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The following article was published in our article directory on September 12, 2016.
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Getting to Know PRINCE2

Article Category: Education

Author Name: Dr Bello Omololu Ed.D

Getting to Know PRINCE2

Planning to complete a project, but don't know how to get it done? PRINCE2 will help you finish whatever task it is you need finished.

What is PRINCE2?
Projects In Controlled Environments Version 2, or more popularly known as PRINCE2, is a method derived from various processes that have been proven to be effective for project management. It's used in the private sectors not only in the UK but also in other countries worldwide.
This method will teach you to separate management aspects from design and construction; it'll help you improve your skills in organizing various areas e.g. mergers, acquisitions, business changes and product development.

PRINCE2 Principles
PRINCE2 methods are largely based on seven principles, namely:
• Continued business justification - Do you have valid reasons for starting your project, and will these reasons be valid for the entire length of your project?
• Learn from experience - You should be able to learn from your previous projects, and implement what you've learned on your future tasks.
• Defined roles and responsibilities - There should be a clear organizational structure; everyone should be assigned their proper tasks according to their capabilities.
• Manage by stages - The tasks must be carefully planned, monitored and controlled in every stage.
• Manage by exception - Every project should have defined tolerances that helps in establishing limits of authority.
• Focus on products - The project should focus on the product itself – its definition, delivery as well as quality requirements.
• Tailor to suit the project environment - PRINCE2 is specially made to fit into a project's size, environment, importance, capability, complexity and risk.
You have to incorporate all principles for it to be a PRINCE2 project.

Qualifications for PRINCE2
There are two certification levels for PRINCE2: Foundation and Practitioner.
• Foundation - This qualification will guide you about principles and terminology; it'll also measure your capabilities of being a PRINCE2 member who knows how to use its methodologies. You can either learn the Foundation qualification on its own, or as a prerequisite to the Practitioner qualification.
• Practitioner - This allows you to incorporate the PRINCE2 concepts to the actual management of a project, and gives you the opportunity to attack needs and concerns of a particular scenario in a project. Once done with this qualification, you will then know how to use PRINCE2 methods in a specific task. There are various prerequisites before taking PRINCE2, such as the Foundation qualification, as well as IPMA Levels A-D.

Why Choose PRINCE2
Learning PRINCE2 is ideal; you can actually apply what you've learned to any kind of project. It's widely acknowledged and understood, hence promoting effective communication. Every team member understands the task he needs to accomplish because of the method's clear delegation of roles and responsibilities.
Being a structured approach to managing projects, PRINCE2 is ideal to deal with tasks with defined framework. It gives you guides not only on designing and supervising but also on coordinating the people involved with it.
Bottom Line
Going for PRINCE2 is ideal for your tasks; it helps you achieve skills in managing projects within your workforce. You'll supervise your resources better, and even handle your risks effectively. Aside from committing fewer mistakes as days pass, you'll also be efficient with your tasks, and you end up saving money and energy.

Keywords: prince2

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