What is this?
The Product Status Account is a configuration management report that provides information about the state of products within defined limits. The limits can vary. For example, the report could cover the entire project, a particular stage, a particular area of the project, or the history of a specific product.
It is particularly useful if the Project Manager wishes to confirm the version number of products.
Why it’s useful?
This is a FREE template as defined by the PRINCE2 Project Management methodology.
Whilst you can find this template in Appendix A of an official PRINCE2 manual, of course you may not have purchased a manual, or you may just prefer to have an electronic version of it.
How to use it?
This is a ‘vanilla’ template that accompanies the PRINCE2 methodology and is used as the basis for PRINCE2 exams.
The specific contents that ca be included in a report will depend upon what information is being held in the ConfiurationItem Records (databas / library)..
Typically the Project Manager will request one (to be produced by Project Support) at stage / project end when creating a report to check the status of products created during that stage / project. However, they may be requested at any time.