Prince 2® Foundation 7th Edition

Course Code: P2F

PRINCE2® was first launched in 1996 and has had six editions, with the last update in 2017. PRINCE2® 7th Edition seeks to respond to a number of changes that have taken place in our world and in the discipline of project management since then. The digital revolution, the speed of change, the rise of Agile ways of working, and the increased volatility and uncertainty of all aspects of life mean that project management must evolve to meet these demands. When updating guidance, there can be a tendency to simply add new material to the existing content, resulting in more rather than better guidance. Instead, the decision was taken to go back to basics and challenge every aspect of PRINCE2® to ensure that its inclusion was required and contributed to the guidance being fit for purpose now and for some years to come.

Categories: ,

After completing this course, you will be able to:

  • Understand key concepts relating to projects and PRINCE2®.
  • Understand how the PRINCE2® principles underpin the PRINCE2® method.
  • Understand the importance of people in successful projects.
  • Understand the PRINCE2® practices and how they are applied throughout the project.
  • Understand the PRINCE2® processes and how they are carried out throughout the project.

None.

  • Intended for project managers and aspiring project managers
  • Relevant to other key staff involved on the design, development, and delivery of projects; project board members, team managers, project assurance, project support, and operational line managers/staff

 

1.1: Recall key concepts related to project management.
• The definition of the integrated elements of PRINCE2®: principles, people, practices, processes and the project context.
• The definition of a project and project management.
• The aspects of project performance to be managed.
• The definition of delivery approaches: linear-sequential iterative-incremental, hybrid.

1.2: Describe key concepts related to project management.
• The common reasons why project management is used.
• The common challenges that PRINCE2® is designed to address.
• The characteristics of a project.
• Projects in context/project environment.
• The features and benefits of PRINCE2®.
2.1: Explain the PRINCE2® principles.
• Ensure continued business justification.
• Learn from experience.
• Define roles, responsibilities and relationships.
• Manage by exception.
• Manage by stages.
• Focus on products.
• Tailor to suit the project.

2.2: Explain how and why the principles provide the basis of applying PRINCE2®, and which factors influence the way the PRINCE2® method can be tailored and applied, who is responsible, and how tailoring decisions are documented.
3.1: Define key concepts related to the people element:
• Organisational ecosystem.
• Project ecosystem.
• Change management.
• Stakeholder.
• Culture.
• Collaboration and co-creation.
• Leadership.

3.2: Explain the difference between concepts related to the people element:
• People within the project and people affected by the project.
• Leadership and management.

3.3: Explain key concepts related to the people element:
• Change management and why it is important.
• Stakeholder engagement.
• Communication.
• Effective teams, including diversity, capability and competence.

3.4: Explain the purpose of the management products required to support the people element of projects:
• PID: change management approach.
• PID: communication management approach.

3.5: Explain how people aspects integrate with other PRINCE2® elements.
4.1: Explain the purpose of PRINCE2® management products, including:
• PID.
• Project log.

4.1.1: Explain the purpose of the ‘business case’ practice.

4.1.2 Describe the key relationships between the ‘business case’ practice and the principles.

4.1.3 Explain the purpose of the key management products required to support the ‘business case’ practice:
• Project brief
• Business case
• PID: Benefits management approach
• PID: Sustainability management approach

4.1.4: Define key concepts related to the ‘business case’ practice:
• Output
• Outcome
• Benefit
• Dis-benefit
• Business objective

4.1.5: Describe the guidance for effective management of the business case, including:
• Business case lifecycle.
• Aligning products to business objectives and tolerances.
• Establishing business justification.

4.1.6: Describe the PRINCE2® technique for the ‘business case’ practice.

4.2.1: Explain the purpose of the ‘organising’ practice.

4.2.2 Describe the key relationships between the ‘organising’ practice and the principles.

4.2.3 Explain the purpose of the key management products required to support the ‘organisation’ practice:
• PID: Project management team structure
• PID: Role descriptions
• PID: Commercial management approach

4.2.4: Define key concepts related to the ‘organising’ practice:
• Project board
• Project team

4.2.5: Describe the guidance for effective organising of:
• The three project interests
• PRINCE2® roles
• Work breakdown structure

4.2.6 Describe the PRINCE2® technique for the ‘organising’ practice.

4.3.1: Explain the purpose of the ‘plans’ practice.

