Question:- What is Prince2?
Answer:- Prince2 stands for project in controlled environment. It is a process based method which is used for effective project management.
Question:- What are the key features of prince 2?
Answer:- The key features are – • Widely organized and understood • Can be applied to any project • Based on management by exception • Invaluable diagnostic tool • Consistency and reusability in project work.
Question:- Define Plan?
Answer:- A plan defines – Risks, Resources , Communication Scope, Budget, Schedule, Quality
Question:- What are the levels of plan?
Answer:- The levels of plan are – • Project Plan • Stage Plan • Team Plan • Exception Plan
Question:- What are the planning steps?
Answer:- The Planning steps are – • Designing the pal • Define the products • Identify Activities and Dependencies • Prepare Estimates • Prepare Schedule • Document plan • Identify Risks
Question:- What is the process model of prince2?
Answer:- The process model includes:- • Directing a project(DP) • Starting up a project(SU) • Initiating a project(IP) • Controlling a stage(CS) • Managing a project delivery(MP) • Managing a stage Boundary(SB) • Closing a Project(CP)
Question:- What is directing a project (DP)?
Answer:- It performs:- • Support project • Accept Results • Provides Management Approval
Question:- During which process is the request to approve the next Stage Plan made?
Answer:- During managing a Stage Boundary process the request to approve the next Stage Plan is made.
Question:- Which process allows non-PRINCE2 practices to be integrated into a PRINCE2 project environment when creating products?
Answer:- Managing Product Delivery allows non-PRINCE2 practices to be integrated into a PRINCE2 project environment when creating products.
Question:- Which role is responsible for producing a Product Status Account?
Answer:- Project Support responsible for producing a Product Status Account
Question:- Which role is responsible for drafting the outline Business Case?
Answer:- Executive is responsible for drafting the outline Business Case.
Question:- Which role confirms stage and project progress against agreed tolerances?
Answer:- Project Assurance confirms stage and project progress against agreed tolerances.
Question:- What are the two types of progress controls provided by PRINCE2?
Answer:- The two types of progress controls provided by PRINCE2 are – • Time-driven • Event-driven
Question:- Which process triggers the request to deliver a project?
Answer:- Initiating a Project process triggers the request to deliver a project.