with Complete Answers.
Project characteristics - Answer 1. Change
2. Temporary
3. Cross-functional
4. Unique
5. Uncertainty
Six variables involved in a project - Answer 1. Costs
2. Timescales
3. Quality
4. Scope
5. Risk
6. Benefits
Four integrated elements - Answer 1. Principles
2. Themes
3. Processes
4. Tailoring PRINCE2 to the project environment
Principles of PRINCE2 - Answer 1. Continued business justification
2. Learn from experience
3. Defined roles and responsibilities
4. Manage by stages
5. Manage by exception
6. Focus on products
7. Tailor to suit the project environment
Themes of PRINCE2 - Answer 1. Business Case
2. Organisation
3. Quality
4. Plans
5. Risk
6. Change
, 7. Progress
Purpose of a theme: Business Case - Answer To establish the mechanisms to judge whether
the project is (and remains) desirable, viable and achievable as a means to support decision
making in its (continued) investment.
Contents of a Business Case - Answer 1. An executive summary
2. Reasons
3. Business options
4. Expected benefits
5. Expected dis-benefits
6. Timescale
7. Costs
8. Investment appraisal
9. Major risks
Purpose of a theme: Organisation - Answer To define and establish the project's structure of
accountability and responsibilities (the who?).
Four levels of management within the project management structure - Answer 1. Corporate
or programme management
2. Directing - Project Board
3. Managing - Project Manager
4. Delivering - Team Manager
Key characteristics of a good Project Board - Answer 1. Authority
2. Credibility
3. Ability to delegate
4. Availability
Purpose of a theme: Quality - Answer To define and implement the means by which the
project will create and verify products that are fit for purpose.
Quality planning comprises: - Answer - Understanding the customer's quality expectations
- Defining the project's acceptance criteria
- Documenting the customer's quality expectations and the project's acceptance criteria in the
Project Product Description