Impact in PRINCE2 refers to the effect or influence that a change or decision will have on a project. It is crucial to consider the impact of any proposed actions in order to make informed decisions and ensure that the project stays on track.
In the context of PRINCE2, impact can refer to a wide range of factors, including cost, time, quality, and stakeholder satisfaction. By assessing the impact of different options, project managers can determine the best course of action to achieve the projects objectives.
For example, if a project team is considering making a change to the project plan, they must evaluate the potential impact on the projects timeline, budget, and overall success. By weighing the pros and cons of the proposed change, they can make an informed decision that minimizes negative impact and maximizes positive outcomes.
In PRINCE2, impact is not just about predicting the consequences of a decision, but also about taking proactive steps to mitigate any potential risks. By identifying potential areas of impact early on in the project lifecycle, project managers can develop contingency plans and strategies to address any challenges that may arise.
Ultimately, considering the impact of decisions and changes in a project is essential for effective project management. By carefully assessing the potential consequences of different actions, project managers can make informed decisions that keep the project on track and ensure successful outcomes.
Mastering PRINCE2 Glossary for Project Success .