Introduction:
In this unit, I will be investigating the principles of different project management
methodologies, as used in the IT industry. Secondly, I will be delivering a successful IT project
by using and discovering at least three different project methodologies and by knowing the
five main stages of a project. Lastly, I will be initiating this IT project to go further by
researching a problem and then using my creative skills to generate extensive range of
solutions.
What is PRINCE2?
PRINCE2 is a process-based project management methodology that will teach you the core
techniques you'll need to be an accomplished project manager. PRINCE stands for Projects
in Controlled Environments, and it's a term that's used and understood all around the world.
PRINCE2 is totally scalable, and the framework's most recent upgrade allows it to be more
easily customised for each project you work on.
PRINCE2 With over 1 million professionals, Projects IN Controlled Environments is the most
widely used project management approach. All of the skills you'll master as part of PRINCE2
will help you manage projects more efficiently and successfully. PRINCE2 can also help you
advance in your career because many companies consider knowing PRINCE2 to be a
requirement for project managers. Approximately 90% of experts claim that PRINCE2 has
aided them throughout their careers. When should you utilise it? Because the approach is
extremely adaptable and can be adapted and adjusted to meet the needs of the business
and customer, it may be utilised in a number of projects, regardless of the kind or scale.
There are seven stages of PRINCE2, the first stage is the project start up, the customer will
submit a new project and the company will decide if they can do it or not. If it is do-able for
the company then they move onto stage 2 which is where they direct the project, it is then
assessed to check if it is viable. Stage 3 is initiating the project, the project manager will
cover all parameters, for example how much it will cost, the advantages, risks, the time it’ll
take etc. After this it goes to stage 4, which is when the project is controlled by different
teams to check the performance and efficiency of every stage and if there are problems.
Stage 5 is when the project is delivered, and they check that there are not issues between
the expectations of the quality and they will provide a final evaluation. Before moving to the
stage 6 which is the boundary management, which is when the board and project manager
review the outcomes of each stage to make sure it is working. Then it is onto the final stage,
which is finalizing the project by reporting, documenting, and closing the project with end
results.
PRINCE2 benefits
,How can PRINCE2 benefit you?
There are over 1 million certified PRINCE2 project managers in the globe, and it is widely
recognised as the most widely used project management methodology.
PRINCE2 provides you the abilities to better and effectively manage a project. It also helps
you to make progress in your profession; PRINCE2 must act as project manager in many
organisations. In reality, PRINCE2 has helped them in their work 88 percent of project
managers report.
With the PRINCE2 methodology it is very effective, some positives of this are that it is
planned from start to finish, however it is regularly reviewed and checked for errors, if so,
they can be changed, it is a common methodology, so it is reliable and consistent with
results, it has a lot of room to change throughout the process. But there are also some
negatives of PRINCE2 such as, it only has two techniques so it is limited, and the project will
be slowed down if the senior management is not given as much freedom. The biggest
downside of
PRINCE2 is that it takes a lot of experience to use correctly to its ability, and every stage
needs documentation which has to be actively updated.
PRINCE2 History
PRINCE2 History The history of PRINCE2 is that it was essentially been established for quite a
while since 1989 by the Central laptop and Telecommunications (CCTA). In 2010, the work
of state Commerce Best observe Management functions were stimulated into the cabinet
work.
The basement of PRINCE2 was on PROMPT (project management methodology created by
Simpact Systems Ltd in 1975 and adopted by CCTA in 1979 as a result of the traditional to be
used for all government information system comes.
When PRINCE was initial launched in 1989, it became very effective and had obsolete
PROMPT among government. This methodology remains inside the ownership and is
copyright owned by the Crown.
PRINCE2 defines the following:
Starting up a project (SU) – This is designed to confirm the key investors for it to be a
reasonable and rewarding undertaking. Furthermore, the trigger for the project start up
is the project mandate which provides a document from the commissioning organization
to explain the reasons and aims for the project along with high-level estimations of time
and cost.
The main process is carried out once per project and is oriented towards gaining the
authorization necessary for initiating the project.
, There are six main activities that would be taken when starting up a project and these
include:
- Appointing executives and project managers
- Capturing earlier lessons
- Designing and appointing project management teams
- Preparing outline business cases
- Selecting project approaches and assembling project briefs
- Planning initiation stages
Initiating a project (IP) – This process is considered to make sure the following points are
clear and relevant to the project management team and the external
stakeholders/investors.
The project tasks consist of:
- What will be done
- Why it should be done and what advantages it offers
- How this will be done
- How problems or issues will be resolved
- How expected qualities are achieved
- How progressing project is monitored and controlled
- Who has to be connected or communicated with by whom, once and in what type
These are all the activities involved in the Initiation process and is all related to the progress
of product management that provide information about the points outlined above. From
this, this would allow the project board to evaluate the project’s feasibility.
Project direction (DP) - This method permits the project board to delegate regular
responsibility to a project manager while addressing necessary selections and training final
management over the project. This can be as a result of the project board that may grant
formal approval to a baseline document, authorize commitment resources or answer an
exception scenario.
Controlling a stage (CS) – This method would describe the activities of the project manager
among every management stage of a project that additionally includes authorizing project
work, reviewing stage progress and submitting the suitable reports to the project board.
