What is PRINCE2?
What is PRINCE2?

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What is PRINCE2?

PRINCE2®, an acronym for Projects in Controlled Environments, in fact, is a process-based method to manage any project effectively.

One of the frequently-used project management methods, PRINCE2® is used by many people and organizations from various sectors and industries. It is practical, flexible, and innovative. Whatever project it may be, whether it is about constructing a flyover, developing software, or even putting forward an advertising campaign, the themes, processes, and principles of PRINCE2®  will help you realize all of them. This method belongs to the public domain.

PRINCE2® (Projects IN Controlled Environments) is a project management methodology that follows a process based approach for providing scalable and tailored solutions for all types of projects. The standard has been developed by the Government of United Kingdom and is used internationally in all IT environments. PRINCE2® allows making best use of the proven practices encompassing various industrial backgrounds. As such, it defines the decision making points and documentation templates for the whole project. The PRINCE2® certification consists of two exams, Foundation and Practitioner that enable project team members to better judge and interact with project requirements.

ThePRINCE2® certification has been continuously developed to suit changing international standards. The course material therein can contribute significantly to the individual’s recognition as an expert project management professional. More number of professionals are looking to benefit from the certification in more than one way. It is the most valued accreditation used extensively within the UK and several multinational corporate.

Features of PRINCE2®:

  • Focus on business justification
  • Defined organization structure for the project management team
  • Product-based planning approach
  • Emphasis on dividing the project into manageable and controllable stages
  • Flexibility that can be applied at a level appropriate to the project.

History of PRINCE2®

PRINCE2® originated from PROMPT II (Project Resource Organisation Management Planning Techniques).

PRINCE was originally based on PROMPT, a project management method created by Simpact Systems Ltd in 1975, and adopted by CCTA in 1979 as the standard to be used for all Government information system projects.

In the year 1989, a version of PROMPT II was adopted as a UK Government standard for information systems (IT) project management by CCTA, Central Computer, and Telecommunications Agency. In June 2010, the Office of Government Commerce Best Practice Management functions moved into the Cabinet Office.

However, it was renamed in a Civil Service competition to ‘Projects IN Controlled Environments’. In a short span of time, PRINCE was applied even outside the IT environment, both in the UK Government and private sectors.

On PRINCE being launched in the year 1989, it effectively superseded PROMPT within Government projects. PRINCE remains in the public domain and the crown holds its copyright. PRINCE2® was published in 1996, having been contributed to by an association of some 150 European organizations.

PRINCE2® was released in the year 1996 as a common project management method.

Since then, it has gained increasing popularity, and now it is a de-facto standard for project management in many UK Government departments and across the United Nations systems as well.

After being revised again in the year 2009, the acronym was changed, this time to ‘PRojects IN a Controlled Environment’.

Ever since PRINCE2® was launched (1996), it has undergone two significant revisions:

  • ‘PRINCE2® : 2009 Refresh’ in the year 2009
  • ‘PRINCE2®:  2017’ Update in 2017

History of PRINCE2®

The PRINCE2® guidelines are specifically based on seven specific principles, seven themes, and seven processes.

Seven principles:

  • Continued business justification
  • Learning from experience
  • Management by stages
  • Defining roles and responsibilities
  • Focusing on products
  • Management by exception
  • Customization

Seven themes:

  • Business care
  • Quality
  • Organization
  • Change
  • Risk
  • Plan
  • Progress

Seven processes:

  • Starting Projects (SP)
  • Initiating Project (IP)
  • Directing Projects (DP)
  • Controlling the Stage (CS)
  • Managing State Boundaries (SB)
  • Product Delivery (PD)
  • Closing Projects (CP)

If you want more details regarding the history of PRINCE2®  and the two PRINCE2® certifications, foundation and practitioner that enable project team members to better judge and interact with project requirements,

Which are the most popular regions for PRINCE2®?

As you came to know in the section above, PRINCE2® was born in the UK, and later on, this methodology took many regions of the world by storm. Its simple, yet effective themes, processes, and terminologies have brought a new perspective in the world of project management.

Till date, the UK has more PRINCE2® certificate holders than any other country across the globe. But now, there are more certificate holders across the rest of the world.

According to the Axelos 2016 report:

88% of PRINCE2® certificate holders said it had been valuable to their career

85% of practitioners stated that PRINCE2® certification has been useful current role

Over 80% of professionals surveyed see the value of working in an agile way.

Meanwhile, along with the massive global presence and momentum of PRINCE2®, there are already many established countries that adopted PRINCE2®

Here are the most traditionally popular PRINCE2® regions:

  • UK
  • The Netherlands
  • Australia
  • Eastern and Western Europe – Poland, Denmark, Germany

It has been some years now, and PRINCE2® has really strengthened its grip in the economic market of superpowers like India and China. In the year, 2012, PRINCE2® examinations in India increased by 168%. A year later, the increase in the rate of examination in China overtook India. These figures look perfect for the project managers. China and India both are ambitious nations and it makes complete sense about why they have adopted PRINCE2® methodology for their projects.

TrainingsDirect offers trainings & certification programs in ITIL® 4, DevOps, PRINCE2®, PMP®, AgileSHIFT, AWS Cloud, Azure Cloud, Google Cloud, Data Science (Statistics + Machine Learning), Professional Scrum Master, Business Relationship Management Professional (BRMP®), Professional Cloud Service Manager (PCSM), COBIT®, TOGAF®, Six Sigma All Levels, and many more trainings in leading business practices & emerging technologies, endorsed by leading global professional bodies

TrainingsDirect is Associated with PeopleCert & offers:

Prince2 Foundation https://www.1worldtraining.com/courses/prince2-foundation-official-peoplecert-certification/

Prince2 Practitioner https://www.1worldtraining.com/courses/prince2-practitioner-official-peoplecert-certification/

prince2 Foundation and Practitioner https://www.1worldtraining.com/courses/prince2-foundation-and-practitioner-certification/

Project Management Professional PMP https://www.1worldtraining.com/courses/project-management-professional-pmp-certification-training/

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