Which product records any project outcomes perceived as negative by stakeholders?
Which product records any project outcomes perceived as negative by stakeholders?
The Business Case records expected dis-benefits which are outcomes perceived as negative by stakeholders. It includes the costs, benefits, dis-benefits (negative outcomes), risks, and timescales of the project, providing a comprehensive assessment to justify and continually evaluate the project's viability. Thus, it is the appropriate document for recording negative outcomes perceived by stakeholders.
D. Project product description. It contains customer quality expectations and acceptance criteria. I understand that buisiness case needs to be updated if negative outcomes realized - but the description what is perceived as a negative outcome sounds more like product description.
business case: " Expected dis-benefits The impact of one or more outcomes of the project might be perceived as negative by one or more stakeholders."
The answer should be Business Case, as really the dis-benefits are outcomes which are perceived as negative and are recorded in the Business Case. Business Case is both a theme and a product. Reference 6.2 prince manual: PRINCE2 requires that two products are produced and maintained for the business case theme: • B s ness .ase Provides the costs, benefits, expected dis-benefits, risks and timescales against which viability is justified and continuing viability is tested. It is acceptable to use an alternative document such as a corporate business plan to replace the business case for part of the project lifecycle. Be e s anag men approacn Defines the management actions that will be put in place to ensure that the project's outcomes are achieved and confirm that the project's benefits are realized.
The correct answer is B : Business Case. Please refer to section A.2.2. of Appendix A ("Managing successful projects with PRINCE2"): "Expected dis-benefits The impact of one or more outcomes of the project might be perceived as negative by one or more stakeholders. Dis-benefits are actual consequences of an activity whereas, by definition, a risk is uncertain and may never materialize. For example, a decision to merge two elements of an organization onto a new site may have benefits (e.g. better joint working), costs (e.g. expanding one of the two sites) and dis benefits (e.g. drop in productivity during the merger). Dis-benefits need to be valued and incorporated into the investment appraisal."
* The correct answer is A : Business Case.
Businecc case "define the management actions that will be put in place to ensure that the project’s outcomes are achieved and confirm that the project’s benefits are realized "
Discussed wit colleague. It is D. hobokabobo is right.
Answer B sounds more logical: "...so the Project Board can be asking “how are we doing compared to the original project plan?” https://prince2.wiki/management-products/plan/
Business Case is a Theme not a management product, correct answer is "D"
Business Case is a Management product as well, listed under the "Types of Management Products" : A.2 entry from Appendix A
The correct answer is A : Business Case. Please refer to section A.2.2. of Appendix A ("Managing successful projects with PRINCE2"): "Expected dis-benefits The impact of one or more outcomes of the project might be perceived as negative by one or more stakeholders. Dis-benefits are actual consequences of an activity whereas, by definition, a risk is uncertain and may never materialize. For example, a decision to merge two elements of an organization onto a new site may have benefits (e.g. better joint working), costs (e.g. expanding one of the two sites) and dis benefits (e.g. drop in productivity during the merger). Dis-benefits need to be valued and incorporated into the investment appraisal."
The justification for an organizational activity (project), which typically contains costs, benefits, risks and timescales, and against which continuing viability is tested.
Business Case