A Quick Guide to PRINCE2R and Its Implementation | iCert Global

Regardless of the nature of the business or the size of the project, project managers recommend utilizing PRINCE2® in the management of the project and its delivery. In this article, I will discuss PRINCE2® and how it assists everyone to achieve better results.

Project Management Approaches

The world keeps changing day by day. New ways of doing something are developed and the previous ones get replaced by new and better methods. But there is one thing that doesn't change in businesses — they always have to start and finish new projects. The person who makes a project run successfully is called a Project Manager.

What is PRINCE2®

PRINCE2® is short for "PRojects IN Controlled Environment." Over 1 million individuals across 150 nations have been certified to employ it. It is currently one of the prominent project management standards. It ensures great outcomes regardless of the sector or project size. It is a sequential approach to project management with an eye toward being organized and in command at all times.

PRINCE2 History

PRINCE2 takes its name from a technique known as PROMPT, which stands for Project Resource Organisation Management Planning Techniques. PROMPT was developed by a firm known as Simpact Systems Ltd during 1975. In 1989, PRINCE2 was released as PROMPT II in the CCTA Environment, and it replaced PROMPT for government projects.

PRINCE2 Components

PRINCE2® has four main elements that work together:

•             7 Principles

•             7 Themes

•             7 Processes

•             Project Setting

These chapters show how to manage a project from initiation to completion.

If any of the items mentioned above are not present in a project, it is not a PRINCE2® project. The Principles tell us why we are doing the tasks, the Themes inform us what the tasks we have to do are, and the Processes teach us how to do them, as described in the PRINCE2® manual. PRINCE2® Principles

There are 7 basic rules which enable your project to apply the PRINCE2® method appropriately. Without observing even one rule, your project cannot be termed a PRINCE2® project.

The following are the 7 principles:

1. Keep business reasons clear: Your project must always have a sound reason to start and go on. Otherwise, the project will be shut down.

2. Learn from experience: The team must always apply what they have learned from previous projects to enhance.

3. Clarity of roles and responsibilities: A good team must be properly organized, with the appropriate individuals engaged and their roles clearly defined.

4. Divide into stages: The project is divided into manageable parts, and planning, tracking, and managing are made simpler.

5. Manage by exception: People working on the project get enough power to make decisions and work well.

6. Product emphasis: The paramount goal is to ensure that the product is clearly defined, delivered in a timely fashion, and of quality.

7. Fit the project: The project manager fits the method to the project size, complexity, risks, and importance.

PRINCE2® Subjects

PRINCE2 has 7 themes that detail the main areas of running a project. The themes serve as a guide throughout the project to assist in the attainment of the objective.

PRINCE2® assists project managers by giving them broad guidelines on each theme to tailor and guidance on how to tailor them to the project. The 7 themes are as follows:

1. Business case: A document in writing that describes why the project will occur and is revised periodically.

2. Organization: Determines who does what within the project team and their roles.

3. Quality: States the quality standards and how the project will fulfill them.

4. Plans: Shows how to develop an appropriate project plan and which PRINCE2® method to apply.

5. Risk: Suggests potential issues or opportunities that may influence the outcome of the project, either positively or negatively.

6. Change: Illustrates how the project manager responds to any unforeseen changes during the project.

7. Progress: Considers where the project is and whether it should proceed according to the plans or not.

PRINCE2 Steps

PRINCE2 is composed of 7 processes that define the steps of a project from start to finish. Each process contains a list of activities, the person in charge, and instructions on how to adapt them to the project. The 7 processes are as follows:

1. Initial project launch

2. Project directing

3. Initiating a project

4. Managing a stage

5. Managing product delivery

6. Managing stage boundaries

7. Project closure

How to obtain  PRINCE2® certification? 

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Conclusion

PRINCE2® is a systematic approach to organizing projects in a particular and precise manner. Its processes and guidelines keep projects well-defined and on track. Implementation of PRINCE2® ensures that teams deliver good performance within the time and money.

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