Remove Certification Remove Closing Remove Governance Remove Risk
article thumbnail

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

The History of PRINCE2® PRINCE2® is part of the best practice guidance that came out of the UK Office of Government Commerce. A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979. You’ll record your risks is a risk log.

Prince2 358
article thumbnail

Managing Project Assumptions and Risks

The IIL Blog

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

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 and PMBOK: How They Compare

Rebel’s Guide to PM

First came PRINCE in 1989 as the UK government standard for IT project management. In 2020, AXELOS, the awarding body for the PRINCE2 family of certifications, launched a version specifically aimed at the US market, with relevant vocabulary and case studies. PMI regulates the PMP certification. In brief, how does PRINCE2 work?

Prince2 422
article thumbnail

What Is a PMO Director? Role, Responsibilities & Salary

ProjectManager.com

They lead the strategic planning and project governance for the organization and define the project management methodologies that are used to manage those projects. They standardize best practices and oversee related business administration, risk management and change management. The responsibilities of a PMO director are varied.

PMO 347
article thumbnail

Managing Project Assumptions & Risks

Velociteach

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

article thumbnail

Business Project Management Basics

ProjectManager.com

They should have experience, leadership skills and certifications that can help differentiate themselves. Compliance Projects A compliance project, as the name suggests, is done to keep a business in compliance with an industry or government regulation or standard. Most must have a bachelor’s degree, at least, in a related field.

article thumbnail

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

PRINCE2 is part of the best practice guidance that came out of the UK Office of Government Commerce. A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979. PRINCE2 fits in with the Management of Risk® guidance, also from Axelos.

Prince2 197