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 358
article thumbnail

How to manage project assurance (with PRINCE2 guide)

Rebel’s Guide to PM

They might also advise the project manager on how best to do particular project management techniques like communication management , risk management , quality management and change management. In PRINCE2 environments , it is specifically called out that project board members are accountable for assuring their particular areas.

Prince2 350
Insiders

Sign Up for our Newsletter

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

article thumbnail

How To Manage Fixed Date Projects in PRINCE2®

Rebel’s Guide to PM

Planning is an essential part of what project managers do, so you would expect there to be some mention of how to deal with fixed date projects in the PRINCE2® manuals. PRINCE2® Practitioner, Online Course and Exam. A comprehensive and accredited PRINCE2® Practitioner online course, including exam voucher and simulator access.

Prince2 399
article thumbnail

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

Rebel’s Guide to PM

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. For example, let’s say the financial value of all the project risks should not exceed 5% of the project budget.

Prince2 331
article thumbnail

How to Choose a PRINCE2 Course Online

Rebel’s Guide to PM

You’re looking for the best PRINCE2 course online. In this article, I’ll share what to look for in an online training provider and how to choose the right PRINCE2 certification course for you. TL;DR: The training provider I think is the best online PRINCE2 training is Management Plaza, led by expert trainer Frank Turley.

Prince2 378
article thumbnail

The Confusion Over Risk

Project Risk Coach

Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Let's clarify what we mean by the term risk. Risk is a Choice Merriam-Webster defines risk as “the possibility of loss or injury: peril.” Provide examples.

Risk 418
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