PRINCE2, A Project Management Methodology - Revision history

Tkokotas at 15:37, 18 December 2018

2018-12-18T15:37:04Z

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	~~[[Category:Project Management\|PRINCE2]]~~		''Developed by Naweed Ghanizada''
	~~[[Category:Product Development\|PRINCE2]]~~

	Project management is a discipline that is indispensable and rapidly expanding as organizations are becoming more globalized. To implement new strategies and products, an organization needs to select project managers, however by selecting a project manager and a team, an organization is not guaranteed successful project outcomes.		Project management is a discipline that is indispensable and rapidly expanding as organizations are becoming more globalized. To implement new strategies and products, an organization needs to select project managers, however by selecting a project manager and a team, an organization is not guaranteed successful project outcomes.

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	* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO		* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO
	This book provide a structured and easy to read guide for how to implement and use PRINCE2 methodology in a organization. The book also covers the advantages and pitfalls of the three elements within PRINCE2.		This book provide a structured and easy to read guide for how to implement and use PRINCE2 methodology in a organization. The book also covers the advantages and pitfalls of the three elements within PRINCE2.


			[[Category:Project Management\|PRINCE2]]
			[[Category:Product Development\|PRINCE2]]

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2015-09-24T13:02:20Z

Conclusion

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	= Conclusion =		= Conclusion =
	The PRINCE2 project management methodology is an easy to follow and structured method suitable for any type of project. The processes and techniques in PRINCE2 help a project team to cope the risks, challenges and opportunities within ~~any~~ project ~~environment~~. This tool is rapidly used in organizations ~~mostly European~~ and it was developed based on experiences of ~~other~~ project managers. PRINCE2 offers ~~many~~ advantages to an organization, ~~one of those advantages are,~~ that it can be tailored to specific project no matter the size or complexity of a project. PRINCE2 is based on three elements, ~~Methods~~, Principles and Themes, these elements are interconnected with each other. As a company without any ~~structured~~ project management ~~methodology~~, it is recommended to ~~implement~~ PRINCE2 because this method provide structure and techniques that can make project management easier and understandable for ~~the~~ project team.		The PRINCE2 project management methodology is an easy to follow and structured method suitable for any type of project. The processes and techniques in PRINCE2 help a project team to cope the risks, challenges and opportunities within all project management environments. This tool is rapidly used in most European organizations and it was developed based on experiences of any project managers. PRINCE2 offers good advantages to an organization, an advantage is that this method can be tailored to specific project no matter the size or complexity of a project. PRINCE2 have also some pitfalls a organization should be aware of. PRINCE2 is based on three elements, Processes, Principles and Themes, these elements are interconnected with each other, these are critical to a successful project management. As a company without any project management structure, it is recommended to use PRINCE2 methodology because this method provide structure and techniques that can make project management easier and understandable for each and every member of a project team.

	= References =		= References =

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2015-09-24T12:49:30Z

Annotated Bibliography

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	* [Book] PRINCE2 Study guide, by Hinde and David, Mar-2012, Publisher wiley		* [Book] PRINCE2 Study guide, by Hinde and David, Mar-2012, Publisher wiley
	This study guide is provides explanations of all ~~parts~~ of the PRINCE2 approach~~, lots of practical examples~~ and ~~a list of examination questions to test~~ the ~~knowledge of PRINCE2 within a organization~~.		This study guide provides explanations of all elements, Themes, processes and principles of the PRINCE2 approach with real world scenarios showing how is method is used in businesses and the public sector.


	* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO		* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO
	This book provide a structured and easy to read guide for how to implement and use PRINCE2 methodology in a organization. The book also covers the advantages and pitfalls of the three elements within PRINCE2.		This book provide a structured and easy to read guide for how to implement and use PRINCE2 methodology in a organization. The book also covers the advantages and pitfalls of the three elements within PRINCE2.

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2015-09-24T11:32:04Z

Annotated Bibliography

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	* [Book] PRINCE2 Study guide, by Hinde and David, Mar-2012, Publisher wiley		* [Book] PRINCE2 Study guide, by Hinde and David, Mar-2012, Publisher wiley
			This study guide is provides explanations of all parts of the PRINCE2 approach, lots of practical examples and a list of examination questions to test the knowledge of PRINCE2 within a organization.


	* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO		* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO
			This book provide a structured and easy to read guide for how to implement and use PRINCE2 methodology in a organization. The book also covers the advantages and pitfalls of the three elements within PRINCE2.

