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PRINCE2 Project Management Explained

By Simon Buehring on 21 Jun 2019

Trainer explaining about PRINCE2 Project Management.

Introduction

PRINCE2 project management consists of:

1. PRINCE2 Methodology

Structured methodology guidance in the form of the official PRINCE2 manual (‘Managing Successful Projects Using PRINCE2® 2017 Edition’, ISBN: 9780113315338, 18 May 2017).

2. PRINCE2 Certification

Professional qualifications aimed at people either in the project management profession or seeking entry into the profession.

3. PRINCE2 Training

Hundreds of PRINCE2 courses take place every week somewhere in the world. That’s thousands of people studying to learn about PRINCE2 and gaining PRINCE2 project management qualifications.

4. PRINCE2 Practitioners

There are hundreds of thousands of active PRINCE2 professionals applying PRINCE2 in their daily jobs forming an active body of PRINCE2 practitioners.

PRINCE2 Project Management Methodology

The PRINCE2 is a principles-based project management method. Its principles are universal so they can be applied anywhere, anytime, on any project.

It provides guidance about managing core project management themes. Its themes cover business justification, organization, quality, risk, plans, change and monitoring progress. The themes enable the project management team to control the timescales, costs, quality, scope, benefits and risks on the project.

It also provides a project lifecycle model in the form of processes. These describe what decisions need to be taken, who is responsible for taking decisions, and when the decision should take place.

All the themes and processes in PRINCE2 are to be tailored appropriate to the scale, complexity and risk of the project. The PRINCE2 manual provides guidance on the full methodology (principles, themes, processes) and about tailoring the method.

PRINCE2 Project Management Certification

PRINCE2 project management qualifications are very popular. Since 1996 over 1.5 million PRINCE2 exams have been taken. This makes PRINCE2 the most popular project management certification anywhere in the world.

The 2 levels of PRINCE2 Project Management Certification are:

  • Foundation level – aimed at people working on projects
  • Practitioner level - aimed at people managing or directing projects.

PRINCE2 Project Management Courses

PRINCE2 Training Courses typically teach students the basics of the methodology. This is a requirement for passing the PRINCE2 Foundation exam.

Higher-level Practitioner courses teach people how to apply the methodology to a non-complex project scenario. Such a course will prepare students to pass the PRINCE2 Practitioner exam.

PRINCE2 Project Management Practitioners

Because PRINCE2 is a proven project management methodology, it’s widely practiced throughout the world. It’s popular because it provides many benefits both to individual practitioners and to organisations.

PRINCE2 Practitioners can take advantage of the AXELOS membership scheme. This is an online content subscription enabling members to apply best practices and develop their skills and knowledge.

PRINCE2 Project Management infographic

Infographic showing PRINCE2 project management is comprised of the PRINCE2 methodology, PRINCE2 certification, PRINCE2 training and PRINCE2 Practitioners.

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