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Page 1: Explore PRINCE2 in the Project Management Kingdom

www.edureka.co/PRINCE2-foundation-and-practitioner

View PRINCE2 Foundation & Practitioner Certification course details at http://www.edureka.co/PRINCE2-foundation-and-practitioner-course-curriculum

For Queries during the session and class recording:Post on Twitter @edurekaIN: #askEdurekaPost on Facebook /edurekaIN

For more details please contact us: US : 1800 275 9730 (toll free)INDIA : +91 88808 62004Email us : [email protected]

Explore prince2 in the project management kingdom

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Agenda

An In this module we will understand:

® History

® Principles

® In numbers

® Benefits

® Themes

® Processes

® Qualifications

® The AXELOS portfolio

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What is PRINCE2® ?

BUDGETDesired targets met, on time every time. No surprises, just

seamless project management

TIMESCALEQUALITYProven methods and globally-recognized solutions, for total

success

Flexible enough to fit in with any budget – regardless of

project size

Standing for Projects IN Controlled Environments, PRINCE2 is the world’s most adopted project management framework, with over one million practitioners. It provides invaluable guidance that gives individuals and organizations alike the essentials of running a project.Best of all, PRINCE2 is easy to learn and flexible enough to adapt to all types of project.

• The PRINCE2 Definition of a project:

A temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case

• Key benefits of PRINCE2:

Ensures projects are delivered to agreed quality, within budget and timescale

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Each and every project you work on has a lot riding on it. Deadlines have to be met, solutions have to be found. That’s where PRINCE2 comes in.

In the fast-moving world of 21st century business, Governments and Business both benefit from the true global best practice standards delivered through PRINCE2.

So here’s the question: can you afford not to benefit from all that PRINCE2 offers you?

PRINCE2: Why not to miss ?

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History of PRINCE2

PROMPTIIProject Resource

OrganizationManagement and

Planning TechniquesA project

management method

developed by Simpact Systems

Ltd.

PRINCE2Projects IN Controlled

EnvironmentsPublished by the UK Government agency

CCTA,Projects in Controlled

Environments (PRINCE)became the UK standard for all government

information systems projects.

PRINCE2Projects IN Controlled

Environments 2An upgrade to PRINCE was

considered to be in

order and the development was contracted out but

assured by a virtual committee spread among 150

European organizations.

PRINCE2Major RevisionA major revision

has seen the method madesimpler and more easily

customizable, a common request

from users.

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Impressive Figures

Since first being developed in 1989, PRINCE2 has been successfully adopted by thousands of project managers around the world. Today, it is the most widely-used project management framework.

Over

150 countries

19 different

languages

£££millions seen

in ROI

In 2014, one PRINCE2 exam was taken every 3.5 minutes

There are over ONE MILLION PRINCE2 practitioners in over 150 countries in 19 different languages

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PRINCE2: improved project delivery, improved performance, improved business results

PRINCE2®Benefits

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Benefits: FOR AN INDIVIDUAL

Qualificationsrecognized

aroundthe worldHow to start

Your projects

How to improveyour delivery

How to close your

projects

How to structurea project

Structuredapproach

Clearly understand

your role

Terminology thatis common

Improve yourposition

PRINCE2: successful projectmanagement, improved project delivery, enhanced career advancement.

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PRINCE2® Integrated Environment

PRINCE2PRINCE2

PRINCE2

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Themes

Project roles and responsibilities are clearly defined, for truly seamless project management.

BusinessCase

Organization

Quality

RiskPlanning

Change

Progress

Project control mechanisms are

clearly set out for key project personnel.

A generic method based on proven principles, when you adopt PRINCE2, quality is assured.

Having a clear definition of a project’s

configuration management, issue

management and change control are key

to all you seek to achieve.

Sets out the justification for each and every project, clearly highlighting what is required and, crucially, when.

Risk analysis and management are key to any project’s successful delivery.

Specialist aspects of the project can be easily

integrated with the PRINCE2 method, for

true success.

7 crucial themes, limitless benefits:

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Principles7 key principles give you the reassurance, confidence of knowing that everything is covered – at each and every stage:

Focus onproducts

Manage bystages

Manage byexception

Learn fromexperience

Tailoring

Continued businessjustification

Defined roles andresponsibilities

Is there a justifiable reason for starting the project that will remain consistent throughout its duration?

