PRINCE2 - For successful Project Management - Revision history

Tkokotas at 15:42, 18 December 2018

2018-12-18T15:42:18Z

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			''Developed by Mihaela Gabriela Hozmache''


	PRINCE2 (an acronym for PRojects IN Controlled Environments) is a process-based method for effective <span class="plainlinks"> [https://en.wikipedia.org/wiki/Project_management project management]</span>. It is one of the most accepted and used methods in project management due to the fact that it can be applied to any project regardless of project scale, type, organization, geography or culture. Being widely recognized and understood, PRINCE2 provides a common vocabulary to all project participants and maintains the focus on the project viability in relation to the <span class="plainlinks"> [https://en.wikipedia.org/wiki/Business_case business case]</span> rather than on the project end. The aim of PRINCE2 is to provide useful information at the right time for the responsible people to make sound decisions. It clearly defines project responsibilities and helps participants understand their roles and needs. PRINCE2 is also a certification program where practitioners can be accredited and qualified. The method is owned by the UK Government and Axelos. This article deals with the description and illustration of the PRINCE2 project methodology, as well as how it applies to projects in a <span class="plainlinks"> [https://en.wikipedia.org/wiki/Program_management programme]</span> and what are its benefits and limitations. However, for a better understanding of how the method applies in real-life projects, an external link to the documentation of a <span class="plainlinks"> [http://www.skillpower.co.nz/wp-content/uploads/2014/02/SampleProject.pdf PRINCE2 sample project] </span> is provided. <ref name="managing">Managing successful projects with PRINCE2 (5th ed.). (2009). London: TSO. </ref> <ref>https://www.prince2.com/prince2-methodology </ref> <ref name="what is prince"> https://www.axelos.com/best-practice-solutions/prince2/what-is-prince2.aspx </ref> <ref name="pen"> http://www.skillpower.co.nz/wp-content/uploads/2014/02/SampleProject.pdf </ref>		PRINCE2 (an acronym for PRojects IN Controlled Environments) is a process-based method for effective <span class="plainlinks"> [https://en.wikipedia.org/wiki/Project_management project management]</span>. It is one of the most accepted and used methods in project management due to the fact that it can be applied to any project regardless of project scale, type, organization, geography or culture. Being widely recognized and understood, PRINCE2 provides a common vocabulary to all project participants and maintains the focus on the project viability in relation to the <span class="plainlinks"> [https://en.wikipedia.org/wiki/Business_case business case]</span> rather than on the project end. The aim of PRINCE2 is to provide useful information at the right time for the responsible people to make sound decisions. It clearly defines project responsibilities and helps participants understand their roles and needs. PRINCE2 is also a certification program where practitioners can be accredited and qualified. The method is owned by the UK Government and Axelos. This article deals with the description and illustration of the PRINCE2 project methodology, as well as how it applies to projects in a <span class="plainlinks"> [https://en.wikipedia.org/wiki/Program_management programme]</span> and what are its benefits and limitations. However, for a better understanding of how the method applies in real-life projects, an external link to the documentation of a <span class="plainlinks"> [http://www.skillpower.co.nz/wp-content/uploads/2014/02/SampleProject.pdf PRINCE2 sample project] </span> is provided. <ref name="managing">Managing successful projects with PRINCE2 (5th ed.). (2009). London: TSO. </ref> <ref>https://www.prince2.com/prince2-methodology </ref> <ref name="what is prince"> https://www.axelos.com/best-practice-solutions/prince2/what-is-prince2.aspx </ref> <ref name="pen"> http://www.skillpower.co.nz/wp-content/uploads/2014/02/SampleProject.pdf </ref>

