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PRINCE2 Exam Prep 1, What is a Project and Six Aspects of Performance

PRINCE2 Exam Prep 1, What is a Project and Six Aspects of Performance

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This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The three core characteristics of a project according to PRINCE2: temporary, unique, and designed to introduce change. - How to distinguish a project from Business As Usual (BAU) operations in typical exam scenarios. - The six interdependent aspects of project performance that must be managed: Cost, Time, Quality, Scope, Benefits, and Risk. - Common exam traps related to scope creep, benefit realization versus product delivery, and the difference between risks and issues. - The mnemonic "Can The Queen See Big Red?" to easily recall the six performance aspects during the exam. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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