scalable approach (D)</p>
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Within which document is the Project Brief formally created in PRINCE2?

<p>Starting Up a Project (C)</p>
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Who is typically responsible for preparing an Exception Report in PRINCE2?

<p>Project Manager (A)</p>
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Who carries ultimate responsibility to Corporate or Programme Management for the achievement of the projects benefits?

<p>Project Board (B)</p>
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Flashcards

Starting up a Project

Provides the minimum necessary and represents a quick and early decision point in project management.

Directing a Project

The process accountable for the overall success and direction of the project.

Controlling a Stage

The process that oversees and manages a single stage of the project.

Starting up a Project

Process referred to as the 'pre-project start,' ensuring a solid foundation.

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Managing Product Delivery

The process responsible for delivering the project's specialist products or outputs.

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Benefits Management Approach

A framework defining how project benefits will be identified, measured, and realized.

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Time-driven controls

Used to control the project regarding the amount of time spent.

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Initiating a Project

Process that forms a contract between the Project Manager and the Project Board.

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Product description

Contains descriptions of project's products.

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Next Stage Plan

A plan made in the Managing a stage Boundary process.

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Controlling a Stage

The process where the Team Plan is created, detailing team activities.

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Closing a Project

Used for acceptance of the project products and recommends project closure.

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Study Notes

  • PRINCE2 Project Management Quiz

Processes - General

  • A process provides the minimum necessary and it represents a quick and early decision point
  • The process accountable for the project
  • The process accountable for a stage
  • The process referred to as a 'pre-project start'
  • The process responsible for delivering the project's specialist products

Benefits Management

  • The Benefits Management Approach is created in a process

Time Controls

  • Time-driven controls exist
  • The number of time-driven controls

Project Manager and Project Board

  • A process forms a contract between a Project Manager and Project Board
  • The process that is owned by the project manager to control a stage

Logs

  • Process that creates the Logs
  • PRINCE2 has a number of Logs

Next Stage Plan

  • Which Process creates the Next Stage Plan

Team Plan

  • The Process in which the Team Plan is created

Product Description

  • Process creates the product description for the next stage

Team Manager

  • The Process owned by the Team Manager

Acceptance and Closure

  • A process confirms acceptance for the project's products and recommends project closure

Registers

  • Process creates the Registers

Project Board

  • The Process owned by the Project Board

Deliverables Term

  • Another term for Deliverable

Project Characteristics

  • One of the following is NOT a characteristic of a Prince2 Project

Performance Variables

  • One of these is NOT a variable which needs to be performance managed during a project

Project Justification

  • Compulsory projects require justification of

Plans and Stages

  • High level plan works with a detailed stage plan, letting a project be managed by stages

Project Management Approach

  • Project Management approach is taken by Prince2

Directing a Project

  • The process directing a project triggered

Project Brief

  • Project Brief being created in a process

Exception Report

  • Person responsible for prepared an exception report

Corporate or Programme Management Accountability

  • Who is accountable to Corporate or Programme Management for the success of the project

Project Approach

  • Where is the project approach established within Prince2

Individual Role Accountability

  • Individual role ultimately accountable for the Project

Stage results and Benefits

  • Responsible for the stage producing a result that meets benefits that is defined in the BC

Prince2 Process Model

  • Product is NOT created during the Prince2 Process Model

Decision Making

  • What drives the decision making process during a Prince2 Project

User Representative

  • Phrase applies to the user representative in a Prince2 Project management team

Key Decision-Making

  • Process covers the key decision-making of the project

Business Case

  • The Business Case should summarise the costs derived from a document

Project Support and Assurance

  • Why Prince2 suggest Project Support and Project Assurance roles should be kept separate

Planning Levels

  • PRINCE2 recommends three levels of plans; Project, Team and

Product Sequence

  • What is created to identify the sequence in which the products will be developed

Risk

  • The person responsible for monitoring all aspects of a particular risk

False Statements

  • Which of these statements are false

Risk Register

  • When is the risk register created

Exception Plan

  • Typical Exception Plan covers a period

Product Based Planning

  • In Product Based Planning a circle symbolises an item

Authorizing Work Packages

  • These are NOT triggers for the project Manager to authorise a work package

Stage Controls

  • In controlling a stage you want to understand project controls required

Issue Register

  • Who is responsible for updating the issue register in controlling a stage

Quality Issues

  • In controlling a Stage, which activity would you check for quality issues shown in the Q register

Issues and Risks

  • Who can raise an Issue or Risk

Managing Product Delivery

  • Managing Product Delivery views the project from the perspective of a role

Stage Tolerance Exceeded

  • If a stage is forecast to exceed it's tolerances, what plan is produced

Revised Costs and End Dates

  • Details of any revised costs or end dates are used when updating a document

Quality Management Strategy

  • The quality Management strategy is prepared during a process

Quality Review Team

  • Which Quality Review team roles are responsible for the overall conduct of the review

Product Versions

  • What would let someone know what the precise content of an old version of a product was

Delegating Decisions

  • The Project Board may consider delegating the decision making for significant issues to who

Management Decision Points

  • Defined as "partitions of the project with management decision points"

Project Board Involvement

  • These items does NOT involve the Project Board

Mandatory Stage

  • In a Prince2 Project, a stage is mandatory

Reporting Frequency

  • According to PRINCE2 the frequency of reporting should reflect a factor

Project Manager Responsibilities

  • Before closure of the project can be recommended, the Project Manager must ensure an action

Project Documentation

  • What document should report what went well or what went badly within the project

Tailoring

  • Tailoring refers to

Change Budget Alignment

  • If a change budget is used, it will need to be aligned to

Project Evaluation Reports

  • This report is created during the evaluate the project activity

PRINCE2 Performance Management

  • Aspects of project performance (variables) need to be managed in a PRINCE2 project

Business Case Composition

  • A component would NOT form part of the composition of the Business Case

Controlling a Stage Process

  • The process Controlling a Stage drives another process on a frequent iterative basis

Starting Up A Project Expectations

  • The existence of information is expected by the process Starting up a Project

Mandatory Project Element

  • The use of an item is mandatory in a PRINCE2 project

Management Product

  • Management product is produced during Starting Up a Project

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