What Are the Seven Principles That Must Be Followed in Order

question 48

Short Answer

What are the seven principles that must be followed in order to be considered a PRINCE2 project?

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Definitions:

Leveraged Buyouts (LBOs)

A financial transaction in which a company is acquired using a significant amount of borrowed money to meet the cost of acquisition, often using the assets of the company being acquired as collateral.

Efficient Management

The practice of managing resources in a way that achieves maximum productivity and effectiveness with minimal waste.

All-equity Financed

Refers to a business or project that is funded exclusively through equity capital, with no debt or financial leverage involved.

Net Benefit

A measure of the total positive outcomes minus the total negative outcomes resulting from a decision or action.