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Who is PRINCE2(r), for?
The History of PRINCE2 (r)
PRINCE2 Core Principles Continued business justification
2. Learn from your mistakes
3. Define roles and responsibilities
4. Stages are the best way to manage
5. Take care of the exceptions
6. Concentrate on the products
7. Tailor your suitability to the project environment
PRINCE2(r) Themes1. Business case
2. Organization
3. Quality
4. Plans
5. Risques
6. Change
7. Progression
PRINCE2(r), ProcessesStarting a project
Initiating a new project
Controlling a stage
Managing product delivery
Stage management
Project management
Closing a Project
Becoming PRINCE2 (r) certified
Summary
What is PRINCE2(r).
PRINCE2(r), a project management system, is available. It is structured and experience-based and was developed from the experience of thousands of project managers.
PRINCE2(r), stands for Projects IN a Contained Environment (Version 2). It’s not PRINCE TWO!
It is a flexible way to manage and control the work. It can be tailored to suit projects of any size, large or small.
In 2004, I completed my first Practitioner course.
Who is PRINCE2(r), for?
PRINCE2r works in many industries and domains. As a project manager, I’ve used it in financial services and, in a lesser extent, in a modified version in healthcare. Although it is a predictive methodology PRINCE2 Agile(r), allows for agile frameworks.
PRINCE2(r), being a broad-based approach, doesn’t cover specific techniques or technical processes. However, it can be used alongside them.
The History of PRINCE2 (r)
PRINCE2(r), part of the best-practice guidance that was developed by the UK Office of Government Commerce, is PRINCE2(r).
It was originally known as the PROMPT method, which was created in a private UK firm in the 1970s. It was licensed by the Central Computer and Telecommunications Agency in Britain in 1979 for use in government IT projects.
It was renamed PRINCE.
PRINCE2(r), which was released in 1996, received major updates in 2009-2017.
It was initially used in UK public sector projects but quickly caught on by the private sector, and spread to Europe and the rest. Because it works. It is used in hundreds of countries by thousands of practitioners today.
PRINCE2 Agile(r), was introduced in 2018 to allow PRINCE2(r), to use agile concepts such as timeboxing or Kanban.
PRINCE2 Core Principles
These are the 7 core principles of PRINCE2(r), project management:
Continued business justification
Learn from your mistakes
Define roles and responsibilities
Stages are the best way to manage
Take care of the exceptions
Concentrate on the products
Tailor your suitability to the project environment
Let’s take a look at these best practices.
1. Continued business justification
A business case is required for a PRINCE2(r). Any new project should have a purpose: the business case should explain why it is important.
This business justification must be maintained throughout the project. To ensure that the work is still feasible, you should continue to check in at various points throughout the project. Although you should be able to reap the benefits, it is possible to have some difficulties. In these cases, you might recommend that the project be stopped.
2. Learn from your mistakes
PRINCE2(r), is all about learning from past experiences. Because it helps to mitigate risk, you should examine past projects.
Learning lessons is not something you can do only once. PRINCE2(r), encourages you to reflect on the lessons learned throughout the project’s life cycle to help make better decisions. Record the lessons learned for future projects.
3. Define roles and responsibilities
In PRINCE2r projects, there are clearly defined roles and responsibilities. There are three main stakeholders:
Sponsor: The business sponsor who ensures that the project delivers the right things
Users are people who use the final result and/or benefit from it.
Suppliers of people or companies