Benefits of PRINCE2 Project Management Methodology

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Benefits of PRINCE2 Project Management Methodology

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Benefits of PRINCE2 Project Management Methodology

  1. 1. What is PRINCE2? presented by Ashish Dho ke, projectingITThursday 4 October 12
  2. 2. in this presentation.. > What is PRINCE2 > Benefits of using PRINCE2 > PRINCE2 Qualifications What is PRINCE2? www.projectingIT.comThursday 4 October 12
  3. 3. What is PRINCE2? > Who will do What > What they will need to know > Set of good practices to follow > Templates > A step-by-step process to run the project What is PRINCE2? www.projectingIT.comThursday 4 October 12
  4. 4. the PRINCE2 framework Themes Templates Principles Processes Roles Quality Tailoring Review Product based Planning What is PRINCE2? www.projectingIT.comThursday 4 October 12
  5. 5. What PRINCE2 is NOT? > a software product > Silver bullet > Set of documentation > Specialist work > Set of detailed techniques and how-to What is PRINCE2? www.projectingIT.comThursday 4 October 12
  6. 6. PRINCE2 stands for.... PRojects IN a Controlled Environment What is PRINCE2? www.projectingIT.comThursday 4 October 12
  7. 7. a Controlled START.... Start is t he s c ope is t his t wo r k of t me n n ve s ie d? c le a r ? i ju s t if ..b u t h o w w h o w ill be e ve r yo ne w i l in vo lved? l be ke p t in lo o whe n p? a re t h imp or e m i le s t an t t o ne s ? What is PRINCE2? www.projectingIT.comThursday 4 October 12
  8. 8. Plan Act Check Do a Controlled MIDDLE.... Is the investment still justified? Wh a we t are doi nex ng oing t? ed t A r e w righ the ng? thi What is PRINCE2? www.projectingIT.comThursday 4 October 12
  9. 9. a Controlled CLOSURE.... FInish rt ts? S ign- o po e n f f s? up em S g an a rr ell w w our S o. .h o e e t we m i ve s? did je c t Ho w w ob do a b i l l yo u e t te r ne x t t job i me? H ow we w ill k n ow a bo ut th e be nef it s? What is PRINCE2? www.projectingIT.comThursday 4 October 12
  10. 10. Benefits of using PRINCE2? Best Practice Scalability Reliable Applies to ANY Accountability Predictable Project Effective Stakeholder Standardization Communication Representation Management by Focus on Exception Business Case What is PRINCE2? www.projectingIT.comThursday 4 October 12
  11. 11. Process based Approach Initiation Subsequent Final Delivery Pre-project Stage delivery stage(s) Stage Directing Directing a Project SU SB SB CP Managing IP Controlling a Stage Controlling a Stage Delivering Managing Product Delivery Managing Product Delivery What is PRINCE2? www.projectingIT.comThursday 4 October 12
  12. 12. Business Case Driven > Is this project justified? > Is the investment worthwhile? > Is the project viable? > the outputs, outcome and benefits What is PRINCE2? www.projectingIT.comThursday 4 October 12
  13. 13. Stakeholder Engagement Value for Money Business User Supplier Specify Requirements Provide Resources What is PRINCE2? www.projectingIT.comThursday 4 October 12
  14. 14. Defined Roles and Responsibilities F und ing? Users? Manage? suppliers? Deliver? Approvals? What is PRINCE2? www.projectingIT.comThursday 4 October 12
  15. 15. Management Stages Initiation Stage2 Stage3 Stage4 What is PRINCE2? www.projectingIT.comThursday 4 October 12
  16. 16. Manage by Exception Refer to next level of management only when Tolerances are forecast to exceed What is PRINCE2? www.projectingIT.comThursday 4 October 12
  17. 17. Product based Planning Website Search Registration Payments er Ho lett me bl o g News Contact Focus on what the project has to deliver by breaking down the project into major products What is PRINCE2? www.projectingIT.comThursday 4 October 12
  18. 18. Work Packages Requirements Registration and Payments Testing > Agree terms with delivery team > Delegate, monitor and control > Separate Project Management from Product Management What is PRINCE2? www.projectingIT.comThursday 4 October 12
  19. 19. Change Control > Monitor, control and track changes > Delegate change authorization for quick decision making > Maintain history of documentation changes What is PRINCE2? www.projectingIT.comThursday 4 October 12
  20. 20. Mechanisms to Confirm Benefits > So do we know if it really helped? > Prepare post project benefit review plan > Hand over the plan to those accountable for assessment What is PRINCE2? www.projectingIT.comThursday 4 October 12
  21. 21. Learn from Experience > the Do’s and Don’ts > Continuous improvement > Broadcast lessons What is PRINCE2? www.projectingIT.comThursday 4 October 12
  22. 22. Customizable > Tailor to suit the project need > Scale, Size, Complexity, Internal vs External.... What is PRINCE2? www.projectingIT.comThursday 4 October 12
  23. 23. Standardization Register Business Case Plans Reports TEMPLATES What is PRINCE2? www.projectingIT.comThursday 4 October 12
  24. 24. The Who’s Who of PRINCE2 >> Cabinet Office owns PRINCE2 APMG provides certification ATO delivers training What is PRINCE2? www.projectingIT.comThursday 4 October 12
  25. 25. the Fact sheet ‣Widely recognized and popular ‣Used in all 7 continents ‣Over 975,000 PRINCE2 exams ‣Over 350 ATO’s ‣More than 1500 accredited trainers ‣PRINCE2 first edition in 1996 ..now in the 5th edition What is PRINCE2? www.projectingIT.comThursday 4 October 12
  26. 26. PRINCE2 Foundation Exam ‣Total 75 Questions ‣Duration = 1 Hour ‣5 questions “road tested” ‣Multiple Choice Objective Style ‣Paper based Closed Book ‣35 / 70 required to PASS ‣Foundation Certification awarded by APMG What is PRINCE2? www.projectingIT.comThursday 4 October 12
  27. 27. PRINCE2 Practitioner Exam ‣Duration = 2.5 Hours ‣Total 9 Questions ‣108 sub questions ‣Multiple Choice Objective Style ‣Scenario based Exam ‣Paper based Open Book ‣59 / 108 required to PASS ‣Practitioner Certification awarded by APMG What is PRINCE2? www.projectingIT.comThursday 4 October 12
  28. 28. About projectingIT ‣ATO for PRINCE2, Agile and Earned Value ‣2000+ PRINCE2 delegates ‣Trainings across the globe ‣Blended learning ‣Specialists in project management ‣Best pass rate ‣Microsoft Project, PMP, ITIL, Scrum and more ‣www.projectingIT.com for more information What is PRINCE2? www.projectingIT.comThursday 4 October 12

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