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PPMP20010 Project Audit and Termination Report

Published : 03-Sep,2021  |  Views : 10


Describe the Process for review and approval for changes to budget, scope, quality, and schedulewhich are beyond the authority of the project management coherent and supportive relationship demonstrated between the overall business strategy and the project portfolio.
  • Process to identify, escalate, and resolve issues that arise during the project;
  • Project decision-making processes.


Every category reported by PRINCE2 is discussed here. The initial one is the method and a standard approach. The second one is the generic process. This is used for every kind of projects. Then there are the justifications regarding the scenario of business and on the basis of product and process. Then there is the section that has been the viewpoint and smooth. This is adaptable and could be tailored. The following one is the usage in about various nations worldwide (Rose 2013). The last one id the plan regarding the distinguishing of the stage, team and the project plans.

Besides this, this has not been recognizing the in-depth techniques rather than the techniques of the quality review. It has been also including the product based planning. Next, there have been the particular aspects. They have been pointing to the general project and never the economic or the financial projections (Kerzner 2013). Additionally, this has not denoted the procurement along with the employee acquisition, project human resource management and team development. Finally, the soft skills are included in the PRINCE2 like the leadership capabilities.

The responsibility for this project lies with various aspects that are discussed hereafter.

The role of SRO:

This has been dealing with the viability of the vision and the case of the business. SRO’s have been responsible to retrieve money from the sponsors. Moreover, they have to lead the program to achieve the successful outcome.

The role of the program manager:

The project manager has been responsible for managing the program on daily basis across the project’s life-cycle. The program manager defines the various controls of the program. He plans the entire program and the controls the improvements. Additionally, he is also responsible to control the program’s budget (Kerzner 2013).

Role of the business change manager:

The role of him is to define the benefits understanding the strategic outcomes of the project. Moreover, he develops the benefits realization plan.

The role of the program management office:

His role is to set up the standards and various tools for controlling the program. Apart from this, he is responsible regarding the economic planning and tracking.

Roles, Responsibilities and Performance Criteria

The roles, responsibilities and performance criteria for this project consist of numerous tools. The helpful tools during assigning various roles in the project are to derive the simple matrix regarding each and every role (Rakuten Kobo, 2017). Additionally, these techniques are required to be shaped for particular jobs against the techniques that are possessed by the candidate.

In this project, the communication skills could be taken as the example. It could be debated that these skills could be learned and used as practice through motivation. Despite this, any efficient communicator could not show himself as a good communicator (Kerzner 2013). At the other end, the skills of leadership are achieved unlikely through training and studying at the mature stage. Since there lies no lacking of the skills of leadership, the leaders could concentrate and appreciate the stronger attributes and the acquirable skills.

Governance Arrangements 

The arrangements of the governance, for the project, has been consisting of the project controls, portfolios, programs, establishment, a role that defines management, policy roles, functions, procedures, processes and regulations. Essential components have been analysed hereafter.

Aligning to objectives of the organization:

It has been indicating the project that has been undertaken should be able to demonstrate the business case. Hence the contributions could be made to the aims of the organization.

The golden thread of the delegated authority:

This is the direct chain of the accountability. Below the chain, all people must know the authorities.


It has been indicating that to the people whose roles have been delegated should be reported daily on the improvements (Kerzner 2013). Additionally the periodic reporting, the other reports have been needed to make as the individual with various delegated roles. This has been unable to achieve the responsibilities and other hazards rising about all the interests.

Independent assurance:

 It is the counterbalance to the self-reporting and the independent check regarding the structures and the process to review the objects to be faced.

Decision gates:

The formal points have been required to deliver here at special phases of the project’s lifecycle.The Relationship to the Portfolio for this project is clear. This is called as the P3M. This indicates the program, portfolio, and the project management. The project management is largely related to disciples. This is because various software companies go through the activities of the product development. This complicacy identifies the programming, portfolio, product and the project (Kerzner 2013). For instance, the portfolio manager’s role is to meet other managers under the division for the project. This second manager is responsible for the portfolio of the entire division.  These programs are the set of projects or the initiative to deliver the profits of the business.

