Applying PRINCE2 Practices

PRINCE2 Practices represent the recommended approaches and behaviors that bring the PRINCE2 principles to life in projects. Applying these practices effectively ensures projects remain controlled, viable, and focused on business justification. These practices include: 1. Business Case: Establishing and maintaining justification for the project by demonstrating value. Projects must be worthwhile investments that align with organizational objectives. 2. Organization: Creating a clear structure with defined roles and responsibilities. This includes appointing a Project Board, Project Manager, and Team Managers with clear accountabilities. 3. Quality: Defining quality requirements early and implementing verification methods. Projects must deliver products that meet stakeholder expectations through appropriate quality controls. 4. Plans: Developing plans at multiple levels that define what needs to be delivered, by whom, when, how, and at what cost. Planning should be tailored to project complexity. 5. Risk: Identifying, assessing, and controlling uncertainties. This systematic approach helps minimize threats and maximize opportunities. 6. Change: Managing product scope through controlled identification and handling of changes to baselined products. 7. Progress: Monitoring and comparing actual achievements against plans. This enables informed decisions about continuing project viability. Effective application requires tailoring these practices according to project size, complexity, risk, and organizational environment. For example, a small project might combine roles or simplify documentation while maintaining the principles. Practical application involves: - Embedding practices in organizational processes - Adapting techniques to match project needs - Ensuring consistent terminology - Focusing on value rather than bureaucracy - Maintaining appropriate governance oversight When applied properly, these practices create a framework that balances flexibility with control, ensuring projects remain commercially viable while managing risk appropriately.

PRINCE2 Practices represent the recommended approaches and behaviors that bring the PRINCE2 principles to life in projects. Applying these practices effectively ensures projects remain controlled, vi…

Concepts covered: Business Case, Organization, Quality, Plans, Risk, Change, Progress