article thumbnail

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.

Prince2 363
article thumbnail

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.

Prince2 334
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. It was renamed PRINCE.

Prince2 197
article thumbnail

Unlocking ITIL4: Defining Value and Navigating Career Growth

The IIL Blog

In this article, we explore the foundational concepts of ITIL 4 and discuss how the ITIL framework has supported their career progression. The ITIL certification scheme provides a defined learning path benefiting the individual at each designation. Why ITIL and what’s in it for you? Can it support career progression?

Defining 167
article thumbnail

A practical guide to quality management, assurance & control

Rebel’s Guide to PM

I’ll also link the practice back to the PMBOK® Guide and Managing Successful Projects, the latest PRINCE2 manual. The activities include: Identifying the deliverables (which PRINCE2 calls products) and documenting expectations around customer satisfaction about what quality standards they will adhere to.

article thumbnail

Book review: Risk Happens

Rebel’s Guide to PM

Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Clayton defines it as 3 things: Processes to make the project more predictable Tools to deal with the real world as it happens Behaviors and attitudes that allow us to cope when change does happen. Mike Clayton.

Risk 378
article thumbnail

Project Management and Leadership – can you have one without the other?

Rebel’s Guide to PM

Companies tend to adopt a project management method such as PRINCE2® to ensure that everyone works to the same framework. Beyond training in how to define and execute a project and how to form a team, there are a number of other skills that contribute to success as a project manager. So what are the differences?