PRINCE2

7 Top Project Management Methodologies: Which Is Best?

Every project manager understands that choosing the right methodology is essential to getting the job right. While there are project management methodologies a-plenty, we have narrowed it down to seven popular ones and what they’re best suited for.

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A project management methodology is essentially a set of guiding principles and processes for managing a project. Your choice of methodology defines how you work and communicate.

Difference Between ITIL and PRINCE2 Certification

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What is ITIL?

The Information Technology Infrastructure Library (ITIL) is a set of useful practices for creating and improving an ITSM process. It is intended to help businesses manage risks, increase customer relations, establish cost-effective practices, and create stable IT environments for growth, scale, and change. In short, an ITIL Practitioner is an expert in continuously growing IT service development processes.

Top 5 Project Management Certifications

Project management is a very multifaceted method that is practiced by most organizations despite their employee base. Project management certifications have maintained a place in every top IT certification list for years. That's because project managers are significant to IT operations of all kinds. Whether you're interested in becoming an IT project manager or wish to add project management to the record of your soft skills, project management certifications will help you complement those skills, and, in accomplishment, improve your advantage.

Project Management Certifications, Project Managers, IT Certifications, PMP, CAPM, CSM, PRINCE2, PMI-ACP, Project Management Institute, PRINCE2 Foundation, PRINCE2 Practitioner, Project Management Professional, Certified Associate in Project Management, Certified Scrum Master, Agile Certified Practitioner,

With more and more businesses drifting towards structured project management, now is the time to ultimately get that certification and make yourself a key, worthy asset that the company will acknowledge for years to come. Almost any IT professional can avail from adding a project management certification to their list of IT certifications; confirming knowledge about how to plan, schedule, and budget, perform, present and then report on IT leadership. Here we have outlined top 5 project management certifications to advance your management career.

What are the Different Kinds of Project Management Methodologies?

Project Methodologies comprise guiding processes for those who are doing project management. The correct definition is that methodologies are not tooled specific, however, in today's software-reliant world, the truth is that the methodology and the organization's project management software tool are often heavily intertwined. A methodology is a model, which project manager’s work for the design, planning, execution, and accomplishment of their project objectives. There are different project management certifications to benefit different projects.

PMP methodologies

Agile Method

The Agile method attempts to bring quick, constant delivery of product to the customer. Whereas traditional methodologies such as the Waterfall method or other linear processes require detailed requirements that are defined at the beginning where the end product is what defined in the beginning. With Agile there is no well-defined end product at the onset. In Agile there is still a disciplined prioritization process, but the non-static requirements, flexibility, constant change, and regular communication approach this as part of the culture and process.

A Case Study on Implementation of Prince2 Methodology in Automotive Industry in Singapore

Introduction

The automotive industry in Singapore has developed since the establishment of Proton in 1986, followed by Perodua in1993 as a part of the National Car Project. The introduction of the National Car Project has given a boost to the development of components and parts manufacturing in Singapore. Currently, there are four local vehicle manufacturers including Proton, Perodua, Naza, and Moden as. In addition, there are nine motor vehicle assemblers and 343 components parts manufacturers in Singapore. Despite the fluctuation in automotive production, the vehicle production in Singapore tends to increase due to the rapid increase in domestic sales. The total vehicle production in 2008 is 441,678 vehicles as compared to 360, 105 vehicles in 200. From January to March 2008, the total number of vehicles production is 132,744.

A case study on PRINCE2 methodology

The Career Prospects of Project Managers!!

The long-term aspects of a job in project management are beneficial for many who owns the appropriate training and certification: relying on the business, certified Project Managers at the moment take pleasure in total income between $109,000 yearly.

jobs for Project Managers

Project Manager's Roles

Whether or not they realize it, all organizations require project management to one diploma or one other. With a proper training in project management, you’ll be capable of handling a projected workforce; put together an in depth, continuously evolving, and day-by-day project schedule; and precisely outline the scope of the project at hand. You’ll even be outfitted to make informed selections about project costs and budgets and maintain the project on observing; establish and mitigate the dangers related to the project; and guarantee there are sufficient assets for the project to succeed in a satisfactory conclusion. Lastly, it is possible for you to obviously outline the roles and obligations of every of your project workforce members and be confident that the project leads to a result that's not solely on schedule, inside finances, and inside the scope, but additionally of top quality.

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 the Job Opportunities for Prince2 Practitioner?

PRojects In a Controlled Environment (PRINCE2) is a strategy utilized in Project Management to enhance Project management skills. It additionally helps in gaining an efficient output. PRINCE2 has globally acknowledged certification for undertaking managers and future Project managers. This certification is extensively utilized in UK Authorities however of late it's used in non-public sectors additionally.

PRINCE2 Job opportunities

PRINCE2 Certification Levels

PRINCE2 Qualification constitutes entirely different ranges of Certification that are as follows:

PRINCE2 - The 7 Themes

There are 7 themes in PRINCE2, and for the Foundation examination, it's essential to know the purpose of every of them. Fairly than present the correct citation for the PRINCE2 guide, we'll paraphrase the needs and spotlight them in mild gray. The objects highlighted in daring are these that are mostly included in questions within the PRINCE2 Basis examination.

the 7 themes of PRINCE2

PRINCE2 states that themes are the elements of the challenge that should frequently be addressed all through the undertaking lifecycle. One other technique to clarify is by saying that Themes are information areas, so every Theme gives data (learn how to go about) in a particular space of undertaking administration, such because of the Enterprise Case, Planning, High quality, and so on.

PRINCE2 - The 7 Principles

PRINCE2 is based on these seven principles for a quite simple reason. Being principles-based, it signifies that the framework may be utilized to any form, measurement or sort of undertaking. On this approach, the rules might be universally utilized, each to a small in-house firm undertaking primarily based right here in London, or equally to an enormous worldwide assist undertaking spanning many borders commissioned by the United Nations.

7 Principles of PRINCE2

Best Practices

These ideas have additionally been confirmed and over a few years to be the simplest methods of managing tasks i.e. they're primarily based upon current finest practices in mission administration. This denotes they are often utilized immediately on initiatives, and the venture administration crew doesn't must "re-invent the wheel" by creating their very own undertaking administration methodology from scratch.

Let’s check out every of those rules.

1. Continued Business Justification

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