Product-based planning is often applied in tandem with an activity-centred planning approach (see step 3 above, ‘Planning activities and dependencies’) in order to ensure a balanced final Plan. Appoint the executive and project manager The executive represents the interests of the organization (i.e. PRINCE2Â® and PRINCE2 AgileÂ® are registered trade marks of AXELOS Limited, used under permission of AXELOS Limited. In making this decision, the project board will want to look back and ensure the current stage has proceeded satisfactorily, look up, and ensure that the Project Plan and Business Case remain viable, and look forward, by approving the next stage plan. This report is produced by the team manager, who is a technical manager tasked … Business Case A PRINCE2 plan provides an overview of how and when objectives are to be achieved during a certain time in a project. A PRINCE2 plan provides an overview of how and when objectives are to be achieved during a certain time in a project. Just like when creating the Project Plan, here too the Project Manager will involve other people like the Team Managers and subject matter experts to create a robust Stage Plan. As the end of a management stage is approaching, this process kicks in. How it will be achieved and by whom? PRINCE2® Theme: Plans. Why it may be important to pass your PRINCE2 Practitioner Exam first time and what is the pain of failure? The Plans Theme is to provide a framework to design, develop and maintain the Project Plans (including the Project Plan, Stage Plan, Team Plan and Exception Plan). The project manager will update the PRINCE2 Stage Plan with actual progress, and modifying future actions to ensure that the stage plan is forecast to complete within tolerance. The Project Manager should have a trusting relationship with the Team Managers, The Project Manager should not bother to ask the Team Managers for lists of detailed activities on how they will deliver products, Keep in mind that the most important thing is that products are delivered and meeting the expected quality requirements, Use a physical or online information radiator to communicate progress. Check that any deviations and current forecasts for the project are satisfactory, and if needed review the, Some projects will hand over products to the customer or users during the project rather than just at the end of the project. Of course, the project board may choose to prematurely close the project. Managing a stage boundary 7. “Plan” can be a Project Plan, a Stage Plan, or a Team Plan. Each release is a set of iterations, when their output is supposed to be put into operation. PTCoE N.V, Barbarastraat 13, 3120 Tremelo, Belgium. Managing product delivery 6. Project Board PRINCE2 is a process-based approach for project management. The Stage Plan is likely to be formal, in a less or more traditional way. Every PRINCE2 plan, whether it is at project, stage, or team level, should include a number of pieces of information such as a schedule, planning assumptions, lessons learned from previous projects, and product descriptions for the products that are within the scope of the plan. Creation of the product breakdown structure 3. Defining the activities to create the products may be OK for predictive projects where it easy to define the majority of the activities up front but this is not the case in al projects. Manage by Exception: A PRINCE2 project has defined tolerances (6 aspects above) for each project objective, to establish limits of delegated authority. A plan will show the products (scope) that will be delivered, perhaps the activities and resources required. Initiation Stage Plan Outline Business Case Initiation Stage Plan Project mandate This plan - Is the first plan to be created in a PRINCE2 project - is used by the Project Manager to execute the Initiation Stage. The plan supports the management controls defined in the project controls section of the Project Initiation Documentation. A PRINCE2 project has as a minimum, just two management stages; the initiation stage (where the project initiation documentation containing in the project plan will be created), and a second and final delivery stage. Team Plans. They may reject some of the documentation including the stage plan or exception plan and ask the project manager to make alterations or corrections, and come back to them for an approval. The important principle here is that the next stage is not started until the project board have authorised it. Written by Frank Turley (his LinkedIn profile). It is essentially a plan for the planning of the project. This Theme helps to answer the following questions: 1. PRINCE2 divides the project into management stages and we have a high-level plan for the whole project this is what's called the project plan. Initiating a project 4. And this is how PRINCE2 address is what's called the planning horizon issue how far ahead to plan in detail. PRINCE2 wiki is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International. PRINCE2 wiki is open-source and published for free under a Creative Commons license. Closing a project Both of these are appointed by the project’s parent organization. Once the PID is signed off, then all remaining stages (there may only be one), need to be authorized, and the project board will have delegated day-to-day control to the project manager for each remaining stage, one at a time. PRINCE2 has activities for starting up, planning, running, controlling, and closing a project. After the initiation stage, as soon as the project board has approved the project, and the next stage plan (or exception plan), the project manager can proceed with the next stage by issuing instructions about work to teams. 3. management stages. Your First PRINCE2 Plan – Initiation Stage Plan PRINCE2 recommends three level of plans: 1. The project board use this activity for one of two situations, either to approve the next Stage Plan as the current stage reaches completion, or to approve an Exception Plan if at some point during the current stage, the project manager had forecast that tolerance will be exceeded. https://www.prince2primer.com/prince2-next-stage-plan-and-exception-plan In fact, defining the activities in detail upfront can give a false sense of security that all will be perfect :-). W… PRINCE2 says that a plan should cover not just the activities to create products but can also the activities to manage product creation - including activities for assurance, quality management, risk management, configuration management, communication and any other project controls required.