Managing product delivery (MP) – This method would describe responsibilities and duties of
the group manager in their function as dealer. This role’s purpose is to accomplish the aim
of a work package deal. There are three steps that involves MP manner to carry out each
work packages and they are:
In this unit, I will be investigating the principles of different project management
methodologies, as used in the IT industry. Secondly, I will be delivering a successful IT project
by using and discovering at least three different project methodologies and by knowing the
five main stages of a project. Lastly, I will be initiating this IT project to go further by
researching a problem and then using my creative skills to generate extensive range of
solutions.
What is PRINCE2?
PRINCE2 is a process-based project management methodology that will teach you the core
techniques you'll need to be an accomplished project manager. PRINCE stands for Projects
in Controlled Environments, and it's a term that's used and understood all around the world.
PRINCE2 is totally scalable, and the framework's most recent upgrade allows it to be more
easily customised for each project you work on.
PRINCE2 With over 1 million professionals, Projects IN Controlled Environments is the most
widely used project management approach. All of the skills you'll master as part of PRINCE2
will help you manage projects more efficiently and successfully. PRINCE2 can also help you
advance in your career because many companies consider knowing PRINCE2 to be a
requirement for project managers. Approximately 90% of experts claim that PRINCE2 has
aided them throughout their careers. When should you utilise it? Because the approach is
extremely adaptable and can be adapted and adjusted to meet the needs of the business
and customer, it may be utilised in a number of projects, regardless of the kind or scale.
There are seven stages of PRINCE2, the first stage is the project start up, the customer will
submit a new project and the company will decide if they can do it or not. If it is do-able for
the company then they move onto stage 2 which is where they direct the project, it is then
assessed to check if it is viable. Stage 3 is initiating the project, the project manager will
cover all parameters, for example how much it will cost, the advantages, risks, the time it’ll
take etc. After this it goes to stage 4, which is when the project is controlled by different
teams to check the performance and efficiency of every stage and if there are problems.
Stage 5 is when the project is delivered, and they check that there are not issues between
the expectations of the quality and they will provide a final evaluation. Before moving to the
stage 6 which is the boundary management, which is when the board and project manager
review the outcomes of each stage to make sure it is working. Then it is onto the final stage,
which is finalizing the project by reporting, documenting, and closing the project with end
results.
PRINCE2 benefits
,How can PRINCE2 benefit you?
There are over 1 million certified PRINCE2 project managers in the globe, and it is widely
recognised as the most widely used project management methodology.
PRINCE2 provides you the abilities to better and effectively manage a project. It also helps
you to make progress in your profession; PRINCE2 must act as project manager in many
organisations. In reality, PRINCE2 has helped them in their work 88 percent of project
managers report.
With the PRINCE2 methodology it is very effective, some positives of this are that it is
planned from start to finish, however it is regularly reviewed and checked for errors, if so,
they can be changed, it is a common methodology, so it is reliable and consistent with
results, it has a lot of room to change throughout the process. But there are also some
negatives of PRINCE2 such as, it only has two techniques so it is limited, and the project will
be slowed down if the senior management is not given as much freedom. The biggest
downside of
PRINCE2 is that it takes a lot of experience to use correctly to its ability, and every stage
needs documentation which has to be actively updated.
PRINCE2 History
PRINCE2 History The history of PRINCE2 is that it was essentially been established for quite a
while since 1989 by the Central laptop and Telecommunications (CCTA). In 2010, the work
of state Commerce Best observe Management functions were stimulated into the cabinet
work.
The basement of PRINCE2 was on PROMPT (project management methodology created by
Simpact Systems Ltd in 1975 and adopted by CCTA in 1979 as a result of the traditional to be
used for all government information system comes.
When PRINCE was initial launched in 1989, it became very effective and had obsolete
PROMPT among government. This methodology remains inside the ownership and is
copyright owned by the Crown.
PRINCE2 defines the following:
Starting up a project (SU) – This is designed to confirm the key investors for it to be a
reasonable and rewarding undertaking. Furthermore, the trigger for the project start up
is the project mandate which provides a document from the commissioning organization
to explain the reasons and aims for the project along with high-level estimations of time
and cost.
The main process is carried out once per project and is oriented towards gaining the
authorization necessary for initiating the project.
, There are six main activities that would be taken when starting up a project and these
include:
- Appointing executives and project managers
- Capturing earlier lessons
- Designing and appointing project management teams
- Preparing outline business cases
- Selecting project approaches and assembling project briefs
- Planning initiation stages
Initiating a project (IP) – This process is considered to make sure the following points are
clear and relevant to the project management team and the external
stakeholders/investors.
The project tasks consist of:
- What will be done
- Why it should be done and what advantages it offers
- How this will be done
- How problems or issues will be resolved
- How expected qualities are achieved
- How progressing project is monitored and controlled
- Who has to be connected or communicated with by whom, once and in what type
These are all the activities involved in the Initiation process and is all related to the progress
of product management that provide information about the points outlined above. From
this, this would allow the project board to evaluate the project’s feasibility.
Project direction (DP) - This method permits the project board to delegate regular
responsibility to a project manager while addressing necessary selections and training final
management over the project. This can be as a result of the project board that may grant
formal approval to a baseline document, authorize commitment resources or answer an
exception scenario.
Controlling a stage (CS) – This method would describe the activities of the project manager
among every management stage of a project that additionally includes authorizing project
work, reviewing stage progress and submitting the suitable reports to the project board.
Managing product delivery (MP) – This method would describe responsibilities and duties of
the group manager in their function as dealer. This role’s purpose is to accomplish the aim
of a work package deal. There are three steps that involves MP manner to carry out each
work packages and they are:
