|
PRINCE® (Projects in Controlled Environments), is a widely used
project management method that navigates you through all the essentials for
running a successful project. Since its introduction in 1989 as a UK
government standard for IT project management, PRINCE has been taken on by
both the public and commercial sectors and is now recognized as a de facto
standard for project management.
Standards are enforced by the UK Government's
Office of Government Commerce [OGC]
PRINCE is a flexible method and although originally designed for the
management of IT projects is now aimed at all other types of projects too.
The latest version of the
PRINCE method is PRINCE2 which was driven by user based improvements,
project management specialists and a review panel of 150 public and private
sector organisations. This end result is a generic best practice tool which
is flexible enough to be tailored to your organisation and used successfully
for all types of projects.
How does PRINCE2 work?
The PRINCE2
series consists of a range of linked publications covering everything from
business benefits to people issues. Along with all other OGC guidance, they
share a common vocabulary and way of approaching projects.
What can PRINCE2
Deliver?
Firstly, it will help you manage projects so that they
deliver the greatest possible organizational benefits.
These include:
• Minimized risk of project failure
• Reduced waste and
increased productivity
• Higher levels of customer satisfaction
•
Confidence to take on all change programs
Secondly, the framework is
scalable, systematic and can be used for a huge variety of different
projects. It takes you through key project stages: starting up, initiation,
controlling a stage, managing product delivery, managing stage boundaries
and closing a project.
Who uses PRINCE2?
PRINCE2 has been
adopted by hundreds of organisations worldwide. Equally applicable to large
and small organisations in the public and private sectors, clients include:
• Barclays
• British Telecom
•
GlaxoSmithKline
• Ministry of Defence
The key features of
PRINCE2 are:
-
Its focus on business justification
-
A defined organization structure for the project management team
-
Its product-based planning approach
-
Its emphasis on dividing the project into manageable and controllable
stages
-
Its flexibility to be applied at a level appropriate to the project.
-
PRINCE2 is customizable
-
PRINCE2 is scalable to any Project.
-
PRINCE2 has been a standard for 20 years
-
PRINCE2 Identifies the Risk in Projects prior to start up
| 
