- 4th Floor, Plot No-90, Sector 44, Gurugram-122003, Haryana, India
[kc_row use_container=”yes” force=”no” column_align=”middle” video_mute=”no” _id=”305439″][kc_column width=”12/12″ video_mute=”no” _id=”293143″][kc_column_text _id=”328760″]
PRINCE2 is a process-based approach that focuses on organization and control over the entire project, from start to finish. That means projects are thoroughly planned before kick-off, each stage of the process is clearly structured, and any loose ends are neatly tied up after the project concludes.
The 7 principles of PRINCE2
Each project must have a clear need, a defined customer, realistic benefits, and a detailed cost assessment.
Lessons are sought and recorded at every step in the PRINCE2 process and then used to improve future work.
Everyone should know exactly what they’re responsible for — and what their teammates are responsible for.
PRINCE2 breaks a project up into more manageable stages. At the end of each stage, teams can record lessons learned and evaluate whether the project is on track.
The project board (senior managers) initially determines the time, cost, and other project requirements and then leaves day-to-day management to the project manager. If issues arise that impact the requirements, the project manager would inform the board.
The team should always focus on meeting project requirements and keeping the quality high.
The PRINCE2 method allows for better control of resources and better business and project risk management. PRINCE2 identifies who should be involved in the project and what capacity. If a project does not adhere to these basic principles, then PRINCE2 is not the right way to manage the project.
PRINCE2 processes
Create a project mandate that includes a brief explanation of achievable goals and the necessity of the project. Has the mandate assessed? If approved, create a more detailed project brief.
The project board discusses the expanded project brief. If it’s approved, they then identify all needed resources and delegate them to the project manager.
The project manager creates a plan and timeline for the project. They include checkpoints for six targets: time, cost, quality, scope, risk, and benefits.
Divide the project into smaller tasks and assign them to the team manager and project team. The project manager will monitor progress and make changes as needed.
Compare the project’s progress to the original project brief. Review completed project tasks. The project board will then approve.
The project board and manager review every stage of the project for quality and adherence to the plan. The review is a chance for the project board to decide to move to the next stage of the project or pause progress altogether.
The project board will give final approval once deliverables are met. The project manager will complete any remaining documentation and reporting.
There are three primary roles within a PRINCE2 method project: the project manager, the project team, and the project board. The project board consists of the customer, the end-user, and the supplier.
Types of PRINCE2 method documentation
Keep detailed records throughout the life of a project. Use them to check deliverables, report/communicate to the project board, and serve as a roadmap for when and where to make changes.
Applying PRINCE2
The best way to fully understand PRINCE2 methodology is to apply the steps to a project of your own. Various PRINCE2 training, qualification, and certificates are available. Frequent process review throughout the life of a project leads to stronger results.
References:
https://www.prince2.com/uk/blog/the-7-principles-themes-and-processes-of-prince2
https://www.wrike.com/blog/project-management-basics-prince2-explained/
https://processnews.blogspot.com/2018/01/structure-of-prince2-its-benefits-in.html
[/kc_column_text][/kc_column][/kc_row]
Sumeet is endowed with 23 years of global experience reflecting strong leadership qualities coupled with enormous experience & exposure in IT projects’ planning, execution, management, delivery and production support (onsite, offsite and offshore); across e-Business, Client/Server, Custom Application Development, Enterprise Resource Planning (ERP), Enterprise Content Management, Internet based applications, Business Intelligence, Integration packages and Databases. Eminent leadership expertise with exemplary record in driving management methodologies and disciplines spanning estimation, contracting, project planning, risk management, progress tracking & analysis, report and other related factors Well versed in project management methodologies of Agile, Scrum, Waterfall and delivery technicalities of Onsite, Offsite and Offshore model with expertise in translating complex business opportunities into creative, effective and efficient IT solutions, analyzing the client business needs and requirements: translating new ideas into clients’ solutions including opportunity identification, requirements development, delivery, production support & analysis and documentation.
Jayanti, a proactive founder brings more than 21 years of rich industry experience with an insight to provide innovative solutions. A leader and a team player who aims to help an organization achieve its objective through new and innovative ideas. Her spectrum of work varies from IT Education Delivery, Instructional Design and Delivery, content management and development. She understands the need for building collaborative and trusted relationships with the clients. Jayanti exudes remarkable calm, confidence to withstand the challenges in setting the tone for the company’s values, ethics, and culture.
Nidhi has 15 yrs. of experience in Business Research, Talent Acquisition, Client Relationship management, Database Search Tools and Leadership Hiring. She has worked with internal teams and hiring managers in UK, Continental Europe and US geography to assist with recruitment efforts. She has also worked on custom projects in different sectors and industries, involving – company profiling, business overview, business segments, key financial, executive team, board member composition, competitors and other key developments.
She has been instrumental in preparing presentations on the key developments in the business world like Digital Transformation, UK Talent Trends, Digital Age Disruption. She has been involved in working on newsletters pertaining to candidate moves, company mergers & acquisitions and layoffs in US, UK, CE, APAC.
Priyali has around 8 yrs. of product and digital media experience, along with background in Product Marketing.
She has helped publishers in transforming their digital media business and reinvent their digital monetization model with data driven decision making and an effective web and mobile optimization strategy to increase revenue, website traffic, user engagement, and gain competitive advantage.
Through her specialties like Product marketing, lead generation, digital media consulting, web optimization, user engagement, content monetization, product optimization, customer success she has delivered products that are user friendly and provided a unique and consistent value to the customers.
She has worked closely with cross-functional teams, including Product Management, Sales, Marketing, Research, Web development and Design along with customers, to ensure the successful roll-out of new products and new versions of existing products.
Nitin Gupta, Business Development Manager at IvaluePlus has more than 21 years of experience in all aspects of business development, previously working in the F&B domain and has now transitioned his focus to IT/ITES domain.
His key areas encompass increasing the top line of the company by identifying and developing new business areas & opportunities. He is instrumental in leading cross-functional teams, manage existing partnerships, and evaluate company business goals
A proactive, advising, strategic and result-oriented account manager who maintains a strong link between the team & the clientele – stakeholders. She understands client’s requirement & plans out ways to achieve the required business objective. She is a people’s person and keeps thy team going in sync & flow. She dives deep to understand the business severity & aims at deliverables. She has experience in intercultural sensitivity, workforce planning & employment, language skills, Lisha has been instrumental in building company’s human capital capability through keystone involvement and systemic value addition.
Spending almost a decade into Arts & Entertainment industry and now stepping into Human Resources, right from Hiring to Training to Generalist HR, it has been quite a journey for her but it’s all about getting everything together. The motto is to learn, evolve & grow.
Sujeet is an Ambitious and self-motivated with 7+ years of professional experience In Finance. He has done his B.COM & M.COM from Kumaun university Nainital.
He has been instrumental in Financial accounting /Direct and Indirect taxes/ Payroll and Compliance Management specializing in the IT/ITES sector. He posses excellent research and financial analysis capabilities.
Highly capable, versatile and accomplished IT professional who is confident to make the right decisions as per the situation.
His experience encompasses good knowledge of Cisco, Aruba, D-Link, Sophos, TP-Link devices, Setting up of IT infrastructure from scratch to a secure fort, extensive IT management experience, planning and implementing computer systems and networks.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.
Please share your email id to download the brochure.