Who Sets Project Tolerances?

The Project Board (and ultimately the Executive) will set stage level tolerances at each end stage assessment. This uses the authorize a stage or exception plan process.

What is project tolerance?

A project tolerance is the permitted (approved) deviation from planned parameters. Usually this will be increase or decrease from planned cost or time. For example 5% above or below the project budget. stakeholdermap.com. Project tolerances may also be defined for deviations from quality, scope, risk and benefits.

What is project tolerances PRINCE2?

Tolerances are how much you can flex within your project without having to go back for approval. A project tolerance provides a boundary for the area of the project in which you can make changes without having to ask your sponsor's approval. They define your zone of responsibility.

Alexander Ross

Alexander Ross

Gaming, Esports & Interactive Media Writer

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.