Which is a true statement about time-driven controls?
Which is a true statement about time-driven controls?
Time-driven controls are used for monitoring the progress of Work Packages and management stages. These controls are scheduled at predefined intervals to provide regular updates on the progress of various project elements. This ensures that the project stays on track and any deviations can be addressed in a timely manner.
-Types of controls • Event-driven Takes place when a specific event occurs: • End of a stage • Completion of the Project Initiation Documentation (PID) • Time-driven Takes place at pre-defined periodic intervals: • Highlight Reports • Checkpoint Reports
PRINCE2 provides control through four main ways: - Delegating Authority from one level to the next (e.g., from Project Board-Project Manager) - Dividing the project into management stages and authorizing one stage at a time - Time-driven and event-driven progress reports (e.g., Highlight Reports) - Raising Exceptions: Use exceptions to alert above layer if a big issue occurs (out of tolerance) How these controls will be used in the project is decided early in the project and documented in the Project Initiation Documentation under the Progress heading.