PRINCE2 Foundation

Introduction
Benefits of using PRINCE2
Why projects fail
Project Lifecycle

PRINCE2 Process Model
Overview of the 8 PRINCE2 processes and how they are used throughout the lifecycle of the project:
Starting Up a Project define the project; create an outline business case; identify the customer's quality expectations
Initiating a Project identify products that the project will produce; plan the project; set up controls and files
Directing a Project authorise the project and stage plans; decide how to deal with issues and exceptions
Controlling a Stage activities performed by the project manager on a day to day basis to manage the work during a stage
Managing Product Delivery products are developed and quality reviewed; Team Manager reports progress to Project Manager
Managing Stage Boundaries create all stage and exception plans
Closing a Project controlled close of the project; formal customer sign off for deliverables; ensure outstanding issues are captured for future reference
Planning developing plans using the product based planning technique

PRINCE2 Components
Each of the 8 PRINCE2 components of a project and how they are used by the PRINCE2 processes:
Business Case develop a Business Case as the driver of the project
Organisation establish an effective organisation structure for the project representing the major project interests
Plans identify the products to be developed from the project and the activities and resources required to develop them
Controls decision making, communication and control mechanisms that will be used during the project
Management of Risk identify risks and put in place measures to minimise negative consequences
Quality in a Project Environment define and plan how quality will be managed through the project
Configuration Management manage the project assets
Change Control capture and manage all requested changes