Mihaelagh at 23:21, 28 September 2015

2015-09-28T23:21:56Z

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	PRINCE2 (an acronym for PRojects IN Controlled Environments) is a process-based method for effective <span class="plainlinks"> [https://en.wikipedia.org/wiki/Project_management project management]</span>. It is one of the most accepted and used methods in project management due to the fact that it can be applied to any project regardless of project scale, type, organization, geography or culture. Being widely recognized and understood, PRINCE2 provides a common vocabulary to all project participants and maintains the focus on the project viability in relation to the <span class="plainlinks"> [https://en.wikipedia.org/wiki/Business_case business case]</span> rather than on the project end. The aim of PRINCE2 is to provide useful information at the right time for the responsible people to make sound decisions. It clearly defines project responsibilities and helps participants understand their roles and needs. PRINCE2 is also a certification program where practitioners can be accredited and qualified. The method is owned by the UK Government and Axelos. This article deals with the description and illustration of the PRINCE2 project methodology, as well as how it applies to projects in a <span class="plainlinks"> [https://en.wikipedia.org/wiki/Program_management programme]</span> and what are its limitations. However, for a better understanding of how the method applies in real-life projects, an external link to the documentation of a <span class="plainlinks"> [http://www.skillpower.co.nz/wp-content/uploads/2014/02/SampleProject.pdf PRINCE2 sample project] </span> is provided. <ref name="managing">Managing successful projects with PRINCE2 (5th ed.). (2009). London: TSO. </ref> <ref>https://www.prince2.com/prince2-methodology </ref> <ref name="what is prince"> https://www.axelos.com/best-practice-solutions/prince2/what-is-prince2.aspx </ref> <ref name="pen"> http://www.skillpower.co.nz/wp-content/uploads/2014/02/SampleProject.pdf </ref>		PRINCE2 (an acronym for PRojects IN Controlled Environments) is a process-based method for effective <span class="plainlinks"> [https://en.wikipedia.org/wiki/Project_management project management]</span>. It is one of the most accepted and used methods in project management due to the fact that it can be applied to any project regardless of project scale, type, organization, geography or culture. Being widely recognized and understood, PRINCE2 provides a common vocabulary to all project participants and maintains the focus on the project viability in relation to the <span class="plainlinks"> [https://en.wikipedia.org/wiki/Business_case business case]</span> rather than on the project end. The aim of PRINCE2 is to provide useful information at the right time for the responsible people to make sound decisions. It clearly defines project responsibilities and helps participants understand their roles and needs. PRINCE2 is also a certification program where practitioners can be accredited and qualified. The method is owned by the UK Government and Axelos. This article deals with the description and illustration of the PRINCE2 project methodology, as well as how it applies to projects in a <span class="plainlinks"> [https://en.wikipedia.org/wiki/Program_management programme]</span> and what are its benefits and limitations. However, for a better understanding of how the method applies in real-life projects, an external link to the documentation of a <span class="plainlinks"> [http://www.skillpower.co.nz/wp-content/uploads/2014/02/SampleProject.pdf PRINCE2 sample project] </span> is provided. <ref name="managing">Managing successful projects with PRINCE2 (5th ed.). (2009). London: TSO. </ref> <ref>https://www.prince2.com/prince2-methodology </ref> <ref name="what is prince"> https://www.axelos.com/best-practice-solutions/prince2/what-is-prince2.aspx </ref> <ref name="pen"> http://www.skillpower.co.nz/wp-content/uploads/2014/02/SampleProject.pdf </ref>

	=The method=		=The method=

Mihaelagh: /* The method */

2015-09-28T23:17:37Z

The method

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	[[File:The_method.jpg\|frame\|~~2000~~\|center\|sub\|Figure 1 - PRINCE2 Structure (Source: Project Management Based on PRINCE2)]]		[[File:The_method.jpg\|frame\|1500\|center\|sub\|Figure 1 - PRINCE2 Structure (Source: Project Management Based on PRINCE2)]]

	=Principles=		=Principles=

Mihaelagh: /* The method */

2015-09-28T23:17:13Z

The method

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	[[File:The_method.jpg\|frame\|center\|sub\|Figure 1 - PRINCE2 Structure (Source: Project Management Based on PRINCE2)]]		[[File:The_method.jpg\|frame\|2000\|center\|sub\|Figure 1 - PRINCE2 Structure (Source: Project Management Based on PRINCE2)]]

	=Principles=		=Principles=

Mihaelagh: /* Benefits */

2015-09-28T23:15:39Z

Benefits

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	=Benefits=		=Benefits=
	{{#ev:youtube\|https://www.youtube.com/watch?v=gFlRxZ6sU4U\|400\|right\|Benefits of PRINCE2\|frame}}		{{#ev:youtube\|https://www.youtube.com/watch?v=gFlRxZ6sU4U\|400\|right\|Benefits of PRINCE2\|frame}}
	PRINCE2 is an international standard method for Project Management. It is built upon many years of best practice in Project Management and provides a flexible and adaptable approach to suit all types of projects. The framework is designed to cover a wide variety of disciplines and activities required for a successful project. PRINCE2 provides ~~organization~~'s projects with:		PRINCE2 is an international standard method for Project Management. It is built upon many years of best practice in Project Management and provides a flexible and adaptable approach to suit all types of projects. The framework is designed to cover a wide variety of disciplines and activities required for a successful project. PRINCE2 provides organizations' projects with:

	*A common, consistent approach		*A common, consistent approach

Mihaelagh: /* Benefits */

2015-09-28T23:15:01Z

Benefits

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	=Benefits=		=Benefits=
	{{#ev:youtube\|https://www.youtube.com/watch?v=gFlRxZ6sU4U\|400\|right\|PRINCE2 ~~Benefits~~\|frame}}		{{#ev:youtube\|https://www.youtube.com/watch?v=gFlRxZ6sU4U\|400\|right\|Benefits of PRINCE2\|frame}}
	PRINCE2 is an international standard method for Project Management. It is built upon many years of best practice in Project Management and provides a flexible and adaptable approach to suit all types of projects. The framework is designed to cover a wide variety of disciplines and activities required for a successful project. PRINCE2 provides organization's projects with:		PRINCE2 is an international standard method for Project Management. It is built upon many years of best practice in Project Management and provides a flexible and adaptable approach to suit all types of projects. The framework is designed to cover a wide variety of disciplines and activities required for a successful project. PRINCE2 provides organization's projects with:

