Widely recognized as the de facto standard for project management, PRINCE2 provides a framework that brings together disciplines and activities involved in successful project delivery.
Put together by Best Management Practice, project management specialists and a review panel of 150 public and private sector organizations, the end result is a best practice method whose unique flexibility ensures that it can be tailored to the precise needs of your organization and used successfully on a wide variety of projects.
PRINCE2 carries you through all the essentials for running a project, from planning to implementation, and delivery to measuring outcomes. Above all, it keeps your attention firmly focused on the business case, to ensure that the project delivers and develops in line with your needs.
PRINCE2 delivers in two main areas. It will help you manage projects in such a way as to deliver wide-ranging organizational benefits, including:
- Minimized risk of projects failing to deliver
- Reduced waste and increased productivity
- Higher levels of customer satisfaction
- Confidence to take on important change projects
Secondly, it offers a robust yet adaptable method that you can embed into your working practices and apply to a range of projects.
Processes within PRINCE2 are designed to adapt to projects of any size and take you from planning the project to delivering its products:
- Starting up
- Initiation
- Controlling a stage
- Managing product delivery
- Managing stage boundaries
- Closing a project
The PRINCE2 method is vender-neutral, easy to learn and embodies established and proven best practice from the wide cross-section of organizations who have contributed to its evolution since the 1980s. By adopting PRINCE2 as their project management method, businesses are in effect benefiting from lessons learned by other organizations over the last few decades.
Because PRINCE2 provides a greater control of resources and the ability to manage business and project risk more effectively, its appeal extends far beyond project management specialists to directors and executive board members.
The essential components of each stage of the project are described from start to finish. This offers:
- A common, consistent approach
- A controlled and organized start, middle and end
- Regular reviews of progress against plan
- Assurance that the project continues to have a business justification
- Flexible decision points
- Management control of any deviations from the plan
- The involvement of management and stakeholders at the right time and place
- Good communication channels between the project, project management, and the rest of the organization
- A means of capturing and sharing lessons learned
- A route to increasing project management skills of staff at all levels
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