Are you working with new technologies on a strict timeline reporting to a nervous Project Board? If so, you need to put extra effort into controlling you environment. Here are your and the Project Board’s options:
- Number of stages. Many stages = more control but also more management overhead.
- Tolerance level. If your project and stage tolerances are narrow, you need to keep the leash short on the workpackages. The control is high, but again, the management overhead increases if it leads to exception report after exception report.
- Frequency of Reporting. The more frequent reporting, the better control.
- Number of Product and workpackages. Fine granularity of products and workpackages gives you better control, but it is obviously more work.
How long is a PRINCE2 Stage?
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