Management Overview

A PRINCE2 project is driven by the project's business case which describes the organisation's justification, commitment and rationale for the deliverables or outcome. The business case is regularly reviewed during the project to ensure the business objectives, which often change during the lifecycle of the project, are still being met.

Diagram: Scope of PRINCE2
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There are different groups of people involved in projects: the customer, one or more suppliers, and of course the user.  PRINCE2 is designed to provide a common language across all the interested parties involved in a project. Bringing customers and suppliers together typically involves contracts and contract management, although these aspects are outside the scope of PRINCE2, the method provides the necessary controls and breakpoints to work successfully within a contractual framework.

Benefits

PRINCE2 is a structured method providing organisations with a standard approach to the management of projects. The method embodies proven and established best-practice in project management. It is widely recognised and understood, and so provides a common language for all participants in the project.

PRINCE2 provides benefits to the organisation, as well as the managers and directors of the project, through the controllable use of resources and the ability to manage business and project risk more effectively. PRINCE2 enables projects to have :

• A controlled and organised start, middle and end;
• Regular reviews of progress against plan and against the Business Case;
• Flexible decision points;
• Automatic management control of any deviations from the plan;
• The involvement of management and stakeholders at the right time and place during the project;
• Good communication channels between the project, project management, and the rest of the organisation.

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