S103745: /* Conclusion */

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Conclusion

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	= Conclusion =		= Conclusion =
			The PRINCE2 project management methodology is an easy to follow and structured method suitable for any type of project. The processes and techniques in PRINCE2 help a project team to cope the risks, challenges and opportunities within any project environment. This tool is rapidly used in organizations mostly European and it was developed based on experiences of other project managers. PRINCE2 offers many advantages to an organization, one of those advantages are, that it can be tailored to specific project no matter the size or complexity of a project. PRINCE2 is based on three elements, Methods, Principles and Themes, these elements are interconnected with each other. As a company without any structured project management methodology, it is recommended to implement PRINCE2 because this method provide structure and techniques that can make project management easier and understandable for the project team.
	PRINCE2 is an easy to follow structured method suitable for any type of project. The processes and techniques in PRINCE2 ~~will~~ help ~~your~~ project team cope ~~with~~ the risks, challenges and opportunities of ~~today's rapidly changing environment~~.

	= References =		= References =

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Conclusion

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	= Conclusion =		= Conclusion =

			PRINCE2 is an easy to follow structured method suitable for any type of project. The processes and techniques in PRINCE2 will help your project team cope with the risks, challenges and opportunities of today's rapidly changing environment.

	= References =		= References =

S103745: /* Annotated Bibliography */

2015-09-24T08:47:11Z

Annotated Bibliography

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	* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO		* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO


	* [Webpage] PRINCE2 in One Thousand Words, 14-sep-2015, http://www.best-management-practice.com/gempdf/PRINCE2_in_One_Thousand_Words.pdf

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Annotated Bibliography

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	=Annotated Bibliography=		=Annotated Bibliography=

	[Book] PRINCE2 Study guide, by Hinde and David, Mar-2012, Publisher wiley,		* [Book] PRINCE2 Study guide, by Hinde and David, Mar-2012, Publisher wiley
	[Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO
	[Webpage] PRINCE2 in One Thousand Words, 14-sep-2015, http://www.best-management-practice.com/gempdf/PRINCE2_in_One_Thousand_Words.pdf
			* [Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO


			* [Webpage] PRINCE2 in One Thousand Words, 14-sep-2015, http://www.best-management-practice.com/gempdf/PRINCE2_in_One_Thousand_Words.pdf

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2015-09-24T08:44:36Z

References

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	= References =		= References =
	<references/>		<references/>

			=Annotated Bibliography=

			[Book] PRINCE2 Study guide, by Hinde and David, Mar-2012, Publisher wiley,
			[Book] Managing Successful Projects with PRINCE2, 2005 Edition, Published by TSO
			[Webpage] PRINCE2 in One Thousand Words, 14-sep-2015, http://www.best-management-practice.com/gempdf/PRINCE2_in_One_Thousand_Words.pdf

S103745: /* Scalability */

2015-09-24T08:38:48Z

Scalability

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	= Scalability =		= Scalability =
	Project management is a complex discipline and it will be wrong to assume, that a blind application of PRINCE2 methodology will result in a successful project. It will also be wrong to assume, that all PRINCE2 elements are applicable to every project, for this reason every process has its own scalability notes and instructions, so it is clear for the project manager which elements of PRINCE2 is applicable in his situation. The positive aspects of this methodology is, that it can be tailored to particular needs of every project, this means if a project is small and can be completed fast, there is no need to use additional resources to completely follow all the elements of this methodology, instead for small project the documentation should be small. The scale of PRINCE2 methodology is also depended on the requirements of an organization, if the an organization never use the recorded documents for review or issue solving, there is no need to have those documents - documents of solved issues or recording of meetings and ect. As mentioned before every element of the method is scalable on its own and therefore they should be scaled if needed.<ref name=prinwiki>PRINCE2 Wikipidia, 14-sep-2015, https://en.wikipedia.org/wiki/PRINCE2</ref>		Project management is a complex discipline and it will be wrong to assume, that a blind application of PRINCE2 methodology will result in a successful project. It will also be wrong to assume, that all PRINCE2 elements are applicable to every project, for this reason every process has its own scalability notes and instructions, so it is clear for the project manager which elements of PRINCE2 is applicable in his situation. The positive aspects of this methodology is, that it can be tailored to particular needs of every project, this means if a project is small and can be completed fast, there is no need to use additional resources to completely follow all the elements of this methodology, instead for small project the documentation should be small. The scale of PRINCE2 methodology is also depended on the requirements of an organization, if the an organization never use the recorded documents for review or issue solving, there is no need to have those documents - documents of solved issues or recording of meetings and ect. As mentioned before every element of the method is scalable on its own and therefore they should be scaled if needed.<ref name=prinwiki>PRINCE2 Wikipidia, 14-sep-2015, https://en.wikipedia.org/wiki/PRINCE2</ref>

			= Conclusion =

	= References =		= References =
	<references/>		<references/>