PRINCE2 and PMBOK: How They Compare

Girl's Guide to PM

We were talking about PRINCE2®, what it means to get qualified and how it compares to the PMBOK Guide. She first took her PRINCE2 Practitioner exam in 2004. Elizabeth, what’s the story behind the PRINCE2 methodology? In brief, how does PRINCE2 work?

Should I take CAPM or PRINCE2?

Girl's Guide to PM

She asked whether she should take the Certified Associate in Project Management (CAPM®) or the PRINCE2 Foundation. Is it possible to take CAPM and then PRINCE2 Practitioner or are the standards different, she asked? PRINCE2® Practitioner, Online Course and Exam.

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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? PRINCE2 is an acronym for Projects IN Controlled Environments. History of PRINCE2. The PRINCE2 Methodology. PRINCE2 Roles.

Review Agile Governance and Audit

Henny Portman

Christopher Wright wrote the book Agile Governance and Audit – An overview for auditors and agile teams. Agile Governance and Audit gives a short introduction to agile, compares agile with waterfall and looks at audit and agile cultures. The author follows a project life cycle from idea towards a usable product including governance and control. This is where we now see PRINCE2 Agile, AgilePM, DAD or PMI Agile. To order (Bol.com): Agile Governance and Audit.

The PMI Talent Triangle: A Guide [for members and non-members]

Online PM Courses

The PMI Talent Triangle is a simple tool that reminds us all about the value of a broad range of professional skills. The most succinct – and possibly best known – articulation of that full range of capabilities is the PMI’s Project Management Talent Triangle. Just a Moment… Who or What is the PMI? If you don’t know who or what the Project Management Institute (PMI) is, take a look at this video before reading on.

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The Confusion Over Risk

Project Risk Coach

For projects, I recommend the PMBOK® Guide or PRINCE2 definition. PRINCE2 A set of events that, should they occur, will have an effect on achieving the project objectives. If so, adopt the definition to align with the governing organization.

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ITIL for Project Managers – Should you?

Online PM Courses

First, ITIL has a strong emphasis on the governance of IT. These twin concerns with governance and quality account for ITIL’s benefits to the organizations that use it. The UK Government sponsored the creation of ITIL in the 1980s, by the Central Computer and Telecommunications Agency (CCTA). It was the CCTA that, late in the 1980s also adapted the PROMPT project management methodology into what we now know as PRINCE2.

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What is a Senior Responsible Owner – SRO? | Video

Online PM Courses

The term ‘Senior Responsible Owner’ or SRO comes from the UK Government’s Program Management methodology, Managing Successful Programmes (MSP). It also appears in the related and far more widely known PRINCE2 methodology. PMI Talent Triangle: Leadership PRINCE2 Program Management Project Governance Project Management in Under 5 Project Sponsorship Managing Successful Programmes MSP Senior Responsible Owner SRO

2019 65

Agile Certification: Your Guide to the Large Array of Agile Qualifications

Online PM Courses

Major Project Management organizations with Agile Certification programs These include the PMI and other national and international project management professional associations. I have also included the Axelos PRINCE2 Agile qualifications here. I very nearly placed Axelos PRINCE2 Agile in here and could equally well have done so, but you’ll find that certification discussed in my Tier 2 section. In this category, I’ve also included Axelos, the owners of PRINCE2.

Is Hybrid Really a Popular Project Approach?

Girl's Guide to PM

Iterations are perfect for developing solutions like a website, and the structure of an over-arching program framework provided the governance and schedule expectations that executives wanted to see. What is hybrid project management?

2021 370

Scope Management Plan: Everything You Need to Know

Online PM Courses

This is a schematic version of how the PMI represents it in the 6th Edition of its Project Management Body of Knowledge (PMBoK). A note for PRINCE2 Practitioners. And what governance will you set over your change control process ? You will also need involvement from your sponsor and the governance tiers of your project. What has Project Governance Ever Done for Us? The highlighting of work is mine, not PMI’s. Again, my highlights, not PMI’s.

2018 81

Project Cost Management – The Essential Things to Know and Do

Online PM Courses

The governance considerations for project cost management. The Project Management Institute’s (PMI’s) Project management Body of Knowledge (the PMBoK) has Project Cost Management as one of its ten Knowledge Areas (or KAs). The PMBoK calls this ‘reserves’ Governance of Project Expenditure. The PMI’s PMBOK is weak on governance throughout. This is why you need a Project Cost Management Plan and good governance.

Top 5 Project Management Certifications To Become A Great Project Manager!

The Lazy Project Manager

PRINCE2. PMI-ACP. PRINCE2. The PRINCE2 certification course is another important project management credential project managers can take. was first introduced for the government offices of UK. PRINCE2 is accredited by AXELOS and focuses on managing, directing and delivering projects throughout all phases from pre-project to initiation, delivery, and the final delivery. About the PRINCE2 Certification exam structure. PRINCE2 Foundation.

2018 93

The State of Ethics in Project Management – Your Reputation in 2020

Project Management Five

My focus on this publication spans four major certifying bodies, PMI, APM, PRINCE2, and never to be left out, AIPM (everyone loves Australia!). And if you’re really into reading, I’ve left what I consider the critical statements from each of the governing bodies at the bottom (less that of PRINCE2. Here are three of the significant certifying governing bodies’ take on ethics as a project manager. Ethics is an enigma in today’s world.

