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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

What is PRINCE2®? PRINCE2® is a project management method. PRINCE2® stands for Projects IN a Controlled Environment (Version 2). Who is PRINCE2® for? PRINCE2® works in a huge number of industries and domains. It’s a predictive methodology, although PRINCE2 Agile ® allows for agile frameworks.

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How to manage project tolerances (with PRINCE2® 7 guide)

Rebel’s Guide to PM

They define your zone of responsibility. The 7 tolerances in PRINCE2® The two most frequently used tolerances are budget and time, although PRINCE2® offers you a choice of seven tolerances: time, cost, scope, risk, quality, sustainability and benefits. Let’s look at those individually.

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From Risks to Requirements – An Approach to Project Initiation

The IIL Blog

By Vincent Marguier October 4, 2023 Risk management is a dynamic component of any project, where risks—and opportunities—must constantly be assessed and monitored to deliver in the most successful way. This is where the project goes back onto its standard track by defining a more tangible Work Breakdown Structure.

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A How to Guide on Initiating a Project

Project Pulse Journal

Clear Objectives and Scope: One of the primary outcomes of a successful initiation phase is a set of clear objectives and a defined scope. During this process, the project sponsor will likely appoint the project manager to oversee the work's planning , executing , monitoring and controlling , and closing.

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How to Navigate the Project Environment Even if You’re New to Project Management

Project Pulse Journal

They include software tools (Asana, Jira, Monday, MS Project), project management methodologies like Agile or Waterfall, specific techniques for risk management (Monte Carlo Analysis), templates for documentation, and frameworks such as those articulated in the PMBOK or using PRINCE2. 2023, July). I trust that you experience the same.

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Project Executing: A "How to" Guide

Project Pulse Journal

Project execution leverages the processes required to complete the work defined in the project management plan and to satisfy the project requirements and specifications. Quality Eagle-Eye : Continuously monitor the quality of deliverables. What is the Executing a Project? Now go get’em! References Greenburg, D., Michalaka, D.,