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The Executive Guide to Directing Projects: Within a PRINCE2 and MSP Environment
The Executive Guide to Directing Projects: Within a PRINCE2 and MSP Environment
The Executive Guide to Directing Projects: Within a PRINCE2 and MSP Environment
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The Executive Guide to Directing Projects: Within a PRINCE2 and MSP Environment

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The Executive Guide to Directing Projects: within a PRINCE2 and MSP® Environment' is an accessible summary of the full guidance in a portable format suitable for quick reference or a quick read - a "ten minute guide" for the busy project board member. It introduces the additional considerations that project boards need to take into account if the project is being run within a programme and/or portfolio managed governance structure.

The Executive Guide is aimed at experienced senior managers and project board members who are already familiar with PRINCE2, and therefore do not require frequent reference to the full guidance.

Key features:

Introduction and principles of PRINCE2.

The Project Environment - describing the positioning of projects within the broader context of programmes and portfolios.

Summary of the roles, responsibilities duties and expected behaviours of Project Board members and explanation of key Directing concepts.

Outlines the Product Descriptions and those most relevant to the Project Board.

LanguageEnglish
PublisherTSO
Release dateJan 27, 2010
ISBN9780113312443
The Executive Guide to Directing Projects: Within a PRINCE2 and MSP Environment
Author

AXELOS

A modern, ever-evolving company for a modern, ever-changing world. In the ever-changing world of the 21st century, AXELOS’ commitment to nurturing best practice communities on a worldwide scale remains constant. The goals of AXELOS are many and varied, each one aimed at helping businesses and individuals reach success, and empowering them to truly stand out in a competitive market: •We strive to encourage growth, development and progress •We always look for innovative new solutions to improve best practice approaches and processes across the board •We continually promote and advocate quality training.

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    Book preview

    The Executive Guide to Directing Projects - AXELOS

    The Executive Guide to Directing Projects: within a PRINCE2™ and MSP® Environment

    London: TSO

    Published by TSO (The Stationery Office) and available from:

    Online

    www.tsoshop.co.uk

    Mail, Telephone, Fax & E-mail

    TSO

    PO Box 29, Norwich, NR3 1GN

    Telephone orders/General enquiries: 0870 600 5522

    Fax orders: 0870 600 5533

    E-mail: customer.services@tso.co.uk

    Textphone 0870 240 3701

    TSO@Blackwell and other Accredited Agents

    Customers can also order publications from:

    TSO Ireland

    16 Arthur Street, Belfast BT1 4GD

    Tel 028 9023 8451 Fax 028 9023 5401

    © Crown Copyright 2009

    Published on behalf of the Office of Government Commerce

    This is a Crown copyright value added product, reuse of which requires a Licence from OGC.

    Applications to reuse, reproduce or republish material in this publication should be sent to OGC, The OGC Service Desk, Rosebery Court, St Andrews Business Park, Norwich, Norfolk, NR7 0HS. Tel No: (+44) (0)845 000 4999, E-mail: servicedesk@ogc.gsi.gov.uk, or complete the application form on the OGC website, Licensing section.

    Copyright in the typographical arrangement and design is vested in The Stationery Office Limited. Applications for reproduction should be made in writing to The Stationery Office Limited, St Crispins, Duke Street, Norwich, NR3 1PD.

    The Swirl logo™ is a Trade Mark of the Office of Government Commerce

    The OGC logo® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom

    PRINCE® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries

    PRINCE2™ is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries

    MSP® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries

    P3O® is a Registered Trade Mark of the Office of Government Commerce

    P3M3™ is a Trade Mark of the Office of Government Commerce

    First published 2009

    ISBN 9780113311897

    Printed in the United Kingdom for The Stationery Office

    P002333060 c10 12/09 959

    Contents

    List of figures

    List of tables

    Foreword

    Acknowledgements

    1    Introduction

    1.1The purpose of this guide

    1.2Using the guide

    1.3About projects

    1.4Portfolios and programmes

    1.5What is PRINCE2?

