A PRINCE2 project is planned, monitored and controlled on a stage-by-stage basis. Timings: 09:00 AM - 05:00 PM ET. : Project Plan, Business Case. PRINCE2 is a project management methodology developed by the government of the United Kingdom (UK) and used internationally, especially in information technology (IT) environments. PRINCE2 stands for PRojects IN Controlled Environments – a tried tested and proven framework for running projects. PRINCE2 defines five characteristics of project work that differentiates it from regular business activities. PRINCE2 ® places great emphasis on business justification. Generate a quote. Uncertainty - Because a project introduces change, one or more things may be changed or developed. Projects are described as unique, transient endeavours undertaken to achieve a desired outcome. 6. In PRINCE2, a project is defined as “a temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case.” Organizations set up and invest in projects in order to introduce change into their day to day “business as usual” activities. It is therefore important that the user is represented on the project board. Any time is a perfect time to sign up for one. Any project is not just a way to make or do something but it’s an opportunity to achieve some desired result by implementing a systematic management approach (for example, producing a product or sharing knowledge). 2.4 Manage by Stages. Management-by-exception – Prince2 says the project manager must report an exception to the project board when they expect the project to exceed an agreed tolerance. This can be either a internal or external supplier. Let’s take a closer look at at the characteristics of PRINCE2 ® Project Management. List 5 characteristics or projects and describe how each is different from business-as-usual activities. This intensive 3 day course will take you through the PRINCE2® 6th edition methodology including the Foundation examination, giving you the chance to gain an internationally recognised qualification. PRINCE2 ® Project Management. View Details. Business Justification. The PRINCE2 Foundation & Practitioner course is intended for project managers, directors and team leaders who wish to learn the PRINCE2 methodologies and want to manage projects. Dates: December 05,06,12,13 2020. Characteristics of projects include: introducing changes to the organization; has a definite start and end date (i.e. 7. PRINCE2™ (Projects in Controlled Environments), is one of the world’s leading IT project management methodologies. Each PRINCE2 ® project must have and maintain a strong business case for carrying it out. Accountability It makes people accountable by defining roles and responsibilities. The PRINCE2 Foundation training course will cover the following subjects: Understand key concepts relating to projects and PRINCE2®: Recall: the definition and characteristics of a project ; the six aspects of project performance to be managed ; the integrated elements of PRINCE2®: principles, themes, processes and the project environment 2. Originally developed specifically for IT projects, the PRINCE method takes a controlled and steady approach to project management, making it ideal for large scale projects while still being scalable to smaller ones. The characteristics of a project The project is a temporary situation, where a team is assembled to address a specific problem, opportunity or change that is sufficiently difficult than it … Initiating a project. Check out this article: What is PRINCE2? Stage boundary management . Qualify to become a PRINCE2 practitioner Teaches the basics of project management for any candidate at any stage of their leadership career. 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