PRINCE2 - Methodology

PRINCE2 i.e. Projects In Controlled Environments is a standard and systematic project management methodology, that is based on the vast experience drawn from various projects executed by companies globally.

PRINCE2 Methodology

PRINCE2 - A Structured Project Management Methodology

PRINCE2 (Projects IN Controlled Environments) is a process-based technique for effective Project Management. PRINCE2 is a de facto customary utilized by the UK Authorities, extensively recognized and practiced within the personal sector within the UK and internationally. Earlier than getting particular about PRINCE2, these are some common factors about Project management. They need to assist put every part into context.At any time when we wish to do one thing, construct one thing, obtain one thing or go someplace, we have to reply some questions:

  • What are we making an attempt to do?
  • When will we begin?
  • What do we want?
  • Can we do it alone, or do we'd like to assist?
  • How lengthy will it take?
  • How a lot will it value?

These are the same old questions requested at the beginning of any project, and the solutions are the constructing blocks of Project management. They outline what we need to do and the easiest way we will do it. Controlled Project Management is ordering the project into outlined steps to make it logical and organized. PRINCE2 is the written description of this strategy.

We all know from expertise that unorganized, poorly managed initiatives often go disastrously flawed. London Ambulance and Channel Tunnel publically skilled system failures and large overspend. Controlled project management strategies exist to forestall such disasters.

The PRINCE2 framework says that a project should have:

  • An organized and managed to begin, i.e. organize and plan earlier than leaping in.
  • An organized and managed center, i.e. maintaining initiatives organized and managed.
  • An organized and managed finish, i.e. once you've acquired what you need and the Project has completed, tidy up the free ends.

To explain what a project must do and when PRINCE2 has a sequence of processes. This cover all of the actions required for a Project, from the beginning as much as closing down.

PRINCE2 Project Management Roles

  • Project Manager
  1. The Project Manager takes on the accountability of organizing and controlling.
  2. The Project Manager will choose individuals to do the Project work and guarantee it is executed correctly and on time.
  3. The Project Manager attracts up the Project plans that describe what the project group can be doing and once they anticipate completing.
  • Consumers and Suppliers
  1. The client or govt pays for the Project.
  2. The consumer is the individual who's going to make use of the outcomes or result of the Project, or who might be impacted by the result of a project.
  3. On some tasks, the client and consumer will be the similar particular person. The Supplier or specialist offers the experience wanted to do the Project work (i.e. designing and constructing the result).
  4. All of them want to organize and to coordinate so that the project delivers the required consequence on time, on finances and as much as high quality.
  • Project Board
  1. Every PRINCE2 project has a Project board. It’s made up of the client (or govt), somebody representing the consumer side and somebody representing the Supplier side.
  2. In PRINCE2, they're the customer, senior consumer and senior Supplier respectively.
  3. The Project Manager lies commonly to the Project Board. The board is knowledgeable of progress and any foreseeable issues.
  4. The Project Board offers the Project Manager with a set of crucial choices. They decide how the Project will proceed and overcome its issues.

PRINCE2 Project Management Strategies

  • Project Assurance

Project assurance supplies an impartial view of how the Project is progressing. In PRINCE2, there are three views of assurance: enterprise, consumer, and specialist. Every view displays the pursuits of the three project board members.

Enterprise assurance is checking that the project stays viable in prices and advantages. Consumer assurance is checking that the customers' necessities are being met. Specialist or technical assurance ensures the Project is delivering an acceptable resolution.

On some tasks, assurance is completed by a devoted Project assurance group. In any other case, particular person members of the Project Board can do the reassurance job.

  • Project Support

On most initiatives, there's a whole lot of management work wanted: preserving everybody knowledgeable, arranging conferences, retaining plans up-to-date, chasing issues up, protecting information, and so forth. Project Managers typically do all this work themselves, notably on smaller tasks. If many initiatives are going on the similar time, a Project Assist Workplace could be setup to tackle some work.

PRINCE2 Scope

In at present's tasks, there are sometimes completely different teams of individuals concerned. They embody the client, some suppliers, and naturally the consumer. In Project management, scope means understanding what the Project ought to obtain and how one can do it. That is not at all times simple with all these completely different teams concerned.

PRINCE2 gives a typical language throughout all of the events. Bringing clients and suppliers collectively typically include project and contract management. These sides are exterior of PRINCE2. Nonetheless, the strategy recognizes the necessity for a Project's controls and breakpoints. That permits tasks to reach a contractual framework.

Controlling Change

The prince2  method additionally explains how to handle threat about quality and learn how to management change in the project. Threat management is about understanding what might go flawed and plan what to do if it does. Quality control is checking the standard of work done on the Project. That is both by testing it or by reviewing the work in a roundabout way.

There are all the time adjustments in the course of the lifetime of a Project. People change their minds, and different issues occur which have an effect on what the project is doing. PRINCE2 has a way of controlling the influence of adjustments. That is to stop the Project going off within the mistaken route. PRINCE2 Agile goes even additional. It integrates methodologies that make tasks extra versatile and responsive.

So, PRINCE2 is a method for managing projects. It helps you're employed out who to contain and what their tasks are. It provides you a set of processes to work using and explains what info to assemble alongside the best way. However, PRINCE2 does not do the be just right for you. It can not assure that your tasks can be profitable. Good initiatives, which give quality outcomes, on-time inside price range, rely upon the standard of individuals concerned. This contains everybody from Project Board right down to individual team members.