Tailoringthe Framework

AXELOS.COM

Agenda

Introduction:

An invaluable snapshot of PRINCE2®, including…

• History

• Principles

• In numbers

• Benefits

• Themes

• Processes

• Qualifications

• The AXELOS portfolio

Introduction

PRINCE2 =

Standing for PRojects IN Controlled Environments, PRINCE2 is the world’s most adopted project management framework, with over one million practitioners. It provides invaluable guidance that gives individuals and organizations alike the essentials of running a project.Best of all, PRINCE2 is easy to learn and flexible enough to adapt to all types of project.

• The PRINCE2 Definition of a project:

A temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case

• Key benefits of PRINCE2:

Ensures projects are delivered to agreed quality, within budget and timescale

BUDGETDesired targets met, on

time every time. No surprises, just seamless

project management

TIMESCALEQUALITYProven methods and globally-recognized

solutions, for total success

Flexible enough to fit in with any budget –

regardless of project size

PRINCE2: can you afford not to use it?

Each and every project you work on has a lot riding on it. Deadlines have to be met, solutions have to be found. That’s where PRINCE2 comes in.

In the fast-moving world of 21st century business, Governments and Business both benefit from the true global best practice standards delivered through PRINCE2.

So here’s the question: can you afford not to benefit from all that PRINCE2 offers you?

History

PROMPTIIProject Resource Organization

Management and Planning TechniquesA project management method

developed by Simpact Systems Ltd.PRINCE

PRojects IN Controlled EnvironmentsPublished by the UK Government agency CCTA,Projects in Controlled Environments (PRINCE)became the UK standard for all government

information systems projects.

PRINCE2Projects IN Controlled Environments 2

An upgrade to PRINCE was considered to be inorder and the development was contracted out butassured by a virtual committee spread among 150

European organizations.PRINCE2Major Revision

A major revision has seen the method madesimpler and more easily customizable, a common request from

users.

Businesses have evolved greatly over the last 30 years and so too has the PRINCE2 project management methodology. Hundreds, if not thousands, of individuals, including project managers, trainers, authors and other contributors, have all played their part to help shape what PRINCE2 is today:

Impressive figures

Over

150 countries

19 different

languages

£££millions seen

in ROI

Since first being developed in 1989, PRINCE2 has been successfully adopted by thousands of project managers around the world. Today, it is the most widely-used project management framework.

In 2014, one PRINCE2 exam was taken every 3.5 minutes

There are over ONE MILLION PRINCE2 practitioners in over 150 countries in 19 different languages

Discover more: prince2 in 100 seconds

Benefits: FOR AN ORGANIZATION

PRINCE2: improved project delivery, improved performance, improved business results

Improvedcommunication

Improvedeffectiveness

Improved costcontrol

Improved focus

Unite teams and processes

Influence the organizational

culture

Improved trust

Improvedalignment

Benefits: FOR AN INDIVIDUAL

Qualificationsrecognized

aroundthe worldHow to start

Your projects

How to improveyour delivery

How to close your

projects

How to structurea project

Structuredapproach

Clearly understand

your role

Terminology thatis common

Improve yourposition

PRINCE2: successful projectmanagement, improved project delivery, enhanced career advancement.

7 Themes

7 Principles

7 Processes

The PRINCE2 Project Methodology consists of…

Methodology

To be a true PRINCE2 delivery, seven principles need to apply to any project (whatever the size). These key themes resonate throughout each project, with processes tailored across a wide variety of sectors and different roles providing a solid framework to deliver the desired result: on time, on budget and always to the very highest standard.

Themes

Project roles and responsibilities are clearly defined, for truly seamless project management.

BusinessCase

Organization

Quality

RiskPlanning

Change

Progress

Project control mechanisms are clearly

set out for key project personnel.

A generic method based on proven principles, when you adopt PRINCE2, quality is assured.

Having a clear definition of a project’s configuration

management, issue management and change control are key to all you

seek to achieve.

Sets out the justification for each and every project, clearly highlighting what is required and, crucially, when.

Risk analysis and management are key to any project’s successful delivery.

Specialist aspects of the project can be easily

integrated with the PRINCE2 method, for true

success.

7 crucial themes, limitless benefits:

Principles

7 key principles give you the reassurance, confidence of knowing that everything is covered – at each and every stage:

Focus onproducts

Manage bystages

Manage byexception

Learn fromexperience

Tailoring

Continued businessjustification

Defined roles andresponsibilities

Is there a justifiable reason for starting the project that will remain consistent throughout its duration?

PRINCE2 project teams should continually seek and draw on lessons learned from previous work.

The PRINCE2 project team should have a clear organizational structure and involve the right people in the right tasks.

PRINCE2 projects should be planned, monitored and controlled on a stage-by-stage basis.

PRINCE2 project have defined tolerances for each project objective to establish limits of delegated authority.

PRINCE2 projects focus on the product definition, delivery and quality requirements.

PRINCE2 is tailored to suit the project’s environment, size, complexity, importance, capability and risk.

Processes

SU

DP

IP CS

SB

MPD MPD

CP

1 Starting up a Project2 Initiating a Project3 Directing a Project4 Controlling a Stage

5 Managing Product Delivery6 Managing Stage Boundaries7 Closing a Project

Directing

Managing

Delivering

CS

SB

Stages of a project

Example of where process would fit into a four stage project

Qualifications

FOUNDATION – at a glance

The benefit of this core qualification is simple: to confirm you have sufficient knowledge and understanding of the PRINCE2 method to be able to work effectively with (or as a member of) a project management team working within an environment supporting PRINCE2.*

EXAMINATION – in more detail

• Multiple choice examination questions 

• 75 questions per paper 

• Five trial questions (not counted in scores) 

• Pass: 35 marks required (out of 70 available) – 50% 

• Closed book.

*The Foundation qualification is also a prerequisite for the Practitioner qualification.

Qualifications

PRACTITIONER – at a glance

The purpose of the Practitioner qualification is to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor PRINCE2 in a scenario situation. A successful Practitioner candidate should (with suitable direction) be able to start applying the method to a real project – but may not be sufficiently skilled to do this appropriately for all situations.*

EXAMINATION – in more detail

• Multiple choice examination questions

• Objective testing

• Eight questions - 10 question items per question, each worth one mark

• 44 marks or more required to pass (out of 80 available) – 55%

• Two-and-a-half hours’ (150 minutes) duration, no additional reading time

• Open book exam (official PRINCE2 manual only).

*Individual project management expertise, complexity of the project and the support provided for the use of PRINCE2 in their work environment will all be factors that impact what the Practitioner can achieve.

Qualifications

PROFESSIONAL – at a glance

The PRINCE2 Professional qualification is the next step for PRINCE2 Practitioners. This level will test your ability to manage a non-complex PRINCE2 project across all aspects of the project lifecycle.

EXAMINATION – in more detail

• Multiple choice examination questions

• Objective testing Two-and-a-half day residential Assessment Centre

• Group activities and exercises

• Based on a fictional project case study

• Assessment is against 19 individual performance criteria.*

*There is no written examination.

The AXELOS portfolio

Common Glossary

Portfolio,Programmeand Project

ManagementMaturityModel

Managementof Risk

Managementof Value

Portfolio,Programmeand Project

Offices

MaturityModel

Portfolio Management

Programme Management

Project Management

For more information about PRINCE2 please contact Skype: Stella_Holman

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