PRINCE2 – So how does It Help?
What many of the folks don’t seem to understand is that even PRINCE2 evolved out of the best practices? More over idea development part of PRINCE2 came from the private sector. The method was later procured by the UK government to their credit, while they ensured it remains compatible with the private sector projects.
There is another widespread misconception that PRINCE2 is ideally suitable only for large projects. However as you start going through the manual pages, you will realize how robust and scalable the entire framework and structure is. This makes it an ideal candidate that can be tailored to any project size for any industry.
A peep into the past 15 years will show that PRINCE2 organization has applied (or at least attempted to do so) in much heavy handed manner. As you go through the manual pages you will also realize how overly bureaucratic it all sounds. Any such perception gives a clear view that it has been used without tailored to the requirement. Increasingly IT companies are adopting Agile development environment, PRINCE2 is designed in a way that it can be easily adapted to Agile environment.
Before we jump into discussing the benefits of PRINCE2 Certification, I would like to clear one more misconception and that it adds an additional layer of project management and thereby increases overhead. This statement is wrong outright as the essence of PRINCE2 is project management!
Applying PRINCE2 to accelerate your chances of project success
• The role and responsibility for the individual can easily be defined in PRINCE2. The project board executive role holds ultimate authority and ensures the actions are implemented and the decisions are made for the right reasons.
• PRINCE2 employs product based planning approach in determining the details of the task and activities. This approach is logical and effective and ensures that project scope is well planned and understood.
• The quality criteria for each of the products or deliverable are defined clearly. While defining the quality criteria, it is also taken into account how each of the criteria will be measured.
• There is a provision for decision points, these are placed strategically towards the end stage to ensure right people are involved. These people have to take informed decisions, about whether the project should be carried forward or should be stopped or does it require any changes in the specification to meet the objective.
• There are also control points to track the progress for ensuring decisions are made in a timely matter.
• The program is structured in way which facilitates continued review even during while this key document is being reviewed. The business case describes measurable benefits and strikes a right balance between the risk and the cost to ensure business case viability is maintained at all times and is good enough to base key management decisions to decide whether project should be continued, discontinued or requires modification.
• Since PRINCE2 is flexible, it can easily be adapted with tailored approach to suit different types and size of the projects operating under varied environments.
Skillogic Knowledge Solutions is one of the best training centers for PRINCE2 certification and providing training in Hyderabad, Bengaluru, Mumbai, Delhi, Chennai and Pune. If you are looking for PRINCE2 training in Hyderabad, visit Skillogic Knowledge Solutions.