Central limit theorem and PRINCE2: Difference between pages

Latest revision as of 11:40, 27 May 2021

Project management.

PRojects IN Controlled Environments, version 2, published in 1996.

The key features of PRINCE2 include:

The acronym is sometimes presented as:

PRojects IN a Controlled Environment.

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-It states formally that the average of a large number of independent identically distributed random variables will have a normal distribution.
+''Project management''.
-The central limit theorem is important in sampling theory.  It explains that sample means follow a normal distribution - regardless of the actual distribution of the parent population - and that the sample mean is an unbiased estimate of the parent population mean.
+'''PR'''ojects '''IN''' '''C'''ontrolled '''E'''nvironments, version 2, published in 1996.
-The central limit theorem also explains why larger samples will - on average - produce better estimates of the parent population mean.
-The central limit theorem is sometimes known as the '' law of large numbers''.
+The key features of PRINCE2 include:
+*Emphasis on dividing the project into manageable and controllable stages.
+*Flexibility that can be applied at a level appropriate to the project.
+The acronym is sometimes presented as:
+'''PR'''ojects '''IN''' a '''C'''ontrolled '''E'''nvironment.
 == See also ==
-* [[Sample]]
+* [[Agile]]
-* [[Sampling]]
+* [[FAST Modelling Standard]]
+* [[Project management]]
+* [[Waterfall methodology]]
+* [[Working effectively with others]]
+[[Category:Working_effectively_with_others]]
+[[Category:Planning_and_projects]]