PRINCE2 Project Management Stages

How Many Management Stages Should a PRINCE2 Project Consist Of?

Question

How many management stages should a PRINCE2 project consist of?

Answers

Explanations

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A. B. C. D.

C.

PRINCE2 (PRojects IN Controlled Environments) is a project management methodology that provides a structured approach to project management. One of the core principles of PRINCE2 is dividing the project into manageable stages. These stages are used to plan and control the project, and to ensure that progress is monitored and the project remains aligned with the overall objectives.

According to PRINCE2 methodology, a project should consist of at least two management stages: the initiation stage and at least one other management stage to cover the remainder of the project.

The initiation stage is the first stage of the project and is used to establish the project's objectives, business case, and scope. During this stage, the project manager will also define the roles and responsibilities of the project team, as well as the project governance structure. At the end of this stage, a decision is made whether to proceed with the project, based on the information gathered during the initiation stage.

After the initiation stage, the project moves into one or more management stages, depending on the complexity and size of the project. Each management stage has a defined objective, and the work is planned, executed, and monitored to achieve that objective. The management stages are used to ensure that the project remains aligned with the overall project objectives and that progress is monitored.

Finally, at the end of the last management stage, the project will move into the closing stage. This is used to review the project's success and to ensure that all project deliverables have been completed to an acceptable standard. It is also used to transfer any ongoing activities to the business as usual operations and to capture any lessons learned.

Therefore, the correct answer to the question is option C: Initiation stage and at least one other management stage to cover the remainder of the project. Options A, B, and D are incorrect as they do not follow the PRINCE2 methodology, which requires at least two management stages (the initiation stage and at least one other management stage).