PRINCIPLES

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GUIDING OBLIGATIONS AND GOOD PRACTICES 7 IN TOTAL
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CONTINUED BUSINESS JUSTIFICATION A P2 PROJECT HAS CBJ. JUSTIFIABLE REASON TO START; JUSTIFICATION REMAINS VALID; JUSTIFICATION IS DOCUMENTED AND APPROVED
2. LEARN FROM EXPERIENCE P2 TEAMS LEARN FROM PREVIOUS EXPERIENCE: WHEN STARTING; DURING; AT CLOSE.
3 DEFINED ROLES AND RESPONSIBILITIES P2 HAS DEFINED R&R, WITHIN STRUCTURE, THAT ENGAGES BUSINESS/USER/SUPPLIER STAKEHOLDER INTERESTS
4 MANAGE BY STAGES PLANNED; MONITORED; CONTROLLED; ST-BY-ST BASIS. PROVIDE CONTROL POINTS WHEN PROJECT IS REVIEWED & CONTINUED VALIDITY IS ASSESSED
5 MANAGE BY EXCEPTION DEFINED TOLERANCES - ESTABLISHES LIMITS OF DELGATED AUTHORITY; GOVERNANCE / DEFINES ACCOUNTABILITY; SET TOLERANCES AGAINST THE 6: COST/TIME; SCOPE/QUALITY; RISK/BENEFIT; IF TOLERANCE EXCEEDED THEN REFERRED UP FOR DECISION.
FOCUS ON PRODUCT P2 FOCUS ON DEFINITION & DELIVERY OF PRODUCT - IN PARTICULAR - QUALITY. OUTPUT-ORIENTED not ACTIVITY-ORIENTED
TAILORED TO SUIT PROJECT ENVIRONMENT SIZE; COMPLEXITY; IMPORTANCE; CAPABILITY; RISK. VALUE OF P2 - UNIVERSAL: REGARDLESS OF PROJECT TYPE, ORG, GEOGRAPHY, CULTURE BUT ALIGNING METHOD TO SPECIFIC BUSINESS PROCESSES V IMPORTANT
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