Mihaelagh: /* Benefits */

2015-09-28T23:14:28Z

Benefits

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	=Benefits=		=Benefits=
	{{#ev:youtube\|https://www.youtube.com/watch?v=~~o_7t67MeaUc~~\|400\|right\|PRINCE2 Benefits\|frame}}		{{#ev:youtube\|https://www.youtube.com/watch?v=gFlRxZ6sU4U\|400\|right\|PRINCE2 Benefits\|frame}}
	PRINCE2 is an international standard method for Project Management. It is built upon many years of best practice in Project Management and provides a flexible and adaptable approach to suit all types of projects. The framework is designed to cover a wide variety of disciplines and activities required for a successful project. PRINCE2 provides organization's projects with:		PRINCE2 is an international standard method for Project Management. It is built upon many years of best practice in Project Management and provides a flexible and adaptable approach to suit all types of projects. The framework is designed to cover a wide variety of disciplines and activities required for a successful project. PRINCE2 provides organization's projects with:

	*A common, consistent approach		*A common, consistent approach
	*A controlled and organised start, middle and end		*A controlled and organised start, middle and end
	*Regular reviews of progress against plan and against the ~~Business~~ case flexible decision points		*Regular reviews of progress against plan and against the business case flexible decision points
	*Assurance that the project continues to have a business justification		*Assurance that the project continues to have a business justification
	*Flexible decision points		*Flexible decision points

Mihaelagh: /* Benefits */

2015-09-28T23:03:50Z

Benefits

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	*A means of capturing and sharing lessons learned		*A means of capturing and sharing lessons learned
	*A route to increasing the project management skills and competences of the organisation's staff at all levels.<ref name="benefits"> https://www.prince2.com/why-should-i-study-prince2 </ref>		*A route to increasing the project management skills and competences of the organisation's staff at all levels.<ref name="benefits"> https://www.prince2.com/why-should-i-study-prince2 </ref>


	The video provides a list of reasons why organizations should implement the methodology and what are the advantages that it brings.		The video provides a list of reasons why organizations should implement the methodology and what are the advantages that it brings.

Mihaelagh: /* Benefits */

2015-09-28T23:03:24Z

Benefits

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	=Benefits=		=Benefits=
			{{#ev:youtube\|https://www.youtube.com/watch?v=o_7t67MeaUc\|400\|right\|PRINCE2 Benefits\|frame}}
	PRINCE2 is an international standard method for Project Management. It is built upon many years of best practice in Project Management and provides a flexible and adaptable approach to suit all types of projects. The framework is designed to cover a wide variety of disciplines and activities required for a successful project. PRINCE2 provides organization's projects with:		PRINCE2 is an international standard method for Project Management. It is built upon many years of best practice in Project Management and provides a flexible and adaptable approach to suit all types of projects. The framework is designed to cover a wide variety of disciplines and activities required for a successful project. PRINCE2 provides organization's projects with:

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	*Assurance that the project continues to have a business justification		*Assurance that the project continues to have a business justification
	*Flexible decision points		*Flexible decision points
	*Management control of any deviations from the plan ~~{{#ev:youtube\|https://www.youtube.com/watch?v=o_7t67MeaUc\|400\|right\|PRINCE2 Benefits\|frame}}~~		*Management control of any deviations from the plan
	*The involvement of management and stakeholders at the right time and place during the project		*The involvement of management and stakeholders at the right time and place during the project
	*Good communication channels between the project, project management, and the rest of the organisation		*Good communication channels between the project, project management, and the rest of the organisation

Mihaelagh: /* Benefits */

2015-09-28T23:03:05Z

Benefits

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	*Assurance that the project continues to have a business justification		*Assurance that the project continues to have a business justification
	*Flexible decision points		*Flexible decision points
	*Management control of any deviations from the plan		*Management control of any deviations from the plan {{#ev:youtube\|https://www.youtube.com/watch?v=o_7t67MeaUc\|400\|right\|PRINCE2 Benefits\|frame}}
	*The involvement of management and stakeholders at the right time and place during the project		*The involvement of management and stakeholders at the right time and place during the project
	*Good communication channels between the project, project management, and the rest of the organisation		*Good communication channels between the project, project management, and the rest of the organisation
	*A means of capturing and sharing lessons learned		*A means of capturing and sharing lessons learned
	*A route to increasing the project management skills and competences of the organisation's staff at all levels.<ref name="benefits"> https://www.prince2.com/why-should-i-study-prince2 </ref> ~~{{#ev:youtube\|https://www.youtube.com/watch?v=o_7t67MeaUc\|500\|right\|PRINCE2 Benefits\|frame}}~~		*A route to increasing the project management skills and competences of the organisation's staff at all levels.<ref name="benefits"> https://www.prince2.com/why-should-i-study-prince2 </ref>

	The video provides a list of reasons why organizations should implement the methodology and what are the advantages that it brings.		The video provides a list of reasons why organizations should implement the methodology and what are the advantages that it brings.