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PRINCE2 - What a Business (Case)!

The Business Case in PRINCE2® is the document against which all decisions are ultimately made. It provides the decision makers (Project Board) in the project with a clear picture of what the project is set to deliver, how much it is all going to cost, how long it will take, and an analysis of when the expected benefits will come on stream.

 So why is this any different to any other project that we already undertake? For example at home; if we are considering enlarging our living accommodation we, first of all, have to gain a common understanding of why we need to do it ... to have good REASONS. 

Once that is agreed and decided there are several options that may be available to us...

  • We could “do nothing”
  • We could move to a larger house
  • We could build an extension on side of the existing house
  • We could grow into the loft
  • We could adapt the existing room layout

Each of these OPTIONS would, of course, have different costs and timescales attached to them... but we would consider them all, and decide which of them could be discounted and capture why that decision was made. We may be left with a couple of alternatives which need further investigation, but eventually, we come to a decision on the way forward... and that is our chosen OPTION.

Learn more about the Business Case in PRINCE2 on our PRINCE2 Foundation and PRINCE2 Practitioner Training Courses. One of our most popular training methods is applying PRINCE2 to everyday examples to help you understand them and pass your exam!

In a project such as the above, the costing and timescale would almost certainly have been supplied by a builder and their associated trades, and all of these costs added together will form the basis of the COST heading in our Business Case. Equally the overall timescale from their various trades will equate to the TIMESCALE  heading in our Business case. It should be noted here that the builder (and other trades) are all in business to make a profit, and therefore they will all have their own Business Case... our focus is on OUR Business Case.

userMike

date15 Jan 2013

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Configuration Management for Projects

Once you have gained your PRINCE2 Practitioner qualification, or attended Intro to Project Management training and started working on projects, you should be considering the different ways to keep projects running smoothly. One of these is configuration management.

The term configuration management conjures up all sorts of questions for project managers, firstly;

  • What is configuration management?
  • Do I need it?
  • How do I apply it?

What is Configuration Management?

Whether we realise it or not, configuration management exists all around us. For example, the make and model of your car or phone, the version of software you use at home or at work and the documents you use in your daily lives could be version controlled.

Essentially what configuration management covers is how we identify things that need to be version controlled, track these items by keeping records, using naming or labelling the latest versions and control the items by getting approval and ensuring that master copies are kept safe.

Do I Need It?

configuration-management

You mean there's a better way to organise paperwork?

In a project environment, you will at the very least be generating a large amount of paperwork that as a minimum you will need to manage by configuration management.

Have you ever experienced that situation in a meeting when glancing across at a colleague's collection of paperwork, you notice that they have a later or earlier version of the documentation you have?

If configuration were being managed in your project environment, this situation should not happen.

Ideally, you would at least manage your important documentation by ensuring that approved versions are baselined (approved) and then if changes are required, a new version number is generated. This provides a useful history to review where changes were made or for comparison at the end of the project to compare to the original objectives.

In addition, some projects may also create products or deliverables that would benefit from being managed through configuration. Consider the following questions:

  • How will we identify these products?
  • Where will we store the products?
  • What storage retrieval and security will be in place?
  • Who will be responsible for configuration management?

These questions lead me onto the next big question which is:

userClaudine

date10 Oct 2012

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Configuration Management for Projects

Once you have gained your PRINCE2 Practitioner qualification, or attended Intro to Project Management training and started working on projects, you should be considering the different ways to keep projects running smoothly. One of these is configuration management.

The term configuration management conjures up all sorts of questions for project managers, firstly;

  • What is configuration management?
  • Do I need it?
  • How do I apply it?

What is Configuration Management?

Whether we realise it or not, configuration management exists all around us. For example, the make and model of your car or phone, the version of software you use at home or at work and the documents you use in your daily lives could be version controlled.

Essentially what configuration management covers is how we identify things that need to be version controlled, track these items by keeping records, using naming or labelling the latest versions and control the items by getting approval and ensuring that master copies are kept safe.