    2    The role of senior management in PRINCE2

    2.1The PRINCE2 organization

    2.2Project Board composition

    3    Project Board duties and behaviours

    3.1Be accountable for the project

    3.2Provide unified direction

    3.3Delegate effectively

    3.4Facilitate cross-functional integration

    3.5Commit resources

    3.6Ensure effective decision making

    3.7Support the Project Manager

    3.8Ensure effective communication

    4    Project Board activities

    4.1Starting up a Project

    4.2Authorize initiation

    4.3Authorize the project

    4.4Authorize a Stage or Exception Plan

    4.5Give ad hoc direction

    4.6Authorize project closure

    4.7Reviewing benefits

    5    Programmes and portfolios

    5.1Overview of programme and portfolio roles

    5.2The programme management (MSP) context

    5.3The portfolio management context

    6    Troubleshooting

    6.1Project performance

    6.2Performance of the overall organization

    Appendix A: Other OGC guidance

    A.1Portfolio, Programme and Project Office (P3O)

    A.2OGC’s Gateway review

    A.3Relevant OGC maturity models

    Appendix B: About PRINCE2

    B.1PRINCE2 principles

    B.2PRINCE2 themes

    B.3The PRINCE2 processes

    B.4Benefits of adopting PRINCE2

    Appendix C: Project Board agendas

    C.1Authorize initiation

    C.2Authorize the project

    C.3Authorize a Stage or Exception Plan

    C.4Authorize project closure

    C.5Re-affirm approval for a Stage Plan

    Appendix D: Product Descriptions

    Project Initiation Documentation

    Glossary

    List of figures

    Figure 1.1The place of the project in the product lifecycle

    Figure 1.2The portfolio, programme and project hierarchy

    Figure 1.3Generic project management with specific specialist application

    Figure 2.1The PRINCE2 project management organization

    Figure 2.2The three stakeholder interests in a project

    Figure 3.1Example of stage tolerances

    Figure 4.1Starting up a Project

    Figure 4.2Authorize initiation

    Figure 4.3Authorize the project

    Figure 4.4Authorize a Stage Plan

    Figure 4.5Authorize an Exception Plan

    Figure 4.6Give ad hoc direction

    Figure 4.7Authorize project closure

    Figure 4.8Reviewing benefits

    Figure 5.1Functions and roles in the OGC best-practice guidance

    Figure 5.2MSP governance and roles

    Figure 5.3Portfolio management cycles

    Figure A.1Example of a P3O structure of support functions

    Figure B.1The PRINCE2 process model

    List of tables

    Table 5.1Mapping MSP and PRINCE2 themes for integration

    Table 5.2PfM portfolio delivery practices and factors to consider

    Table 6.1Resolving project Business Case problems

    Table 6.2Resolving project organization problems

    Table 6.3Resolving quality problems

    Table 6.4Resolving problems with plans

    Table 6.5Resolving risk management problems

    Table 6.6Resolving change problems

    Table 6.7Resolving problems with progress

    Table 6.8Resolving problems with the organization’s overall performance

    Table A.1Gateways in the programme/project lifecycle

    Table B.1The PRINCE2 themes

    Table B.2The PRINCE2 processes

    Foreword

    PRINCE2™ is established internationally as the standard method for project management in more than 20,000 organizations worldwide. The practitioner base continues to grow and is instrumental in the process of continual improvement that has kept the method at the forefront of project management for in excess of 20 years.

    Time after time, the role of senior management has been shown to be critical in the success, or failure, of projects. The latest version of PRINCE2, published by TSO in 2009 (Managing Successful Projects with PRINCE2), acknowledged this by publishing a separate guide for managers in senior positions in a project governance structure (Directing Successful Projects with PRINCE2). This guide describes what is required of Project Board members, and in particular the Project Executive, in being accountable for the project and demonstrating visible ownership. It shows how they can optimize their interventions in the project management process to improve the probability of successful project delivery.

    But there is a bigger picture. Individual projects deliver elements of an organization’s overall business change strategy and have to coordinate with other delivery projects in a programme or compete for funds and resources in the organization’s overall portfolio of change. This briefing provides senior managers with the key information they need for the successful delivery of their programmes or projects and should help them to ensure that their programmes or projects contribute towards the organization’s business strategy.

    Jonathan Shebioba

    Director of Best Management Practice

    Office of Government Commerce

    Acknowledgements

    The Office of Government Commerce (OGC) acknowledges with thanks the contributions of Bob Patterson, the lead author of the guide, and Jane Chittenden as editor. In addition, OGC would like to recognize the contribution of Andy Murray, the lead author for the PRINCE2 2009 Refresh, and the following individuals who acted as reviewers:

    1Introduction

    1.1THE PURPOSE OF THIS GUIDE

    The effectiveness with which organizations are capable of commissioning and directing projects is fundamental to their ability to adapt in constantly changing circumstances and to undertake large-scale innovation.

    Projects in Controlled Environments (PRINCE2), established as one of the most widely used project management methods, is part of a wider framework of OGC best practice that addresses how inter-related projects are best coordinated and controlled in programmes, and how an organization should actively plan and manage its overall portfolio of change initiatives.

    This guide is intended for senior executives involved in directing projects. Its purpose is to provide:

    Practical advice on directing projects using PRINCE2

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