Advanced PRINCE2® Documentation and Reporting

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Think of your project as a product line.

PRINCE2 is a structured, scalable project-management method focused on business value, clear accountability, and controlled delivery.

1) The Documentation Spine (What actually matters)

Think of your project as a product line. These artifacts form the production line that moves ideas to outcomes.

  1. Business Case (living)
  • Purpose: Prove continued viability.
  • Advanced moves:
    • Benefits profile per stage with confidence bands (P50/P80).
    • Sensitivity table (scope/time/cost/risk vs. NPV).
    • Decision rule: no re-baselined benefits → no next stage.
  1. Project Initiation Documentation (PID)
  • Purpose: Your governance contract.
  • Advanced moves:
    • Tolerances per theme (time/cost/scope/quality/benefits/risk).
    • Tailoring matrix: what you’re not doing and why.
    • Data AI appendix (privacy, lineage, model risk if applicable).
  1. Management Approaches (How you run)
  • Quality Management Approach, Risk Management Approach, Change Control Approach, Communication Management Approach, Benefits Management Approach, Configuration Management Strategy.
  • Advanced moves: link each approach to a single source of truth (one register each), plus automation hooks (e.g., Jira, ServiceNow, SharePoint).
  1. Product Descriptions
  • Purpose: Define “what good looks like.”
  • Advanced moves: measurable acceptance criteria + service acceptance criteria for transition, and sustainability/non-functional constraints.
  1. Plans (Project, Stage, and optionally Team)
  • Advanced moves:
    • Rolling-wave planning with a Critical Chain or Reference Class estimate annotation.
    • Resource-constrained view (not just Gantt).
    • Buffer burn chart embedded in Highlight Reports.

2) Registers: The Truth Databases

Risk Register

  • Probability × Impact × Detectability; top-10 list has owners and funded responses.
  • Add leading indicators (e.g., vendor delivery variance 15% for two sprints).

Issue Register

  • Classify: request, off-spec, problem/concern.
  • Link to Change Log entries and Exception Reports.

Change Log

  • Impacted baselines, decision authority, effective date.
  • Pre-authorised Change Authority thresholds (e.g., ≤ 2% cost drift).

Lessons Log

  • Use “signal → experiment → adoption” format; move adopted items into the PID at stage boundaries.

3) Reporting that Drives Decisions (not theatre)

Executive Pack (monthly or at Stage Boundary)

  • 1 page: RAG summary benefit trajectory vs baseline.
  • 1 page: Stage progress (plan vs actual) + buffer burn.
  • 1 page: Top risks/issues/changes with decisions required.
  • 1 page: Financials (to-date, EAC, variance bands).
  • Annex: RAID detail (for PMO/Audit).

Rule of thumb: 4 pages for decisions, unlimited in annex. If a page doesn’t prompt a decision or re-affirm one, delete it.

Highlight Report (PM → Board, cadence 2–4 weeks)

  • Essentials: since last report, to next report, forecast to complete, tolerances status, key risks/issues/changes, decisions required.
  • Advanced: lead indicators (decision latency, requirements volatility, defect escape rate).

Checkpoint Report (Team → PM, weekly/bi-weekly)

  • Work Package status, completed products, quality results, next tasks, impediments.

End Stage Report / End Project Report

  • Evidence for continue/redirect/close; benefits review plan confirmed with owners.

Exception Report

  • Triggered when tolerances at risk: cause, options, impact, recommendation, decision request.
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