Do I Need It?

configuration-management

You mean there's a better way to organise paperwork?

In a project environment, you will at the very least be generating a large amount of paperwork that as a minimum you will need to manage by configuration management.

Have you ever experienced that situation in a meeting when glancing across at a colleague's collection of paperwork, you notice that they have a later or earlier version of the documentation you have?

If configuration were being managed in your project environment, this situation should not happen.

Ideally, you would at least manage your important documentation by ensuring that approved versions are baselined (approved) and then if changes are required, a new version number is generated. This provides a useful history to review where changes were made or for comparison at the end of the project to compare to the original objectives.

In addition, some projects may also create products or deliverables that would benefit from being managed through configuration. Consider the following questions:

  • How will we identify these products?
  • Where will we store the products?
  • What storage retrieval and security will be in place?
  • Who will be responsible for configuration management?

These questions lead me onto the next big question which is:

userClaudine

date10 Oct 2012

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PRINCE2 Crossword Revision

Read (and memorise as many as you can!) all of the following statements about PRINCE2®. 

Then download our PRINCE2 crossword and see how many you've remembered!

  • A project is a unique series of actions designed to accomplish a unique goal.
  • The Project brief is the first key document in PRINCE2’s prescribed method for starting up a project.
  • A project is defined as a temporary organisation, created to deliver one or more business products based on and agreed Business Case.
  • The Project Manager will spend most of their time on the Controlling a Stage process which describes the day to day monitoring and control activities for the project.
  • The Project Initiation document collates most of the documents from the SU (Starting up a Project) and IP (Initiating a Project) processes.
  • The Project Initiation Documents, including the Project Plan are part of the Initiating a Project process which examines the justification for the project.
  • The pre-project process that gathers the necessary data to start a project is the Start up a Project process.
  • The process that provides a controlled way to complete a stage and plan the next one is Managing a Stage Boundary.
  • Information is provided to the Project Board at the end of each stage about the current status of a project as part of the Managing a Stage Boundary process.
  • The project’s Products are delivered as part of the Managing Product Delivery process.
  • There can be up to four outputs from the Managing Product Delivery process.
  • Delivery of the products and preparation for project closure are part of the Closing a Project process.
  • All the products defined in the Project Plan are listed in order of importance in the Product Breakdown Structure.
  • The Team Manager creates a Team Plan to plan the project team’s activities.  This is agreed with the Project Manager.
  • Information from upper management, outlining what is required from the project is contained in the Project Mandate.
  • The time from the start of the project and the close of the project and acceptance of the product is known as the Project Lifecycle.
  • The Project Board must be given an Exception Plan if a stage is expected to go out of the agreed tolerance.
  • The method and frequency that information is exchanged is defined in the Communication Management Strategy.
  • The Project Board approves the completion of a stage and authorises the start of the next stage during the Directing a Project process.
  • The Project Manager creates a regular Highlight Report for the Project Board to provide information on the process of each stage.  This is produced on a time-driven frequency, e.g.: every two weeks.
  • The Project Board’s 2nd control point and 2nd activity is Authorising the Project.
  • Work Packages are allocated to the Team Leaders by the Project Manager.
  • The Team Manager provides Checkpoint Reports to the Project Manager, based on the regular team meetings.
  • A grouping of a certain set of techniques used in the development of the product is known as a Technical Stage.

PRINCE2 Training Crossword

Once you've finished the PRINCE2 Crossword download the PRINCE2 Crossword Solution to check your answers.  Remember, no cheating!!

userAndy Trainer

date15 Jul 2011

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PRINCE2 Crossword Revision

Read (and memorise as many as you can!) all of the following statements about PRINCE2®. 

Then download our PRINCE2 crossword and see how many you've remembered!

