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PRINCE2

PRINCE2
by

Robert Asztalos

on 11 January 2013

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Transcript of PRINCE2

PRojects IN Controlled Environments 2 (PRINCE2) is a structured project management method endorsed by the UK government as the project management standard for public projects. The methodology encompasses the management, control and organization of a project. PRINCE2 is also used to refer to the training and accreditation of authorized practitioners of the methodology who must undertake accredited qualifications to obtain certification. PRINCE2 Accreditation is governed by the passing of two exams – the Foundation and the Practitioner. It is possible for individuals with project management experience to self-study for the exams but a number of training organizations offer courses, many of which also include exam entry in the fee. There is a mandatory accreditation scheme for training providers, run by the APM Group, which provides them with access to the official PRINCE2 examinations.
PRINCE2 Practitioners must retake the Practitioner exam every 5 years to remain accredited. Exams, accreditation and training Project management is a complex discipline and it would be wrong to assume that blind application of PRINCE2 will result in a successful project. By the same token, it would be wrong to assume that every aspect of PRINCE2 will be applicable to every project. For this reason every process has a note on scalability. This provides guidance to the project manager as to how much of the process to apply. The positive aspect of this is that PRINCE2 can be tailored to the needs of a particular project. The negative aspect is that many of the essential elements of PRINCE2 can be omitted sometimes resulting in a PINO project – Prince in Name Only. In order to counter this, APM Group have defined the concept of a PRINCE2 Maturity Model. Scalability PRINCE2 is a structured approach to project management. It provides a method for managing projects within a clearly defined framework. PRINCE2 describes procedures to coordinate people and activities in a project, how to design and supervise the project, and what to do if the project has to be adjusted if it doesn’t develop as planned. In the method each process is specified with its key inputs and outputs and with specific goals and activities to be carried out, which gives an automatic control of any deviations from the plan. Advantages and pitfalls Overview of the method History PRINCE2 is derived from an earlier method called PROMPTII and from PRINCE project management method, which was initially developed in 1989 by the Central Computer and Telecommunications Agency (CCTA) as a UK Government standard for information systems (IT) project management; however, it soon became regularly applied outside the purely IT environment.[1] PRINCE2 was released in 1996 as a generic project management method. PRINCE2 has become increasingly popular and is now the standard for project management in the UK References: www.prince2.com
en.wikipedia.org/wiki/PRINCE2
www.apmg-international.com/
www.prince-officialsite.com/
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