Which control must be used as a minimum requirement for applying the ‘progress’ theme?
Which control must be used as a minimum requirement for applying the ‘progress’ theme?
To manage progress effectively in a PRINCE2 project, the minimum requirement is the use of tolerances. Tolerances define the permissible limits for deviations from the project's plan and enable monitoring and controlling of performance. By setting these limits, it ensures that the project stays on track and allows issues to be escalated appropriately if deviations exceed the allowed limits. This approach ensures a systematic method for managing progress in a controlled manner.
B. Tolerances In PRINCE2, tolerances are essential for managing progress. They define the permissible limits for deviations from the project's plan and are used to monitor and control performance. Tolerances help determine when an issue should be escalated to the next level of management if deviations exceed the allowed limits. This allows for effective management of progress and ensures that the project remains on track.
B. To be following PRINCE2, a project must, as a minimum: •define its approach to controlling progress in the PID •be managed by stages (PRINCE2’s manage by stages principle) •set tolerances and be managed by exception against them (PRINCE2’s manage by exception principle) •review the business justification when exceptions are raised (PRINCE2’s continued business justification principle) •learn lessons (PRINCE2’s learn from experience principle).
Tolerances is not a control