To be following PRINCE2, a project must, as a minimum:
â—Ź define its approach to controlling progress in the PID
● be managed by stages (PRINCE2’s manage by stages principle)
● set tolerances and be managed by exception against these tolerances (PRINCE2’s manage by
exception principle)
● review the business justification when exceptions are raised (PRINCE2’s continued business
justification principle)
● learn lessons (PRINCE2’s learn from experience principle).
A
12.2:
To be following PRINCE2, a project must, as a minimum:
â—Ź define its approach to controlling progress in the PID
● be managed by stages (PRINCE2’s manage by stages principle)
● set tolerances and be managed by exception against these tolerances (PRINCE2’s manage by
exception principle)
● review the business justification when exceptions are raised (PRINCE2’s continued business
justification principle)
● learn lessons (PRINCE2’s learn from experience principle).
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