Quick Reference Card PRINCE2®7 PRINCE2 is based on five integrated elements Project context People Practices Processes Principles Organizational and project eco systems Based on Managing Successful Projects with PRINCE2®, QRC by Henny Portman, July’23 PRINCE2 principles The principles are the guiding obligations that determine whether the project is genuinely being managed using PRINCE2. There are seven principles, and unless all of them are applied, it is not a PRINCE2 project. People Projects need people, mainly those working on the project and those affected by the project. An understanding of the needs, capabilities, and motivations of the people involved and the relationships between them is crucial to how the project is established and managed. Starting up a project Create (Initiation) stage plan Create Project brief Principles Directing a Project Organizational ecosysteem People or groups Relationships PRINCE2 Project management team structure Business layer Initiating a project Controlling a stage Project board Senior user(s) Executive Managing product delivery Senior supplier(s) Manage a stage boundary Project assurance Project manager Project support Team manager(s) Team members Within the project management team From the business From the supplier Lines of authority Project assurance responsibility Lines of support/ advice Closing a project Approve ensure continued business justification Project product description Review define roles, responsibilities and relationships Starting up a project Initiating a project Create / assemble benefits management approach Quality management approach Sustainability management approach Change management approach Risk management approach Commercial management approach Digital and data management approach Communication management approach Product description(s) tailor to suit the project Stage plan Issue management approach Project Plan Project product description Approve Respond Approve Respond End project report Lessons report Update Create Create Create Quality Review Exception report Closing a project Issues Update Review / Update Project controls Benefits Close Time Risk Cost Scope Previous Highlight Report Issue Report Quality Highlight Report Sustainability Review Create/ update Create PRINCE2 practices PRINCE2 principles Baseline management product Create Controlling a stage Record Update Create Review Issue register Risk register Update/ Review Product description(s) Project log Create Review Update Review Create Team plan Work package Description Approve Previous checkpoint report Review Progress PRINCE2 process time driven Review Quality register Risk Update Update Product register Organizing Plans Manage a stage boundary Update Daily log Business case Approve Create Review Lessons register Inspect End stage report Lessons report Exception plan Product Description(s) Business case (Detailed) Project management team structure manage by exception focus on products Approve Project initiation documentation Project management team structure learn from experience manage by stages Approve Review Business case (Outline) Practices Directing a Project Approve Users Business The project context The principles, practices, and processes are applied by the people involved to ensure that the method is fit for the project context. Mandate Processes Suppliers PRINCE2 processes The seven processes describe the entire project lifecycle, from activities before getting started, through the stages of project delivery, and to the final act of project closure. Each process has checklists of recommended activities and related responsibilities. PRINCE2 project performance aspects There are seven aspects: benefits, costs, time, quality, scope, sustainability, and risk. For each aspect tolerances are to be agreed to facilitate decentralized decision-making. Project Review Project ecosysteem PRINCE2 practices The practices describe essential aspects of project management that must be applied consistently and throughout the project lifecycle. The seven practices explain the specific treatment required of that aspect of project management for the PRINCE2 processes to be effective and why they are necessary. Checkpoint report Create time driven Managing product delivery Report colour of the edge of a management product shows relationship with practice colour of an arrow corresponds with the input or output to the related process