PRINCE2 project teams should continually seek and draw on lessons learned from previous work.

The PRINCE2 project team should have a clear organizational structure and involve the right people in the right tasks.

PRINCE2 projects should be planned, monitored and controlled on a stage-by-stage basis.

PRINCE2 project have defined tolerances for each project objective to establish limits of delegated authority.

PRINCE2 projects focus on the product definition, delivery and quality requirements.

PRINCE2 is tailored to suit the project’s environment, size, complexity, importance, capability and risk.

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Processes1 Starting up a Project2 Initiating a Project3 Directing a Project4 Controlling a Stage

5 Managing Product Delivery6 Managing Stage Boundaries7 Closing a Project

Example of w

here process would fit into a four stage project

Stages of a project

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Qualifications

FOUNDATION – at a glance

The benefit of this core qualification is simple: to confirm you have sufficient knowledge and understanding of the PRINCE2 method to be able to work effectively with (or as a member of) a project management team working within an environment supporting PRINCE2.*

EXAMINATION – in more detail

• Multiple choice examination questions 

• 75 questions per paper 

• Five trial questions (not counted in scores) 

• Pass: 35 marks required (out of 70 available) – 50% 

• Closed book.

*The Foundation qualification is also a prerequisite for the Practitioner qualification.

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Qualifications

PRACTITIONER – at a glance

The purpose of the Practitioner qualification is to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor PRINCE2 in a scenario situation. A successful Practitioner candidate should (with suitable direction) be able to start applying the method to a real project – but may not be sufficiently skilled to do this appropriately for all situations.*

EXAMINATION – in more detail

• Multiple choice examination questions

• Objective testing

• Eight questions - 10 question items per question, each worth one mark

• 44 marks or more required to pass (out of 80 available) – 55%

• Two-and-a-half hours’ (150 minutes) duration, no additional reading time

• Open book exam (official PRINCE2 manual only).

*Individual project management expertise, complexity of the project and the support provided for the use of PRINCE2 in their work environment will all be factors that impact what the Practitioner can achieve.

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Qualifications

PROFESSIONAL – at a glance

The PRINCE2 Professional qualification is the next step for PRINCE2 Practitioners. This level will test your ability to manage a non-complex PRINCE2 project across all aspects of the project lifecycle.

EXAMINATION – in more detail

• Multiple choice examination questions

• Objective testing Two-and-a-half day residential Assessment Centre

• Group activities and exercises

• Based on a fictional project case study

• Assessment is against 19 individual performance criteria.*

*There is no written examination.

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For Practitioners & Registered Practitioners

®All PRINCE2® Practitioners should be re-registered within 5 years of their

original certification

®This Re-Registration comprises a 1-hour examination set at the same

standard as the Practitioner examination

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PRINCE2 Market Trends

®According to Popular Jobs site , itjobswatch.co.uk, the average pay for PRINCE2 Certified

Practitioners is 50,000 Pounds in the UK alone!

®Some of the top positions PRINCE2 Certified Practitioners include Project Director, Project

Coordinator, IT Project Manager etc.,

®As per Reports provided by PayScale.com, the demand for PRINCE2 Certified Practitioners with the

following data:

Designation Pay Bracket / Per AnnumProject Manager, Information Technology

$42,282 -$102,285

Senior Project Manager, IT $92,000 - $142,500

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PRINCE2 Foundation & Practitioner by Edureka

Course Details :

® Upcoming Batch on July 11th 2015, 4 Week Duration, Every Saturday & Sunday

® 32 Hour Online Class, 4 Mock Tests with Accredited Trainer from PeopleCERT with 15 years Global Experience in Project Management

® Contact [email protected] or call us at +91 8548849642 / 9535298159

Exclusive Offer for Webinar Participants

Avail 20% Discount till July 4th as Webinar Participant!

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LIVE Online Class

Class Recording in LMS

24/7 Post Class Support

Module Wise Quiz

Project Work

Verifiable Certificate

How it Works

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®Module 1

» PRINCE2 ® Integrated Elements

®Module 2

» Principles

®Module 3

» Themes

®Module 4

» Processes

®Module 5

» Tailoring PRINCE2®

®Module 6

» PRINCE2® Practitioner – Business Case Studies

Course Topics

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Questions

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