  • A project is a unique series of actions designed to accomplish a unique goal.
  • The Project brief is the first key document in PRINCE2’s prescribed method for starting up a project.
  • A project is defined as a temporary organisation, created to deliver one or more business products based on and agreed Business Case.
  • The Project Manager will spend most of their time on the Controlling a Stage process which describes the day to day monitoring and control activities for the project.
  • The Project Initiation document collates most of the documents from the SU (Starting up a Project) and IP (Initiating a Project) processes.
  • The Project Initiation Documents, including the Project Plan are part of the Initiating a Project process which examines the justification for the project.
  • The pre-project process that gathers the necessary data to start a project is the Start up a Project process.
  • The process that provides a controlled way to complete a stage and plan the next one is Managing a Stage Boundary.
  • Information is provided to the Project Board at the end of each stage about the current status of a project as part of the Managing a Stage Boundary process.
  • The project’s Products are delivered as part of the Managing Product Delivery process.
  • There can be up to four outputs from the Managing Product Delivery process.
  • Delivery of the products and preparation for project closure are part of the Closing a Project process.
  • All the products defined in the Project Plan are listed in order of importance in the Product Breakdown Structure.
  • The Team Manager creates a Team Plan to plan the project team’s activities.  This is agreed with the Project Manager.
  • Information from upper management, outlining what is required from the project is contained in the Project Mandate.
  • The time from the start of the project and the close of the project and acceptance of the product is known as the Project Lifecycle.
  • The Project Board must be given an Exception Plan if a stage is expected to go out of the agreed tolerance.
  • The method and frequency that information is exchanged is defined in the Communication Management Strategy.
  • The Project Board approves the completion of a stage and authorises the start of the next stage during the Directing a Project process.
  • The Project Manager creates a regular Highlight Report for the Project Board to provide information on the process of each stage.  This is produced on a time-driven frequency, e.g.: every two weeks.
  • The Project Board’s 2nd control point and 2nd activity is Authorising the Project.
  • Work Packages are allocated to the Team Leaders by the Project Manager.
  • The Team Manager provides Checkpoint Reports to the Project Manager, based on the regular team meetings.
  • A grouping of a certain set of techniques used in the development of the product is known as a Technical Stage.

PRINCE2 Training Crossword

Once you've finished the PRINCE2 Crossword download the PRINCE2 Crossword Solution to check your answers.  Remember, no cheating!!

userAndy Trainer

date15 Jul 2011

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Silicon Beach Training | Locations and Courses update

We are delighted to announce that we have expanded further across the United Kingdom to ensure that we can cover all your training requirements in your local area!

Some of our New Locations:

  • Manchester
  • Birmingham
  • Bristol
  • Edinburgh
  • Dublin
  • Milton Keynes

To see the full list of locations please visit the link below:

Training Locations

userJoseph Scott

date25 May 2017

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Silicon Beach Training | Locations and Courses update

We are delighted to announce that we have expanded further across the United Kingdom to ensure that we can cover all your training requirements in your local area!

Some of our New Locations:

  • Manchester
  • Birmingham
  • Bristol
  • Edinburgh
  • Dublin
  • Milton Keynes

To see the full list of locations please visit the link below:

Training Locations

userJoseph Scott

date25 May 2017

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PRINCE2 Quiz

Now you can test your knowledge of PRINCE2® with our interactive PRINCE2 Quiz!

Split into 11 bite-sized parts, this quiz tests your understanding of PRINCE2 2009 Themes and Processes.

Our PRINCE2 quiz is ideal for revision for your PRINCE2 Foundation and PRINCE2 Practitioner exams or for testing your knowledge before coming on a PRINCE2 course.

 To work through our PRINCE2 quiz, use the links below:


For comprehensive instructor-led PRINCE2 training, examination and certification, delegates should attend one of our public PRINCE2 Foundation trainingPRINCE2 Practitioner training or the full qualification PRINCE2 Foundation and Practitioner in Brighton, UK

Head over to our PRINCE2 Resources page for more help with your PRINCE2 revision.

This PRINCE2 quiz is written by Silicon Beach Training and does not represent real PRINCE2 exam content.

userAndy Trainer

date8 Apr 2014

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