PRINCE2 Overview

MDP369 - PRINCE2® Overview

Course description
The PMBOK® – while providing encyclopedic coverage of project management – still requires its practitioners to employ a project management methodology so that work can be planned, performed and controlled effectively. In the UK, Europe and in over 150 countries worldwide, the PRINCE2® project management methodology is the methodology of choice to identify and organize the key elements – from the PMBOK® and other sources – that are critical to project success. PRINCE2® offers a common sense, realistic approach to the managing of projects of all sizes. It is a process-based methodology that highlights how eight particular Components, when understood and effectively addressed, can additionally reduce risks in all types of projects. While PRINCE2® is based in the same ground as the PMBOK®, it spotlights a number of areas to concretize PMBOK®, and answers the question “how do I apply these concepts in my projects?” This Presentation will provide a overview of the PRINCE2® method, review the major elements (and their particular benefits) of the methodology, and provide practical examples of how PRINCE2® can improve the success rate of all Project Managers, working on all types and sizes of projects.

Who should attend
Project managers at organizations that use PRINCE2®, and would like to know more about it before they commit themselves and/or their staffs to the PRINCE2® Foundation or Practitioner courses. Senior managers considering PRINCE2® in their organization, who would like to understand it from a “need” direction.

What you will achieve

• A full understanding of the scope of PRINCE2®;


• Knowledge to distinguish between PRINCE2®’s Processes, Components and Techniques;


• Be able to describe what each of the specific elements of PRINCE2® does (Processes, Components, Techniques), and how each element can help you in your role as project manager;


• Understanding of how the methodology can be of value to an organization and its senior managers, to improve the success rate of projects

What you will learn

• The major elements of PRINCE2®


• How PRINCE2® differs from other methodologies


• Key terms and concepts in PRINCE2®


• How PRINCE2® adds value to project management at the organizational level and for the project manager


• The eight Processes, eight Components and three Techniques: why they are included and the benefits they provide


• The applicability of PRINCE2® to real-life projects