PROJECTS wiki Prince2

PRINCE2 area - Progress

Universal Practical Simple Benefit focused Principles Implement Templates Ready apps for Jira

Project progress management is simple but important competence. Without having these rituals / practices in place usually we struggle with efficient project management & communication. Project managers usually try to solve all project problems themselves but this is not best practice to put everything on their shoulders. This can lead to loss of these employees long-term.

Progress management enable to orchestrate relations between Project managers & Project owner/executive & Top management and improve Top management satisfaction on project management if applied these practices long-term .

Progress management is established by using:
  • Standartized project progress reporting that should be understood as improved communication instead bureaucracy
  • Strengthening exception management🔴 ritual / practice
  • PRINCE2 knowledge areas here will be provided only in executive summary as PRINCE2 standard gives much more details.

    GOAL:

    Establish mechanism to compare plan vs fast, forecast & control unexpected deviations

    MUST MANAGEMENT PRACTICES:

  • Progress control approach 🟢🟡🔴 must be defined in project plan
  • Project stages with gate decisions are must
  • Tolerances🟢🟡🔴 must be set for these KPI - scope, time, cost, quality, risk, benefit
  • Exception management🔴 must be used
  • If exception🔴 arise ( tolerance exceeded) - 1) Business case review is must & 2) Change management must be initiated if needed.
  • Lessons learned must be aggregated, recorded, passed to future projects as well
  • TAILORING PRACTICES:

    Here are just some limited number of management practices.

    All recommended practices you can read in stardard manual yourself or learn it in PRINCE2 trainings.

  • Adjust progress review moments based on complexity, risk level & Project owner/executive expectations
  • Use Progress report & Exception report templates if needed
  • Use Stage end & Project end report templates if needed
  • Use lessons learned
  • Use other progress practices even from other standards if it brings bigger benefit as result for your project
  • All 7 PRINCE2 knowledge areas:

    Recommended solutions for Jira cloud:

    discussion iconPROJECS wiki helps you to understand & implement best project management practices fast & easy & cost-efficient

    discussion iconCreated by : Artūras Bučinskas, PRINCE2 Practitioner