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Benefits of PRINCE2 and Principles and Themes of Managing a project based on PRINCE2
History of PRINCE2
Who uses PRINCE2
The Definition of a project based on PRINCE2
A project is a temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case.
Characteristics of a project:
Change Ј»Temporary Ј»Cross-functional Ј»Unique Ј»Uncertainty
The Definition of a project management based on PRINCE2
Project management is the planning, delegating, monitoring and controlling of all aspects of the project, and the motivation of those involved, to achieve the project objectives within the expected performance targets for the time, cost, quality, scope, benefits and risks
What is it project manager wants to control?
Six aspects of project performance to be managed:
Costs Ј»Timescale Ј»Quality Ј»
Scope Ј»Risk Ј»Benefits
PRINCE 2
Non-proprietary method and has emerged worldwide as one of the most widely accepted methods for managing projects.
Truly generic: it can be applied to any project regardless of project scale, type, organization, geography or culture.
The Structure of PRINCE2
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Lack of agreement and failure | | | Expected Dis-Benefits |