Ensure your project
adheres to best
practice standards

Our comprehensive checklist created from an Axelos (Cabinet Office) licensed publication and combined with best practice material includes over 500 PRINCE2 measures.

What are the PRINCE2 standards?

  • PRINCE2 is the world’s most widely-adopted project management method, used by people and organizations from wide-ranging industries and sectors.
  • It is a flexible method that guides project managers through the essentials for managing successful projects, regardless of type or scale.
  • Built upon seven principles, themes and processes, the methodology can also be tailored to meet company specific requirements.

Why does this present a problem?

  • First of all, ownership can be hard to assign when someone is wary of the consequences, particularly as successful project delivery is not easy.
  • The complexity of the standards makes it hard to be confident in your processes, particularly after responsible managers have attended training courses.
  • Dispersed assurance data is tricky to collect, if you’re relying on spreadsheets they can be overwritten and have limited scope for audit.
  • Retaining evidence can also be a problem, some firms don’t trust their internal systems and documents are being kept on multiple servers.
  • All this activity comes at a cost and if there is a security breach you may not have long to respond and several teams might be deployed to find the right answer.
  • This is all because project failure comes with potentially catastrophic public relations and financial loss for the worst incidents.

How can Solvassure help?

  • Solvassure’s cloud based technology helps firms adhere to PRINCE2 project standards, reducing the cost of assurance activities and lending traceability to project managers. It achieves this by sending out pre-defined checks to nominated stakeholders from a rules library which is licensed by Axelos (Cabinet Office), reporting exceptions in real time.
Platform features

Process checklist

Manage your project assurance procedures effectively using systematic controls licensed from Axelos (Cabinet Office).

  • Starting up a Project
  • Initiating a Project
  • Controlling a stage
  • Managing product delivery
  • Managing stage boundaries
  • Closing a project

Project themes

Manage your project themes effectively using systematic controls licensed from Axelos (Cabinet Office).

  • Business case
  • Organisation
  • Quality
  • Plans
  • Risk
  • Change
  • Progress

Managed service

We can also provide a managed service to set up and administer your PRINCE2 assurance obligations using our technology, whilst you can’t outsource the responsibility you can outsource the process.

  • Free up your team to concentrate on business as usual activities
  • Ensure that all processes are set up and run with minimum effort
  • Improve the quality and effectiveness of your policies and controls
  • Easily scale up (and down) trained resource to meet demand
  • Enrich your compliance productivity, quality and performance metrics
  • Convert fixed costs into variable costs and release working capital
  • Add new regulations into the same service to increase savings further

Secure hosting

Our software as a service solution provides a single source of information twenty four seven and lowers compliance expenditure with cost effective pricing.

  • Secure cloud based platform
  • Data centre conforms to ISO27001
  • Smartphone app with location marking
  • Business hours helpdesk.

Key principles

Continued business justification: there must also be a justifiable reason to be running and managing the project. If not, the project should be closed.

Learn from experience: PRINCE2 project teams should continually seek and draw on lessons learned from previous work.

Defined roles and responsibilities: the PRINCE2 project team should have a clear organizational structure and involve the right people in the right tasks.

Manage by stages: PRINCE2 projects should be planned, monitored and controlled on a stage-by-stage basis.

Manage by exception: people working within the project should be given the right amount of authority to effectively work within the environment.

Focus on products: PRINCE2 projects focus on the product definition, delivery and quality requirements.

Tailor to suit the project environment: PRINCE2 must be tailored to suit the project’s environment, size, complexity, importance, capability and risk.

SMCR Compliance Monitoring

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Where is our material licensed from?

AXELOS is a joint venture company, created in 2013 by the Cabinet Office on behalf of Her Majesty’s Government (HMG) in the United Kingdom and Capita plc, to manage, develop and grow the Global Best Practice portfolio. The company is responsible for developing, enhancing and promoting a number of best practice frameworks and methodologies used globally by professionals working primarily in IT service management, project, programme and portfolio management and cyber resilience.

Assurance Technology.