1. Prince2 2009 - a summary
. (A practical look at the updated version 2009)
The method of the new version is that it is transparent with attention to the role of the sponsor
and steering committee members. The terminology is changing, however, so care to avoid
confusion. The changes are mostly in the field of classification and terminology. The
principles remain fully maintained; always update the business justification of the project,
sending a clear division of roles in disorders. Prince2 is a project management method with a
controlled way to deliver the project outcomes and each time weighed whether the intended
results still contribute to the objective of the process (Stage). In daily practice, the best
practice just best practice project management and ordinary project.
The differences in the updated version in 2009.
Yet the unique terminology is a major strength of Prince2. People know what a word meant,
in what stage a project is or what tasks and responsibilities in a role hear. The updated version
can voice any confusion. For example, the alignment of the updated version of the method
Management of Risk has consequences for the terminology used in the formulation of
countermeasures. Now everyone knows what Prevention, Reduction, Transference,
Acceptance and Contingency means the sound is getting used as terms are immediately
replaced by another. The big advantage is that the methodology is transparent. Relations
between the processes and components are apparent. For example, the various roles and
responsibilities in a project still be made clearer.
Prince2 principles are maintained
For example, how should one assess a project steering committee? There is also greater
attention to the custom application of the method on a project. Organizations Prince2 way
referred to implement and respect, the new version better supported. An important
improvement is the role of the sponsor and the steering more and focus in a separate manual.
This will better reflect the professionalism of project management an organizational issue and
not a matter for project managers alone.
The organization and updated version?
Many organizations are well on their way to their Prince2 implementation. In recent years, the
method still wider application, ie not only on project-driven course and templates available,
but that the line organization is included in the implementation.
Not for nothing is much attention to the developer, they play an important role. Project run by
Prince2 is an organizational and cultural development. It means taking responsibility in the
right place, each other on these responsibilities and transparent action. Moreover, the new
version is more help and ideas to use in projects of varying complexity.
Is now the time for an updated version to be?
Is not a question of need, because the current version of Prince2 is a valid handle? As
previously indicated, these improvements were mainly intended to improve the method to use
in a controlled implementation of projects. It is easier for the method. So, enough reasons to
switch to the new version, but it must be a good place to be chosen.
Anyone who is the current terminology within the organization will have to adapt. It is wise
for the organizations method to the light and to possible differences in process or procedure
descriptions of management products to highlight. Engaged employees will need training to
change their own making. Only then can Prince2 2009 successfully implemented.

2. Why Prince2?
Prince2 provides the link between line organization and projects, and offers organizations the
opportunity for business and project risks better and effective control. The method provides
grip for:
• Controlled start, execution and closure by means of, inter alia, the steering decisions.
• Regular review of updated business case and explicit decision on whether or not to proceed
with the project during phase transitions.
• Regular monitoring of progress in relation to the planning a
• Regular monitoring of progress against the plan and its impact on the business case for
phase transitions.
• Flexible decision points because the phases by the Steering Committee in consultation with
the project manager can be established.
• The involvement of management at the appropriate times during the project by a clear
division of roles with associated responsibilities.
• Reluctance to provide interim guidance is only necessary to Prince2 deviations from the
plan (Management by Acceptation.
• Good communication channels between the project, project management and the rest of the
organization by the clear roles and clear reporting lines.
• Good assurance of interests and responsibilities. Safety is explicitly assigned to persons
outside the project. This is an extra pair of eyes to monitor the project.
Not the project, the goal counts.
In many projects going on road narrows to a single goal: within the pre-made frames of time
and money of the originally agreed end. In most studies, projects, even in this way evaluated.
It was recently found that 80% of ICT projects 2 times as long and 2 times the cost.
Prince2 suggests that, in fact, not always relevant or the project within the agreed time and
budget will be returned. What do you project as show that the result can not be used? If at the
beginning of the project the users want or maintenance of the new products is much longer
than intended? It is not about the project, is what to do with the project outcome is, how it is
used and managed and whether the investment is being recouped. May be practical at times
the project more time to devote to such a recovery as possible and eventually less money on
maintenance lost. Is not well have been able to?
It may happen that you demand from the project manager quote; may be a more little his will
answers with unequivocal happy. But it could also be that the project stops and a new project
set up, with a newly formulated goal (and thus a new business case). A successful project is a
project that produces a result that your original goal and the benefits outweigh the investment,
operational and maintenance costs. Prince2 is not intended as a set of rules, but as a means to
get the right decisions during the project.
Scalability.
Prince2 is actually a great checklist to help ensure the proper steps not to forget, and that
helps to take the sequence to continue. The purpose of Prince2 is not all the steps one by one
through management and requires all products to deliver. The method is not an end in itself
but a means to a better project to continue. Therefore, scalability and important starting point:
what you think or not to apply in the project. In short comply or explain. Organizations
Prince2 in spirit shall begin with the right people in the steering, a good business case that
during the project from the drawer auditorium, and ensure good cooperation between the
client and project management.