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PRINCE2 2009 - Progress part 13

The PRINCE2 approach

Event-driven and time-driven controls

PRINCE2® provides two types of progress control throughout the life of a project:

Event-driven controls

Take place when a specific event occurs.
This could be, for example, the end of a stage, the completion of the Project Initiation Documentation or the creation of an Exception Report.
It could also include organizational events that might affect the project, such as the end of the financial year.

Time-driven controls

Take place at predefined periodic intervals.
This could be, for example, producing monthly Highlight Reports for the Project Board or weekly Checkpoint Reports showing the progress of a Work Package.

Monitoring and reporting requires a time-based approach, whereas control (decision making) is an event-based activity.
The following sections describe the management products that are used to establish and execute event-driven and time-driven controls.

PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.

This product contains EVERYTHING in the publications:

Managing Successful Projects with PRINCE2 - 2005 edition
Managing successful Projects with PRINCE2 – 2009 edition
Directing Projects with PRINCE2.
plus:
The Complete Project Management package.

And much more besides - at a fantastic price.