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Prince 2 project management methodologies sample essay
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Projects IN Controlled Environment is the abbreviation for PRINCE2. It is one of the process based development method for efficient project management. The UK government used this method extensively but it also recognized widely and used in private sectors in the UK as well as internationally. This PRINCE2 method is within the public domain and it provides non-proprietorial support on best practice and guidance on managing the project. The PRINCE2 offer the required project governance to work in and around waterfall delivery framework. The agile methodology can be exist with PRINCE2 till it tailored for better project management. Most importantly tailoring is one of the seven guided principles in PRINCE2.
The most important purpose of the
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This methodology was originally intended to accommodate any type or size of project. But, PRINCE2 method does not address all technique and skill which required to function a project, somewhat it focuses on the processes or steps that a particular project manager required to accomplish the project. So, This PRINCE2 method usually referred as a process oriented approach. The important features of PRINCE2 are focuses on justification of the business which includes streamlined structure of the organization for the benefit of project management team and its planning approach which is based on …show more content…
The stages in this model is very much likes of the phases in PMBOK model. This method PRINCE2 call these various phases as a starting point of the project, project initiation, stage boundary management, controlling a phase, product delivery management and project closure. The project board’s project oversight happens throughout the project to managing and directing the project progress. The planning is a comprehensive process which is retrieved at every level of the project as required (Siegelaub, 2004). To manage the boundaries of the various phases, it required to be proper in either in the product delivery sequence, bundle the products in to consistent sets on its own or accepted decision facts for review and feedback (PRINCE2,
Business requirements are gathered in this stage. This stage is the main focus of the project managers and stake holders. It is performed by the senior members of the team with inputs from the customer, the sales department, market surveys and domain experts in the industry. This information is then used to plan the main project approach and to conduct product feasibility study in the economical, operational and technical areas. You identify needs of the software. This is the vital stage, because bad investigation may lead to the project
Project Management: A Systems Approach to Planning, Scheduling and Controlling. Hoboken, NJ: Wiley & Co., Inc. Kim, B. &. (2011).
Project control mechanisms The entire project people will be divided into a number of teams and each team will be monitored by the expert persons in the areas. In this way, the quality standard could be maintained efficiently and the organizational goal of the project could be achieved easily. As the project will be developed through various stages hence after the completion of each stage the progress report will be analyzed by the project head and necessary actions will be taken to facilitate the easy growth of the project (Saadé, Dong, & Wan, 2015). 11.
This process is aimed at ensuring the project being pursued has a potential of delivering by adhering to the allocated time, sticking to the budget and very important, meeting customers specifications (Mott McDonald, 2002). It involves assessing the projects at critical stages (also referred to as gates) in its lifecycle and thus assuring it can advance to the next stage successfully. This function is performed by an independent experienced team, after which they assure the Senior Responsible Owners that the project can progress successfully (National Academies US & National Research US, 2004). There are six critical stages (gateways) in the lifecycle of a project that the independent gateway review team will evaluate and thus provide th...
REFLECTION- the prince2 approach is the project handling approach which is used in the most of the European countries. The organization APM group which is headquartered in United Kingdom. There is some of the similarities between PMBOK and
It is a step of defining the goals of the projects and the results are aimed at reaching certain levels of productivity of customer satisfaction. The second stage is measure, and it is the stage of collecting data and facts and evaluating current operational performance. The third stage is analyze with the purpose of developing methods and theories that will best suit the solving of the problem; it is also a stage of detecting cause-and-effect ties of the processes. The fourth stage is improve, it is aimed at generating ideas for reaching the desired process improvement. Finally, there is the control stage that is about monitoring the operations to find out whether the process of improvement is smooth and the problems were solved (Meredith & Shafer,
To deliver the project successfully on budget and on time, my team used Product Lifecycle Management (PLM) tool to control project data and process, defining and tracking program deliverables and resource management against the budget. The PLM tool also increased my visibility and control
Each of the five phases have different activities that dictate the actions taken within them. For instance, the project initiation phase is normally when teams will form, the project charter will start to be prepared, and the stakeholders and sponsors will be approached. The project planning phase is when the risks, issues, and budget are all defined as well as the completion of teams. There is also a necessary approval of anything else stated in the project at this point. The project execution phase is normally seen as the launch or testing phase.
Project Management Institute (PMI) (2013). Project Management Professional (PMP) Handbook. [ONLINE] Available at: http://www.pmi.org/certification/~/media/pdf/certifications/pdc_pmphandbook.ashx. [Last Accessed 20 April 2014].
During the planning process, outputs are created to illustrate how project tasks will be sequenced and allocated for effective TM. The PMBOK Guide describes nine processes under Project Time Management (Fig 2.) all of which (excluding no. 6) are relevant during the planning phase of the project life cycle.
Lastly, this stage looks at how ideas come to life through production. Therefore, implementation must ensure that design details are put into effect and that the client is satisfied with the final product.
Project planning falls in the Planning Process Group which consists of those processes to establish the projects total scope, define the projects objectives, and courses of action to achieve those objectives. During the planning process, all the documents that are needed to carry the project through the project lifecycle will be developed such as the project management plan. Project management requires repeated feedback loops as additional information becomes available and is better understood. The planning process delineates the strategy, tactics, and path to successfully complete the project. With that, the planning of a project must walk through all the those processes from executing, monitoring and controlling through the closing process.
They outsourced and gave a quick training on project management for 50 employees (out of 300), some of which were place as part of the committee to create a project management methodology for the company. After two months of meetings, and mainly due to personal interests, three stage-gate models were created: information systems, new products/services provided, and one for acquiring new
When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.
“Project management is the application of knowledge, skills, tools, and techniques to organisational and project activities to achieve the aims of an organisation through projects” (PMI, 2003).