PRINCE2 stresses that a project should have a valid business case. The purpose of the Business Case is to judge whether the project is (and remains) desirable, viable and achievable. Which aids to support decision making in projects continued investment. The business justification is the reason for the project. it should be recorded in a […]
Read MoreManaging risk on project is a very tricky and skillful task. PRINCE2 defines risk as an uncertain event or set of events that, should it occur, will have an effect on the achievement of project objectives. In the context of a project, it is the project’s objectives that are at risk. These project objective will […]
Read MoreOut of 7 Principals in PRINCE2, principle to focus on product is very important from planning prospective. Based on focus on product principal Product based planning technique is used. The idea behind using Product based planning technique in PRINCE2 is to ensure that the scope of the work is known for a Stage or Sprint. […]
Read MoreWhen adopting PRINCE2 for any organisation following considerations have to be kept in mind. While embedding, PRINCE2 has to be tailored for the organisation. Changing the way people work: To gain stakeholders support, change management approaches should not just involve training, but may also include coaching, mentoring, stakeholder engagement, marketing and communications activities to embed a real […]
Read MorePRINCE2 (Projects in a Controlled Environment) is a structured project management method based on experience drawn from thousands of projects – and from the contributions of countless project sponsors, Project Managers, project teams, academics, trainers and consultants. In Prince2 product description has a very important place. Let us understand it. The Project Product Description The Project Product […]
Read MorePRINCE2 is a process-based approach for project management. A process is a structured set of activities designed to accomplish a specific objective. It takes one or more defined inputs and turns them into defined outputs. There are seven processes in PRINCE2, which provide the set of activities required to direct, manage and deliver a project successfully. The 7 […]
Read MorePRINCE2 (Projects in a Controlled Environment) is a structured project management method based on experience drawn from thousands of projects – and from the contributions of countless project sponsors, Project Managers, project teams, academics, trainers and consultants. The PRINCE2 method addresses project management with four integrated elements · The principles: These are the guiding obligations and good practices which […]
Read MoreWhat is PRINCE2®? PRINCE2® is a globally recognized Project Management method developed by the Cabinet Office UK.PRINCE2®’s stands for Projects in Controlled Environment.PRINCE2® is a flexible Project management method that guides you through the essentials for managing successful projects, regardless of it’s scale & type.It is built upon seven principles, themes and processes. PRINCE2® can […]
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