Prince 2 Pt 3

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The document discusses the key components of Prince 2 which are plans, controls, and stages. It explains that plans in Prince 2 involve three levels of planning from top-down and help identify sub-projects. It also discusses controls using exception-based management within defined tolerance levels. Finally, it covers stages as specific time spans separated by board decisions that can overlap on the technical side while being sequential on the management side.

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A project management plan is a formal, approved document that defines how the project is executed, monitored, and controlled. It may be a summary or a detailed document and may include baselines, subsidiary management plans, and other planning documents.Project managers spend a substantial amount of time ensuring baselines are achieved, ensuring the project sponsor and the organization get the full benefits of their projects. Besides proper planning, a project manager’s abilities also lie in efficiently controlling the project and ensuring project deliverables are on time—and that the project is completed per the project management plan.

4-0 PROJECT EXECUTION AND CONTROL

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4-0 PROJECT EXECUTION AND CONTROL - The purpose of Project Execution and Control is to develop the product or service that the project was commissioned to deliver. Typically, this is the longest part of the project management lifecycle, where most resources are applied. The conclusion of Project Execution and Control arrives when the product of the project is fully constructed, commissioned, accepted, and transitioned to the Client. Accurate records need to be kept throughout Project Execution and Control. They serve as input to the final step, Project Closeout.

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7 Processes of Prince2

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Prince2 by design is a process based approach to project delivery and that means projects progress through the processes in a linear way. In this presentation I cover the objectives and activities of each of the 7 Processes. I will take each process in turn and by the end of this presentation you should have a very good overview of the 7 Processes of Prince2. By having this good overview will help you with the Prince2 exam as you will understand what happens and when on the project. With the exam being open book you will be able to look up the detail if and when you need it. The 7 Processes of Prince2 are: Starting up a Project Directing a Project Initiating a Project Controlling a Stage Managing Product Delivery Managing a Stage Boundary Closing a Project

Project Management Plan

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The Project Management Plan is the essential tool for effective and efficient management of the project according to the guidelines of the Project Management Institute. The development and subsequent maintenance of the Plan is one of the most delicate phases of management and one of the most difficult challenge of the Project Manager: in fact he is the integration manager of the project's components and the guarantor in front of the Sponsor and Management to achieve the project’s objectives and he has always to provide a realistic view of the project throughout its life cycle, with a predictive approach (plan-driven). A brief description of the characteristics of a Project Management Plan and a proposed sequencing of activities (consistent with the PMBOK Guide ©, Fifth Edition and applicable, in principle, to any project In the attached presentation) are further presented.

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3-0 PROJECT PLANNING - The purpose of Project Planning is to define the exact parameters of a project and ensure that all the pre-requisites for Project Execution and Control are in place. Project Planning is an opportunity to identify and resolve any remaining issues and answer outstanding questions that may undermine the goals of the project or threaten its success. It is an opportunity to plan and prepare, as opposed to react and catch up.

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PRINCE2 Foundation Training Manual by Frank Turley

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Written by Frank Turley - The PRINCE2 Coach : Twitter @PRINCE2_Coach - Contact me if you have any questions studying PRINCE2 The main objective of this book is to provide an easy to read and understand PRINCE2® manual to help you understand PRINCE2 and pass the PRINCE2 exam. ·. This is the only PRINCE2 Training Manual or book that is focused on the Foundation syllabus and therefore the only book you need to refer to learn PRINCE2 & pass the Foundation exam.· The official PRINCE2 Manual for the Project Manager is an excellent reference manual but can be rather difficult to pick up and read if you are new to project management or PRINCE2. This is why this book has already become the #1 book for people who are preparing for the PRINCE2 Foundation Exam. How is our Training Manual different from the official PRINCE2 manual?· It is a training manual while the OGC manual is a reference manual· It provides lots of examples of Management Products (easier to understand) It is 100% focused on the PRINCE2 Foundation syllabus and Exam· It use examples to·help explain new PRINCE2 terms (easy to understand)· It is written like a training manual and therefore very easy to read· It provides an overview of the type of questions to expect (chapter by chapter) It is available in PDF format making it easy to search and find what you need.· etc...·

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Boost your career by opting for the 2-Day Training for PRINCE2 Foundation. The course material for this training is highly informative and will surely make you proficient in managing even the most challenging projects. It includes an introduction to PRINCE2, principles and themes of PRINCE2, business cases, quality management, planning and risk management, an introduction to PRINCE2 processes, tailoring PRINCE2 to project environment, structure and benefits of PRINCE2, types business cases and corporate organization. If you are looking forward to educate yourself and build a strong base in the project management then you should definitely opt for PRINCE2 certification.

