This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- The four core steps of PRINCE2's Product-Based Planning technique, starting with the Project Product Description.

- The critical difference between a Product Breakdown Structure (PBS), which lists outputs, and a Work Breakdown Structure (WBS), which lists activities.

- How a Product Flow Diagram is used to sequence product creation and identify dependencies, distinct from a project schedule.

- Why defining products and their specific quality criteria is the foundation for all subsequent planning, including estimating and scheduling.

- How to spot common exam traps that test the "products before activities" philosophy of the PRINCE2 methodology.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep