PRINCE2 Lesson 2 Flash Cards

Front

Principle 1:

Continued Business Justification

Back

The project must remain worthwhile and feasible. Dissertation example: After a pilot reveals access issues to a dataset, the student rechecks feasibility and adjusts scope to keep the study viable.

Front

Principle 2:

Learn from Experience

Back

Capture lessons and use them now. Example: A previous student’s feedback showed that he scored low in a module because he did not follow assessment guidelines. This year the student ensures that he does.

Front

Principle 3:

Defined Roles and Responsibilities

Back

Everyone knows their role and duties. Dissertation example:

Student (delivery of project)

Supervisor (direction & guidance)

Second Marker (assessment)

Ethics Panel (approval).

Front

Principle 4:

Manage by Stages

Back

Plan/authorise work stage by stage. Dissertation example:

Stage 1: Proposal & ethics → Stage 2: Data collection → Stage 3: Analysis & write-up; each stage has approval to proceed.

Front

Principle 5:

Manage by Exception

Back

Use tolerances; escalate only if breached. Dissertation example: If data collection slips beyond 1 week tolerance, student raises it with the supervisor for a decision.

Front

Principle 6:

Focus on Products

Back

Define outputs & quality before activities. Dissertation example: Write Product Descriptions for “Approved Ethics Form,” “Cleaned Dataset,” and “Final Dissertation” with acceptance criteria (rubric).

Front

Principle 7:

Tailor to Suit the Project

Back

Scale controls to context. example: Charity Fun-Run (2 weeks, 4 volunteers).

-Merge Starting Up the Project + Initiating the Project into a 30-min kickoff; run as one stage.

• - One person is PM + Team Manager;

Front

Practice 1:

Business Case

Back

Rationale, benefits, and feasibility of a project. Example: Why is it necessary to upgrade our company's website & MIS system?

Front

Practice 2:

Organising (Organisation/Organizing)

Back

Governance, roles etc.

Dissertation example: Define who signs what (ethics sign-off), supervision frequency, feedback turnaround, and escalation route.

Front

Practice 3:

Quality

Back

“Fit for purpose” criteria and checks. Dissertation example: Map marking rubric to chapters; set acceptance criteria for “Methodology” (e.g., validity, reliability, ethics compliance).