INB221 Lecture Notes - Risk Management, Quality Management, Prince2
Document Summary
Enables project board to be accountable for success. If project board cannot agree, referred to project executive. Authorise the project- project board decides where to continue with project. Authorise a stage or exception plan- the board sets stage tolerance to enable management by exception. Giving ad hoc direction - specific direction at key points. Authorise project closure- project managers recommends that the project board closes project. Create an executive summary of the project (cost, benefits, why needed) Create risk management strategy- describes procedure, roles and responsibilities, guidelines for managing risks, and standards for risk impact. Prepare configuration management strategy-maintaining up to date records for all products created in project. Includes-configuration item record, copyholders- for sensitive information, owner, variant, state of product, stage. Prepare the quality management strategy-describes acceptance criteria as to be agreed upon. Prepare communication management strategy- defining content and frequency of communication between project management team and external stakeholders.