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A PRINCE2 project has continued business justification.
A requirement for a PRINCE2 project is:
The justification can change!
And as a result the project objectives/deliverables may change!
The justification is documented and approved
DON'T start a project without business justification
STOP the project when there no longer is
a valid business justification
PRINCE2 project teams learn from previous experience: lessons are thought, recorded and acted upon throughout the life of the project.
This needs to be a proactive principle. IOW, don't wait for someone else to tell.
Lessons can be learned on multiple levels. Individual, team, project, organization.
Remember that past success is no guarantee for future success.
Also be aware of the Knowing - Doing Gap.
A PRINCE2 project has defined and agreed roles and responsibiities within an organization structure that engages the business, user and supplier stakeholder interests.
All projects have the following primary stakeholders:
the business/sponsor owns the project. A project is done on behalf of the business, its purpose is to fulfil a certain business objective. The business has to make a choice whether to fund a project fund another project or just bank the money.
The outcome of a project will be used by the user. It is therefore important that the user is represented on the project board.
The outcome of the project is produced by the supplier. This can be either a internal or external supplier.
A PRINCE2 project is planned, monitored and controlled on a stage-by-stage basis.
PRINCE2 overcomes the planning horizon by:
Dividing the project into a number of management stages
Having a high level project plan and a detailed stage plan
Planning, delegating, monitoring and controlling the project on a stage-by-stage basis
A management stage is not the same as a production stage.
P2 requires there to be a minimum of 2 management stages:
Initiation stage
(further) management stage(s)
Note that Starting Up a project (SU) is NOT a management stage!
"No news is good news"
This can only be achieved when there is sufficient planning and information available. It does require a new, or adjusted, attitude by all parties involved.
A task without a specific deliverable is meaningless. In the end of the day projects produce products.
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