2020 40

10 Places to Get Free Project Management Templates

Girl's Guide to PM

If you are a PMI member, you’ll get access to the resources marked Premium as well, so that’s an added bonus. The Infrastructure & Projects Authority (IPA) arranges and manages project assurance reviews for the UK governments’ complex and high risk projects. PRINCE2 Templates from Axelos. If you work in a PRINCE2 environment, you’ll be aware that it’s quite document heavy! You’ve got responsibility for a project.

2019 317

Review: A Guide to Assurance of Agile Delivery

Henny Portman

Like the other book I reviewed ( Agile Governance and Audit ), this book too focusses on temporary project organizations using an agile way of delivery (compare PRINCE2 Agile, AgilePM, DAD, PMI Agile where we have agile teams using e.g. Scrum) and not on organizations using e.g. SAFe, LeSS or Nexus. Governance starts with an overview of generic governance topics that are applicable too for agile projects.

Transforming to an Agile Enterprise

International Institute for Learning

Everybody’s incentives are governed more by their contribution to overall customer value rather than their individual output. About the Author Sandeep Shouche (PMP, PgMP, PMI-ACP, CSM, CSP, [ASM.EN], ITIL Expert, PRINCE2) is an expert in the areas of project, program management, Agile methodologies and IT Service Management. By Sandeep Shouche Most executives will hear the Agile buzzword and ask their teams to “do this agile thing.”.

Agile 65

APM Salary and Market Trends Survey 2017 – A Review

Arras People

The last time I reviewed the PMI Earning Power report they had a response rate of over 29,000. The other suspicion is that the comparison would not paint the picture required by a marketing organisation, after all in their 2015 report, they told us that the APMP was more popular than PRINCE2 in the UK! PM Governing Bodies / Organisations Project Management Benchmark Reports APM PMBR Salary Survey

2017 151

APM Salary and Market Trends Survey 2017 – A Review

Arras People

The last time I reviewed the PMI Earning Power report they had a response rate of over 29,000. The other suspicion is that the comparison would not paint the picture required by a marketing organisation, after all in their 2015 report, they told us that the APMP was more popular than PRINCE2 in the UK! PM Governing Bodies / Organisations Project Management Benchmark Reports APM PMBR Salary Survey

2017 150

100+ Project Management Statistics & Facts To Remember in 2019

ProProfs Project Management

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2019 85

Becoming a Project Manager – A Complete Guide for 2018

Paymo App

Project management methodologies – Agile, Waterfall, PRINCE2, PRiSM, Six Sigma, Critical Path, and many more. Perhaps one of the most commonly known project management certifications, the Project Management Professional certification, provided by the Project Management Institute (PMI), sets the standards for project management. For Europe, you might want to look for a PRINCE2 certification. The PRINCE2 Certification. PRINCE2 Practitioner. PMI’s PMBOK.

2018 87

What is a Project Management Certification? And Why Do I Need It?

The IIL Blog

By Anselm Begley, PMP, PRINCE2, CBAP, CSM, APMG Managing Benefits. To achieve certification, candidates need to meet certain eligibility requirements and pass a certification exam developed by a governing body or professional association, such as the Project Management Institute (PMI)®, and the exam content corresponds to a global standard – such as PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide). PRINCE2® – developed by AXELOS in the UK.

Myth: You Can't Do Projects With Scrum

Scrum.org

Interestingly, the Project Management Institute (PMI) defines a project as “a temporary endeavor undertaken to create a unique product, service or result”. Plan-based approaches like PRINCE2 and PMI rely more on upfront planning and governance to control risks.

2020 78

The Complete Glossary of 614 Project Management Terms

Workamajig

Audit: The process of analyzing a project to ensure that it is being governed as intended. Certified Associate in Project Management (CAPM) : A certificate in project management basics offered by Project Management Institute (PMI). Project management terminology can be complicated.

2021 78

Do You Actually Need a Project Management Certification?

ActiveCollab

Degrees are awarded by universities and governments, take much longer to complete, and require students to take general education courses in addition to profession-specific ones. After it, there are PRINCE2, SAFe, CAPM, ITIL, CSM, and others. There’s also CAPM (Certified Associate in Project Management), which is a lite version of PMP and is easier to obtain (they are both issued by PMI).

Complete Collection of Project Management Statistics 2015

Wrike

3% use PRINCE2. [4]. Government – Federal. Government – City/State/Local. Number of PMI Certified Project Managers: Total Number of PMP credential holders: 607,128. # PMI Agile Certified Practitioner holders: 5,265. [14]. Need up-to-date facts and figures for a project management report, article, or infographic? Browse this collection of project management statistics collected from studies and reports from the past five years.

2015 49

Risk Management Resources

Herding Cats

Overcoming Barriers in Assessing Risk Probabilities,” Tom Kendrick , 2012 PMI Global Congress Proceedings , 2012. Handling Uncertainty in Large Scale Systems with Certainty and Integrity,” Shinya Kikuchi and Vijay Perincherry, “The Flaw of Averages in Project Management,” Philip Fahringer, John Hinton, Marc Thibault, and Sam Savage, PMI Virtual Library, 2011. Risk Management is essential for development and production programs.

Risk 35

A Compendium of Risk Management Resources

Herding Cats

Overcoming Barriers in Assessing Risk Probabilities,” Tom Kendrick , 2012 PMI Global Congress Proceedings , 2012. Handling Uncertainty in Large Scale Systems with Certainty and Integrity,” Shinya Kikuchi and Vijay Perincherry, “The Flaw of Averages in Project Management,” Philip Fahringer, John Hinton, Marc Thibault, and Sam Savage, PMI Virtual Library, 2011.

2012 33