Authorisation Points

The start-up of the project:

This enables the controlled beginning of the project. This has been occurring once in the lifecycle of the program (Rose 2013). Moreover, it has been delivering the fundamentals of the management of the project along with its oversight.

Directing the project:

This operates across the project along with defining the responsibilities of the project board at the oversight of the project. This has been over and communicating with different other processes.

Initiating of the project:

This happens once in the complete life-cycle of the project. This lays out various viewpoints about the ways the entire project could be controlled.

The planning:

The plans are generated via the identification of the deliverables needed for the project. Apart from this, it has been incorporating the resources and activities required to create them and manage the quality necessities.

Controlling the stage:

It has been delivering the guidance to manage the project regularly (Rose 2013).

Managing the product delivery:

This section of the PRINCE2’s work authorization contains the techniques for the performers of the technical tasks.This one is the mechanism for transferring the outcomes of the project back to the organization (Rakuten Kobo, 2017).The delegation arrangements for this project are to find out whether the work is responsible for the sponsors have been delegating the activities as needed. It has been also incorporating the finances, charter and the primary opportunities and the other elements needed. This is also determining whether any one of that could be done by the manager with the sponsor providing the sign-off (Rose 2013). The one is required to be incorporated at the level of oversight and the decision-making for creating the project to take place.

The manner in which information validity for this project is assured is analysed below.For all the data turned out to be successful the information should be kept updated constantly and assure that they have been utilizing the data they have been sure to be right.The data should be gathered from the verified source for finding whether the data could be trusted or not.  

Timely Information:

This has been vital to ensure that the usefulness of the current stage is known. The sales figure can be used for working out on the current loss or profit.

Fit-for-purpose Information:

The data collected has been required to be helpful for the necessities. For example, as the data is gathered and not utilized this has not been fir for the reason. Since the spreadsheet has been received various amounts with the sales figures on that, the information has been able to fir for the cause for the company (Rakuten Kobo, 2017). The organization must be aware what do to with the data.


The scrutiny arrangements for this project are analysed here. This has been recognizing how to discriminate the life-cycles overstating the business cases. This has done waiting and after the funding gets approved. There are four ways to begin overall. Firstly there has been the completion of the analysis of the benefits both non-functional and functional. The revisiting of the business consistently and adjusting the expenses and the benefits are the second case. Next, there is the assurance to analyse the benefits effectively (Rose 2013). Next, there has been interacting of the benefit realizations to understand the state of the organization.  This helps the cultural changes identified in the business cases as the reality, not a myth.

The improvement arrangements for this project are discussed below.

The PMBOK has been declaring that it is a principle rather than just a mere method. The PRINCE2 and PMBOK have been managing the projects from various viewpoints fitting together in reality. The program has been undergoing by the merger and acquisition. They have been retrieving advantages from both the PMBOK and PRINCE2 (Rose 2013). The constant phases across the latest assimilated project are the most effective application of the combination.

 Stakeholder Engagement

The stakeholder engagement arrangements for this project are analysed through numerous levels. The level of engagement with every stakeholder is analysed through the analytical techniques. This has been not the one-time activity. The matrix is needed to be maintained at all the engagement levels with every stakeholder. This has been at any instance of the engagement as compared with an engagement at the planned level (Rose 2013). This has been helping to balance the time spent with the stakeholders as any variance is found. The various levels are identified below.


This has been the attempt to recognize the stakeholders who have not been aware regarding the program


These types of stakeholders have been aware of the project and its influences. However, this has been resistant to change.


They have been aware. However, they have not been supportive and resistant. They have been supportive and aware of all the changes taking place.They have been aware of the project (Rakuten Kobo, 2017). Moreover, the impacts are also known to them. They are engaged in ensuring the successful outcome of the project.


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