Remove Budget Remove Planning Remove Prince2 Remove Risk
article thumbnail

How to manage project tolerances (with PRINCE2® 7 guide)

Rebel’s Guide to PM

However, the project sponsor is the person responsible for decisions that affect the project budget and the schedule, where making a change would deviate from the agreed plan. You can change the dates or the budget as long as you don’t go outside the zone. They define your zone of responsibility.

Prince2 323
article thumbnail

How To Manage Fixed Date Projects in PRINCE2®

Rebel’s Guide to PM

Planning is an essential part of what project managers do, so you would expect there to be some mention of how to deal with fixed date projects in the PRINCE2® manuals. PRINCE2® Practitioner, Online Course and Exam. A comprehensive and accredited PRINCE2® Practitioner online course, including exam voucher and simulator access.

Prince2 392
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Manage Project Tolerances (with PRINCE2 Guide)

Rebel’s Guide to PM

However, the project sponsor is the person responsible for decisions that affect the project budget and the schedule, where making a change would deviate from the agreed plan. You can change the dates or the budget as long as you don’t go outside the zone. The 6 Tolerances in PRINCE2. Time/Schedule Tolerance.

Prince2 333
article thumbnail

Best 12 Project Management Certifications (2022)

ProjectManager.com

These organizations offer a variety of certifications that focus on different project management methodologies such as agile or scrum, or specific project management knowledge areas such as project scheduling, resource management or risk management. PRINCE2 Certification. PRINCE2 is an acronym for Projects in Controlled Environments.

article thumbnail

How to Create a Project Initiation Document (Template Included)

ProjectManager.com

Before you can start a project — even before you can plan it — you first need to define the project in detail. This allows the project manager to get buy-in from the project’s key stakeholders and ensure all the research has been done to move into the planning phase without any hiccups. Get started with ProjectManager today for free.

article thumbnail

Gate Reviews: What Project Managers Need To Know

Rebel’s Guide to PM

Gate reviews, or stage reviews are part of the PRINCE2® process, and also part of the Infrastructure and Projects Authority’s Project Roadmap in the Governance module. The gate process also has other benefits for everyone involved: Shorter planning horizon. Risk management. It’s hard to predict the future.

Prince2 389
article thumbnail

9 Steps to Managing Risk for Your Projects

LiquidPlanner

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.