2. 1. PMP vs PRINCE2
ā¢ The PRINCE2 = Projects IN Controlled
Environments
ā¢ It is process-based project management
method
ā¢ It has clear templates, processes, and
steps. Similar to PMBOK,
ā¢ PRINCE2 official manual, mentions and
refers PMBOK.
ā¢ The focus of PRINCE2 is a broad, high-
level, general framework of project
management principles.
ā¢ PMPĀ® i.e. Project Management Professional
certification is based on PMBOKĀ® t
ā¢ This standard is a guide rather than a specific
methodology.
ā¢ One can use different methodologies and
tools (e.g., agile, waterfall, PRINCE2) to
implement the project management
frameworkā.
ā¢ The focus of PMBOK guide is to provide a
standard which can be referred and which
answers the āHowā question when Project
Management is discussed.
PRINCE 2PMP
5. PMP
Itās a Standard
Based on PMBOK
Only One Level
Originated in US
Accepted in US, ME and Asia
Generic in Nature
PM Responsible for Project Result
Focus on HOW
Prince 2
Itās a Methodology
Detailed Processes and Templates
3 Levels of Certification
Originated in UK
Accepted in UK, EU and Australia
PM is Bridge <> Project and Control Board.
Focus on āWHATā of Project Management
More IT Focused
6. Which one is better?
Which is For You?
Geography
Industry
Organization Demand
Local Environment
ROI