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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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How to Create a Project Initiation Document (Template Included)

ProjectManager.com

Before you can start a project — even before you can plan it — you first need to define the project in detail. That’s why a project initiation document (PID) is so important. To understand why, let’s define the term and compare it to other project documentation. What Is a Project Initiation Document (PID)?

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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. It was renamed PRINCE.

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How To Manage Project Tolerances (with PRINCE2 Guide)

Rebel’s Guide to PM

They define your zone of responsibility. The 6 Tolerances in PRINCE2. The two most frequently used tolerances are budget and time, although PRINCE2 offers you a choice of six tolerances: time, cost, scope, risk, quality and benefits. Benefit tolerances are defined as a range and will be part of the project’s business case.

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PRINCE2: An Introduction to the Project Management Methodology

ProjectManager.com

Project managers who aren’t based in the United Kingdom might not be intimate with the PRINCE2 method of managing a project, which is primarily used by the British government. Although foreign to some, there’s still much to be gained from the PRINCE2 method, even if it isn’t adopted in its entirety. What Is PRINCE2?

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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.