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List of FAQ's about PRINCE2

Julie Lord
 


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If you're considering going into project management, or you're already a project manager there's no doubt you will have heard about PRINCE2. The method is regularly learnt by PM's in project management courses and has many benefits.

PRINCE2 FAQ'S

What Does It Stand For?

PRINCE stands for Projects In Controlled Environments. The 2 signifies the improved version of the method.

What Is It?

PRINCE2 is a project management method widely recognised across the world. The method is process based and offers best practice guidance in relation to project management.

Sum It Up?

To sum up PRINCE2 quickly:

? Focuses on being flexible within project management and learning how to apply that flexibility correctly depending on what the project needs.

? Focuses on planning for the project with an emphasis on the product related to the project.

? Focuses on the justification process in relation to business

? Focuses on cutting the project into easily manageable and achievable chunks

How Long Has PRINCE Been Around?

PRINCE has been around since 1989, when it was created by the Central Computer and Telecommunications Agency (now called the OGC). In 2010 the method began to be used in the UK Cabinet. PRINCE was an evolution of PROMPT which was created in 1975. PROMPT was primarily used in government projects until 1989 when PRINCE was used as a better replacement. The copyright for PRINCE remains property of the Crown.

Why Use PRINCE2?

If you're considering any project management courses, this should be top of your list. It provides many benefits to you individually as a project manager, and to your organisation. It will enable you to have a much more substantial control of project resources, as well enabling you to not only manage project risk at a much more competent level, but also business risk. Having the ability to do this benefits a person looking to become a project manager, looking to improve their skill set or looking to gain a better employment position. It also benefits anyone related to projects whether that's senior management, or organisations in general.

If you're considering project management as a career or are already in a PM position, perhaps with an existing PMP or APMP certification, then gaining a PRINCE2 certificate will only improve your career prospects. Not only will it help you be a better project manager, it will also expand the jobs you are able to apply to as many high level positions require candidates have at least one type of PM certification and PRINCE2 is the most highly valued of them all.

If you're a business considering PRINCE2 method, it will have numerous positive effects including;

? A focus on the what, where and why

? Consistent awareness and confirmation a project is justified in relation to the business

? An emphasis on reviewing progress

? An emphasis on ensuring all projects are completely controlled continually, from the beginning all the way through to completion

Whether you're a PM, organisation or someone considering project management as a career, it's worth looking into getting PRINCE2 certification and its many benefits.

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