The PRINCE2 Principles

An independent, in-depth study of the seven PRINCE2 principles: why principles are universal, self-validating and empowering, continued business justification with forward-looking appraisal and benefits tolerance, learning from experience, roles, responsibilities and relationships, management stages, tolerances on the seven performance targets, product-based planning, tailoring versus PRINCE2 in name only, the principles working together and in agile, small, public-sector, program and commercial contexts, comparisons with the PMBOK Guide and agile, and a capstone principles health check.

PRIN-110 12 lessons · 5 h 28 min

Offered by HSM University · PRINCE2 Prep

This is the Canadian version of this course. See the American version.

What you'll learn

  • Explain what makes a PRINCE2 principle universal, self-validating and empowering, and why all seven must be applied
  • Apply continued business justification using forward-looking appraisal, benefits tolerance and the sunk cost test
  • Seek, record, prioritize and act on lessons, and pass them on through lessons reports
  • Design a project management team that represents business, user and supplier interests with clear accountability
  • Choose management stages and boundaries based on planning horizon, risk and key commitments
  • Set tolerances on the seven performance targets and recognize forecast breaches that require escalation
  • Plan from products using product descriptions with measurable quality and acceptance criteria
  • Tailor PRINCE2 to a project's context, record tailoring decisions and distinguish legitimate tailoring from PRINCE2 in name only
  • Trace how the seven principles interact on a project, especially when handling an exception
  • Apply the principles in agile, small, public-sector, program and commercial contexts in Canada and the US
  • Compare the PRINCE2 principles with the PMBOK Guide, the Agile Manifesto, Scrum and ISO 21502
  • Carry out and report a principles health check of a troubled project with prioritized recommendations

Course content

12 lessons · 5 h 28 min total · final exam

  1. 1 What principles are and why PRINCE2 has them 27 min · quiz
  2. 2 Ensure continued business justification 26 min · quiz
  3. 3 Learn from experience 27 min · quiz
  4. 4 Define roles, responsibilities and relationships 27 min · quiz
  5. 5 Manage by stages 29 min · quiz
  6. 6 Manage by exception 28 min · quiz
  7. 7 Focus on products 29 min · quiz
  8. 8 Tailor to suit the project 26 min · quiz
  9. 9 The principles applied together 29 min · quiz
  10. 10 The principles in different contexts 28 min · quiz
  11. 11 The principles compared with other approaches 24 min · quiz
  12. 12 Capstone: a principles health check of a troubled project 28 min · quiz
  13. E Final exam 20 questions

Requirements

Recommended background. You can start any course at any time.

Description

An independent, in-depth study of the seven PRINCE2 principles: why principles are universal, self-validating and empowering, continued business justification with forward-looking appraisal and benefits tolerance, learning from experience, roles, responsibilities and relationships, management stages, tolerances on the seven performance targets, product-based planning, tailoring versus PRINCE2 in name only, the principles working together and in agile, small, public-sector, program and commercial contexts, comparisons with the PMBOK Guide and agile, and a capstone principles health check.