CIMA E2 Syllabus C. Managing projects - Project Management: PRINCE2 - Notes ^{15 / 16}

A set of guidelines which defines methods and processes to be followed which should help the project be delivered successfully.

A popular choice is PRINCE2.

Some of the features of PRINCE 2 are:

1. PRINCE2 enforces a clear structure of authority and responsibility on the project team.

2. It includes different types of plans ensuring that all the participants in the project have a clear understanding of the tasks to be completed, the relationships between them and their roles in the tasks' completion.

3. It contains several quality controls.

The following are the process areas in PRINCE2:

1. Planning a project

2. Starting up a project

3. Initiating a project

4. Directing a project

5. Managing stage boundaries - It ensures that all planned deliverables are completed as the project progresses.

6. Controlling a stage

7. Managing product delivery - The project manager reports to the project committee and the project assurance team.

8. Closing a project