The Step Wise approach Figure A. I shows the stages in the planning process that are suggested by was outlined in Chapter 2. PRINCE 2. The first of these - Design a plan - is essentially deciding what kind while risk was discussed of information is to go into the plan, particularly at what level of detail the plan is in Chapter 7. to be drawn. The remaining steps are very similar to the 'Step-Wise* approach to planning that was outlined in Chapter 2, except that in the 'Step Wise' approach the risk analysis was carried out immediately after the estimation of effort for each activity. This was because in our view risk identification follows on naturally from estimation: you work out how long you think it will take to do an activity and then you consider w hat factors could work to make that estimate incorrect. Also, the identification of risks can lead to new activities' being introduced to avoid the risks occurring and this is conveniently done before the schedule is put together by allocating resources. However, the Step Wise approach is not necessarily at odds w ith PRINCE 2 as PRINCE 2 does emphasize the iterative nature of risk analysis.
Figure A. 1 PRINCE 2 approach to planning.
Like Step Wise, PRINCE 2 is very product-based. In the second planning phase, PL2 in Figure A.I, all the business products, plus the management and quality documents needed to control their delivery, are identified.
This sequence of steps can be used in several places in the PRINCE 2 procedural framework to produce a variety of different types of plan.
Was this article helpful?
What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.