Exam Essentials

Define the six aspects of project performance that need to be managed. Know that the six objectives of a project can be written in terms of cost, timescales, risk, benefits, quality, and scope.

Define what a project is, how it is different from business as usual, and the characteristics of a project. Be able to define a project as a temporary organization created for the purpose of delivering one or more business products according to an agreed Business Case. Be able to name the five characteristics of a project: change, temporary, cross-functional, unique, and uncertainty. These characteristics distinguish project work from business as usual.

Define the four integrated elements of PRINCE2. Know that the four integrated elements of PRINCE2 are the principles, the processes, the themes, and tailoring to the project environment.