article thumbnail

Who does what in Project Initiation in PRINCE2®

Rebel’s Guide to PM

Initiating a project is where it all starts in PRINCE2®. The Initiating a Project process is designed to “establish solid foundations” according to the 2023 Managing Successful Projects official manual, also known as PRINCE2 7. Create the project plan Next during project initiation, you create the project plan.

Prince2 339
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
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 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. Sustainability tolerance Sustainability tolerances are new for 2023 in PRINCE2 7.

Prince2 331
article thumbnail

Episode 185 – Redefining Project Success through Sustainable Project Management

Velociteach

Projects are instrumental in defining an organization’s vision for a more sustainable future. Dr. Joel Carboni talks about Sustainable Project Management, and the goal to achieve a stated objective while considering the project outcome’s entire lifecycle to ensure a net positive environmental, social, and economic impact.

article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

When to Use It: Another process developed initially for manufacturing and for software teams, the Kanban method has since expanded and has been used in human resources, marketing, organizational strategy, executive process and accounts receivable and payable. It was initially created by the UK government for IT projects.

article thumbnail

Scrum Master vs Project Manager — An overview of the differences.

Scrum.org

Looking at some of the well-known Project Management methodologies, such as PM-Bok or PRINCE2 , we find the following: The Project Manager manages a project on a day-to-day basis and is the only one with this day-to-day focus on the project. The Project Manager usually (preferred by PRINCE2) comes from the customer. Source: [link].

SCRUM 219
article thumbnail

Changing the Face of PM Training

Rebel’s Guide to PM

Go for something like PMP® or PRINCE2 and the choice is even greater. Craig has set up a review website for project management training and there’s a philanthropic initiative on the side as incentive to get people to write reviews. This sustainability model was inspired by three aspects. Craig Kilford has the answer.

Prince2 186