4.3.2 Describe the key relationships between the ‘plans’ practice and the principles.

4.3.3 Explain the purpose of the key management products required to support the ‘plans’ practice:
• Work package description
• Project product description
• Plan (including project, stage, team & exception plan)

4.3.4: Define key concepts related to the ‘plans’ practice:
• Schedule
• Dependency
• Project plan
• Stage plan
• Team plan
• Exception plan
• Scope

4.3.5: Describe the guidance for effective management of plans:
• The planning horizon
• Project stages
• Product-based planning
• Using tolerances to manage constraints
• Delivery sustainability

4.3.6: Describe the PRINCE2® technique for the ‘plans’ practice.

4.4.1 Explain the purpose of the ‘quality’ practice.

4.4.2 Describe the key relationships between the ‘quality’ practice and the principles.

4.4.3 Explain the purpose of the key management products required to support the ‘quality’ practice:
• Product description
• PID: Quality management approach
• Project log: quality register
• Project log: product register

4.4.4: Define key concepts related to the ‘quality’ practice:
• User quality expectations
• Acceptance criteria
• Quality specifications
• Requirements

4.4.5: Describe the guidance for effective management of quality:
• Quality planning
• Quality control
• Quality assurance

4.4.6: Describe the PRINCE2® technique for the ‘quality’ practice.

4.5.1 Explain the purpose of the ‘risk’ practice.

4.5.2 Describe the key relationships between the ‘risk’ practice and the principles.

4.5.3 Explain the purpose of the key management products required to support the ‘risk’ practice:
• PID: Risk management approach
• Project log: Risk register

4.5.4: Define key concepts related to the ‘risk’ practice:
• A risk: threat or opportunity based on uncertainty
• Risk appetite
• Risk tolerance
• Risk cause, event and effect
• Risk exposure
• Risk owner and risk action owner
• Risk probability
• Risk impact

4.5.5: Describe the guidance for effective management of risk:
• Risk planning
• Risk analysis
• Risk control
• Risk culture
• Understand decision bias
• Recommended risk response types
• Use of data

4.5.6: Describe the PRINCE2® technique for the ‘risk’ practice.

4.6.1 Explain the purpose of the ‘issues’ practice.

4.6.2 Describe the key relationships between the ‘issues’ practice and the principles.

4.6.3 Explain the purpose of the key management products required to support the ‘issues’ practice:
• PID: Issue management approach
• Project log: Issue register
• Issue report

4.6.4: Define key concepts related to the ‘issues’ practice:
• Issue (including types of issue: change, problem/concern, business opportunity, request for change, off-specification)
• Project baseline
• Change control

4.6.5: Describe the guidance for effective management of issues:
• Baselines
• Issue resolution
• Change control
• Delegating authority for changes
• Change budget

4.6.6: Describe the PRINCE2® technique for the ‘issues’ practice.

4.7.1 Explain the purpose of the ‘progress’ practice.

4.7.2 Describe the key relationships between the ‘progress’ practice and the principles.

4.7.3 Explain the purpose of the key management products required to support the ‘progress’ practice:
• Checkpoint report
• Highlight report
• End stage report
• End project report
• Lessons report
• Exception report
• Project log: Daily log
• Project log: Lessons log
• PID: Digital and data management approach

4.7.4: Define key concepts related to the ‘progress’ practice:
• Forecast
• Exception
• Tolerance
• Event-driven and time-driven controls

4.7.5: Describe the guidance for effective management of progress:
• Tolerances for progress control
• Types of control
• Reviewing progress and lessons
• Reporting progress and lessons
• Forecasting
• Escalating
• Use of data and systems in progress management

4.7.6: Describe the PRINCE2® technique for the ‘progress’ practice.
5.1: Explain the purpose of the PRINCE2® processes:
• Starting up a project.
• Directing a project.
• Initiating a project.
• Controlling a stage.
• Managing product delivery.
• Managing a stage boundary.
• Closing a project.

5.2: Explain the objectives of the PRINCE2® processes:
• Starting up a project.
• Directing a project.
• Initiating a project.
• Controlling a stage.
• Managing product delivery.
• Managing a stage boundary.
• Closing a project.

5.3: Explain the context of the PRINCE2® processes:
• Starting up a project.
• Directing a project.
• Initiating a project.
• Controlling a stage.
• Managing product delivery.
• Managing a stage boundary.
• Closing a project.
Exam PRINCE2 Foundation 7th Edition
Length of exam 60 minutes
Number of questions 60 question
Question format Multiple choice questions (single and multiple response)
Passing grade 36/60 or 60%
Testing center Accredited Training Organization (ATO) of PeopleCert