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project mandate d

PRINCE2ProjectTimeline/Example
1:Authorize Initiation 2:Authorize theProject

Onceduringproject Onceperstage Many M times ti during d i stage t OnceperWorkPackage

AuthorizeNextStage

Authorize ProjectClose

DP
SU IP

ProjectBoarddecisions

SU

IP
Reports&Advise d Reports&Advise d Reports&Advise CS : Optional

7Processe es

CS SB/CP MP
e.g.time
1week 60hrs

CS : Stage
SB
WorkPackages

CS : Stage
SB
WorkPackages
8weeks

CS : Stage
SB
ClosingaProject

CP

WorkPackages
8weeks 1week

4weeks 850hrs

8weeks

Prep project j
(feasibility)

Initiation
(Planning) 1stStage

deliveryStages (Execution)

Closing

BasedonOGCPRINCE2material.ReproducedunderlicensefromOGC

Ver 1.3

LatestVersion

ByFrankTurley,www.MgmtPlaza.com

Theobjectiveofthisdiagramistoshow: howatypicalprojectworks(withatimelineexample) therelationshipbetweenStartup,Initiation,StagesandClosing therelationshipbetweentheSBandCSprocesses j Boardspend p onaproject p j theamountoftimetheProject wheretheProjectBoardmakedecisions