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An Overview of PRINCE2 PRINCE2® means PRojects IN Controlled Environment. PRINCE2® is a process-based approach for project management providing an easily tailored and scalable method for the management of all types of projects. The method is the de-facto standard for project management in the UK and is practised worldwide. This presentation covers following PRINCE2 aspects. Elements of PRINCE2 Seven Principles of PRINCE2 Seven Themes of PRINCE2 Seven Processes of PRINCE2 We at projectingIT prepare the delegates to appear for the APMG PRINCE2 Foundation and Practitioner Level Project Management Certification and pass it successfully. Delegates will be provided with a project scenario and the course will use PRINCE2 to run the project. Templates will be provided to prepare the project documentation. The delegates will learn the key concepts in project management such as business case, project planning, scheduling, reporting, monitoring and controlling, risk and change management, project organization, step-by-step process for managing projects. PRINCE2 Foundation Qualification Overview Multiple choice format 75 questions per paper 5 questions to be trial and not counted in scores 35 marks required (out of 70 available) to pass - 50% PRINCE2 Practitioner Exam Qualification Overview Objective testing format 9 questions per paper with 12 marks available per question i.e. 108 marks total Duration is 2.5 hours Open book exam (Official PRINCE2 Manual only) 59 marks required (out of 108 available) to pass - 55% Register today to get a quote or call us to know about PRINCE2 course. and speak to one of our executives about the benefits of PRINCE2 and why you should do this course from us! Visit us on www.projectingit.com to know more about us.

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2 Project Management Life Cycle Kemaltaner/iStock/Thinkstock Learning Objectives By the end of this chapter, you will be able to: • Explain the importance of project governance. • Identify the phases in the project management cycle. • Describe the activities necessary to align and initiate the right project. • Discuss how to prepare the project management plan and baseline documents. • List the components necessary to execute a project plan. • Identify the steps needed to monitor and correct work to meet project objectives. • Describe the process of closing and assessing a project. CO_CRD CN CT CO_LO CO_TX CO_BL co-cn co-cr co-box co-intro co-photo co bar81677_02_c02_037-080.indd 37 9/9/14 12:52 PM Introduction Pretest 1. An organization’s top management, stakeholders, and customers are involved in governance of its projects. a. True b. False 2. Because no two projects are alike, each passes through a different number of major phases during its life cycle. a. True b. False 3. The primary goal of the initiation phase of the project life cycle is to select the right project to pursue. a. True b. False 4. Project teams should always seek to produce the highest quality deliverable possible. a. True b. False 5. Careful attention to detail during the planning phase makes executing a project easy. a. True b. False 6. The monitoring and corrective action phase of the project life cycle involves looking forward at the work ahead. a. True b. False 7. In the final phase of a project, the project team and manager perform a financial audit that accounts for all expenditures and assets. a. True b. False Answers can be found at the end of the chapter. Introduction Have you ever been part of a project team that did not know where it was—or where it was going? While most projects go through predictable phases toward completion, sometimes team members get so involved in their own detailed tasks that they lose sight of the whole process. When this happens, projects can suffer because of a lack of urgency. It seems that there is no “flow” of work toward an end point, just a lot of individual tasks getting done. To avoid this situation, someone must be able to see the big picture to ensure that tasks are completed according to schedule and that the project constantly moves toward its final H1 sec_n sec_t bar81677_02_c02_037-080.indd 38 9/9/14 12:52 PM Section 2.1 Project Governance deliverables. This process of shepherding the project along as an integrated effort is called governance. We will address this function in this chapter, along with the various phases in a typical project. Now that you have an introductory view of the field of project management, we will focus on the project management process and its five major phases. This chapter is an overview of these broad, sequential phases of project management, each of which adds value and content to the project as it moves from initi.

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