Prince2 7 Principles -

The principles had worked. Summary Table of the 7 Principles in the Story | Principle | In Story | Key Takeaway | |-----------|----------|----------------| | 1. Continued Business Justification | David updated the Business Case when competitor launched & new tech emerged. | Always ask: Is this still worth doing? | | 2. Learn from Experience | Read Lessons Log from past failed IT project; called Chloe. | Capture and apply lessons from day one. | | 3. Define Roles & Responsibilities | Sarah changed database; David posted RACI chart. | No role ambiguity = no finger-pointing. | | 4. Manage by Stages | Planned in 4 stages; reviewed after each before continuing. | Plan, execute, then re-evaluate at fixed points. | | 5. Manage by Exception | Cost exceeded tolerance; David escalated to Maria for decision. | Senior management sets limits; PM works within them. | | 6. Focus on Products | Used Product Description for Shopping Cart before coding. | Define what you deliver, not just what you do. | | 7. Tailor to Suit | Dropped 26 documents to 1 spreadsheet + stand-ups. | Fit the method to the project, not vice versa. |

Maria chooses option 2. David continues. Maria only hears about problems when tolerances are breached. She is not bothered with daily status updates. She manages the project by exception . prince2 7 principles

However, he keeps the and Product Descriptions formal because those are critical for a high-risk project. The principles had worked

This story demonstrates how the 7 principles are not abstract rules—they are practical, daily tools for delivering successful projects. | Always ask: Is this still worth doing

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