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 template is free if you have purchased our official PRINCE2 course as defined by the PRINCE2 Project Management methodology.
Whilst you can find this template in Appendix A of the 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.