How to Manage PRINCE2 Foundation Project Management

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Project management recognizes and controls the resources necessary to implement major new or changed programs or practices. As outlined on a PRINCE2 Foundation training courses in the uk.

While the PMBOK describes six methods of managing projects, in this article, we will only cover steps one and two.  The other five steps are covered in the PMP exam.

SMittlely, project management includes:

Scope management – the creation, review, and updating of the scope at each stage of the project

Constraints management – establishing and reviewing the criticality of these items by comparing them to the project requirements, and determining the Sarbanes-Oxley requirements

Cost control – allocating costs out of the scope and making sure they are paid for and are not over projections.

Quality control – defining the parameters to measure deviations from the scope

On Scope – when scope creep or an unavoidable change occurs, this is the method to use

On Quality – as part of the course of the Work Breakdown File (WBS), the ability to define the parameters for the quality program, including the set of standards, installing methods, customer service standards

Over budget – using procedures to control the budget

Failure to budget – the environment of knowing “your fate” makes budgeting simple

Scope plan – the project terms and conditions.  It does not serve the least experienced project managers.

Scope Base – relates to the quality or the cost.  When the scope is incomplete, it is a cause of confusion

Scope Change – the ability to leverage and focus when the scope changes during the project.

WBS – encompasses the set of standards and or methods used to complete the ACTION.  It includes the following:

Standard customer service – as part of the planning process that services the needs of the customer

Standard paperwork – this is a way of asking and answering the questions.  It may be worded differently

Standard reporting – the one that provides any level of information.  Like the standard test

Standard booking – this is during its active period and includes the time the foggy box.

Standard applications – this is where the various projects are combined

Standard test – this is defined its use, etc.

Standard requirements – this is the one that contains the outline of what’s to be done

Scope Management – processes that are used to manage scope change as well as how it is initiated and finished.

User Interface Templates – written definitions with guidance on documentation capable of being used as a draft for visualization.

 Horus Change Control Board -Key users of the process who review any changes to request Description.

 Change Requested – these are work-in-process documents for which acceptance is required by the project management office, the project team, and the tracking system.  The entire process is described and sign-off is completed.

Fixed Price – defined the expected flow of work from this point forward, how it will be competitive for other projects, clients, and contractors.

Invoice – the Sum of Current Assets, Inventory, Accounts Payable, Accounts Receivable, Liabilities

Regardless of how they are defined, Project Management will improve your confidence in the processes you use to manage your schedule and your budget.  And have fun with the PMP exam and learning what’s to be expected.