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An Introduction To PRINCE

[document] Submitted on 14 December, 2009 - 11:47
Keywords PRINCE2 project management
Metadata
Document identifier
Ref. No. : G38a
Version
3.0
Date published
1999-03
Language of Attachment(s)
English
Document type
manager's guide
Pages
11
Replaced/Superseded by document(s)
Cancelled by
Amended by
File MIME type Size (KB) Language Download
PrinceIntroduction.pdf application/pdf   107.41 KB English DOWNLOAD!
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Introduction

1.1 CHARACTERISTICS OF A PROJECT

In general, a project is considered to be one having the following characteristics :-

(a) it has to produce a set of products to meet the business needs;
(b) it requires a corresponding set of activities to construct the required products;
(c) it needs certain amount of resources to carry out the activities;
(d) it has a finite life-span;
(e) it runs under an organisation structure with properly defined responsibilities;
(f) it is a temporary structure, created to achieve a specified business benefit or
objective. When the work has been completed, the project is closed.

1.2 ITEMS TO BE MANAGED

Items needed to be managed in a project, in general, include :-

(a) Function;
(b) Time;
(c) Resource;
(d) Quality; and
(e) Risk.

These five items are usually inter-related and mutually affecting each other. For
example, adding a new function to a project may cause it to take more time and
resource to complete. It may also introduce additional risk, and affect the overall
quality.

These factors have to be suitably balanced and optimised under a properly
management project environment.

Defines standard
Referenced standards and/or methodologies
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