How should a risky and complex project be planned in order to meet the minimum requirements for applying the 'plans' theme?
How should a risky and complex project be planned in order to meet the minimum requirements for applying the 'plans' theme?
For a risky and complex project, the project manager must consider having more management stages. This approach aligns with the 'plans' theme, specifically PRINCE2’s principle of managing by stages. By breaking the project into more stages, it becomes easier to manage and control the risks, ensuring that each stage is completed successfully before moving on to the next.
B should be correct 9.2 The more complex and risky a project, the more management stages that will be required (PRINCE2’s manage by stages principle)
For a risky and complex project, PRINCE2 recommends breaking the project into more management stages. This provides the Project Board with more frequent decision points to monitor progress, review risks, and ensure continued business justification. By having shorter stages, risks are better managed, and corrective actions can be taken sooner if needed.
9.2 recommendation.
C. The defined tolerances must be aligned to the project board's risk attitude When planning a risky and complex project in order to meet the minimum requirements for applying the 'plans' theme in PRINCE2, it's essential to ensure that the defined tolerances are aligned with the project board's risk attitude. This means that the project's tolerance levels should be set in a way that is consistent with the project board's willingness to accept and manage risk. This alignment helps in risk management and ensures that the project is planned in a way that is compatible with the organization's risk appetite and the specific circumstances of the project.