The PRINCE2 process-based methodology is a widely accepted, structured project management system for increasing and maintaining the performance of an organization. The methodology was initially established in the United Kingdom government in the 1980s as a method for the solution to the most typical project management issues It has been utilized successfully in the field of project management and delivery for more than 30 years. To become a PRINCE2 competent, you must seek out an official PRINCE2 Certification preparation from an official, certified preparing associations like Edureka and successfully complete the PRINCE2 foundation exam As with most processes for managing projects PRINCE2 was first designed by Project managers. This is evident by the methodology - it's organized and written to help professionals better manage their projects, not only to record and monitor the progress of their projects.
The seven PRINCE2 principles of:
- The business must continue to justify the project. has to be a valid reason for the project to be overseeing the project.
- Learn from past experiences The PRINCE2 team continues to search for and draw the lessons they have learned from their previous work.
- The roles and responsibilities are clearly defined. The PRINCE2 team will have an established structure for organization and will involve the appropriate people to complete the assignments.
- Manage through stages: PRINCE2 projects are designed, monitored and monitored on a stage-by-stage basis. The life cycle of the project is divided into several stages.
- Management by exception The Project Manager and others who are working on the project should receive the appropriate amount of authority needed to effectively operate within the project's environment.
- The focus is on the products: PRINCE2 projects are focused on the products' definition, their delivery and quality specifications.
- Tailor the process to fit the specific project's environment The PRINCE2 process's rigor must be tailored to the project's requirements, environment significance, complexity, and risks.
The seven PRINCE2 themes of the seven:
- Business case: Develop and maintain a written record of the business rationale of the proposed project.
- Organisation: Define the specific duties and responsibilities of the entire project team.
- Quality: Define what the requirements for quality and what the measures to meet them and the project will meet them.
- Plan: the steps needed to create the plans as well as the PRINCE2 strategies that need to be utilized.
- Risk: Determine the opportunities and risks that may impact the project.
- Change The way in which Project managers will judge and react to any changes made that are made to the program.
- Progression: The ongoing success and effectiveness of the plans, as well as how the project will continue.
Processes (7 processes)
They outline the phases of the life cycle of the project starting from the first idea through project completion (and evaluation of the results). Each stage includes checklists of suggested actions, the responsibilities associated with them, as well as guidance about how to adapt to the specific requirements of the.
Seven PRINCE2 process:
- The process of establishing a project
- The process of directing the project
- The process of launching the beginning of a project
- The control of an event
- Managing product delivery
- Controlling boundaries between stages
- The process of closing the project
Conclusion
PRINCE2 framework was the standard project management method that is used for all government projects in the UK. It is now widely used globally too. However, the PMI's PMBOK standard has seen more acceptance throughout the world. PRINCE2 is a process that provides clearly defined steps to follow and PMI's PMBOK is a standard guidance that includes a set of best practices that practitioners can adhere to based on their specific project requirements.