History of PRINCE2
PRINCE2 (Project in Controlled Environments, Version 2) is a project management methodology that are released in 1996. It was based on combination of two methodology that is PROMPT (Projects Resource Organization Management Planning Technique) and IBM's MITP (Managing the Implementation of the Total Project) methodology. PROMPT that is originally created by former IBM Project Managers in 1975. Central Computer and Telecommunications Agency (CCTA) one of IBM’s client which is responsible for IT support in United Kingdom Government, applied PROMPT methodology and adapted it in 1979 and called it PRINCE (PROMPT in the CCTA Environment) which became Projects in Controlled Environments. PRINCE was widely used in IT project in public sector at that time. Others sectors such as businesses also want to use PRINCE, therefore the PRINCE gain transformation so it can easily adapt for a new users. PRINCE2 was created which can be applying in any project with more flexible and generic unmindful of any complexity.
Description of PRINCE2
PRINCE2 is a structured project management methodology that widely used by organizations and government in the world. It is known as de facto process-based method in project management especially in IT environments. PRINCE2 direct the project management with four integrated elements of principles, themes, processes and environments. To be called PRINCE2 project, the project must follow the principles in PRINCE2. There are seven principles that are followed by seven themes which form the basic characteristic of PRINCE2. It also consists of seven processes that are interconnected to obtain goals, the successfulness of the project and managed the direction of the project. The figure below showed...
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...eral Government IT Projects
Year: September 2009
Author: Richard Tucker, PMP (Certified PRINCE2 Practitioner) ICOR Partners, LLC
Description about the Project:
The project is about applying the PRINCE2 project management to support Capital Planning and Investment Control (CPIC). The project wants to prove that the PRINCE2 methodology is able to be adapted into to any size of IT project. The project is to support US Government to make decision on investment, effectiveness and redefined IT project based on policies and procedures. CPIC use Clinger-Cohen Act to manage the IT project which is including usability, maintenances and dispose.
References
A short history of PRINCE2®. (2012, August 29). In Bizness Académie SAS is an Accredited Training Organization (ATO). Retrieved March 30, 2014, from
http://biznessacademie.com/en/2012/08/a-short-history-of-prince2/
For more than 25 years, The Little Black Book of Project Management has been introducing project managers to the incredibly effective and logical project management skill and methods to help them achieve their goal. This book has been flooded with very nee project management techniques as well as the latest standards of the Project management body of Knowledge (PMBOK) .accepted by PMI (Project Management Institute).
Gray, Clifford F.; Larson, Erik W., Project Management – The Managerial Process, Copyright © 2001 by The McGraw-Hill Companies, Inc.
Moreover, we studied in depth what are the principles, themes and process used in the PRINCE2 with additional detaining. Apart from this I also come to know some of the similarities and differences between the PMBOK and PRINCE2 for instance there are 7 processes in the PRINCE2 whereas there are 10 in the PMBOK. In addition to this I also come to know that the MS project can be used for the project closure as it can provide some of the important information it is discussed in explanation
This paper will examine three websites that I found to provide interesting information on one of the following topics: project management, project management careers, project portfolio management, and IT project management; as well as the Project Management Institute’s Web site. The four websites that will be examined are: CIO – Project Management Definition and Solutions, Project Management Certification, and Wisconsin School of Business – Project Portfolio Management.
Gray, C., Larson, E. (2008). Project Management: The managerial Process. New York, NY: The McGraw-Hill Companies Inc.
In today's business it is in the best interest of companies to have project managers. Common sense isn't always easily accomplished. Anyone who's ever worked on a project in a technical setting knows this. Indeed, much of working with others consists of solving unexpected problems and learning from mistakes along the way. Knowing this and having the proper tools a project manager will be able to manage and complete the most intense project out there.
The projects in today’s world are given a lot of importance and it will continue to grow in the coming years. There are a lot of companies which do not have production, but all of them do have projects. There are a lot of books which have been published on which related to planning and managing the projects. The one of the most important one was published by the author Eli Goldratt in his book ‘Critical chain’. This book basically talks and shows how the application of theory of constraints in the field of project management. The novel is basically based on one of the MBA classes in America where a number of ideas are developed in discussions among the students and the lecturers. The lecturer is basically fighting for a tenure with the president of the university who expects a downturn in the executive MBA. The lecturer who teaches project management has a word with one the senior colleagues and project management was the right topic to teach. There were three students who were placed in the project management team of their company which manufactures electronic products. The students are enrolled in this MBA class along with other students, here they discover a new approach to project management which is known as the
Project management is a discipline based on careful planning, organization, motivation and control of resources to achieve specific goals and meet specific success criteria. Since every project is unique in nature, a project manager must learn to adapt and identify key areas to drive success. Thus, as a learning initiative, we were given a project to manage through a simulation program named Sim4Project. The emphasis of this simulation was on learning-by-doing, just like in a real-life project. Sim4Project provided a good mix of theoretical knowledge as well as hands-on experience. Professor Leonie gave feedbacks at the end of each period to ensure we were incorporating the project management principles learned in the classroom.
Project Management is defined as an organized approach which aims to bear client anticipations, in order to accomplish the requested advanced business value (Wysocki, 2014). Since the 1950’s methods and procedures were applied in a uniform way to every project from the smallest to the largest (Špundak, 2014). Their success is certain in some industries (Badewi, 2016) (Kozak - Holland, 2010). A rapid growth of complex new technologies and innovations is indisputable (Saynisch, 2010a). Important changes propose new aspects for project management (Saynisch, 2010b). Traditional project management practices that have been used years now, known as PM 1.0 are challenged and new project management practices PM 2.0 come in the surface.
The topic of my group (group 4) was “How to totally float through your project for free” and the presentation was held by Roger Goodman who works for PMI NZ and Ernst & Young supply chain management with many years of working experience in many different countries such as Saudi Arabia and China.
In the following section, an overview of the processes is given. Therefore each of the project management knowledge areas is explained with tools and techniques.
Project management involves the use of appropriate processes to deliver a project focusing on efficiency and operational performance (Shenhar, 2004) within constraints of time, budget, and scope (Kerzner 2009, 2010; Maylor, 2010; Morris & Pinto, 2007; Sanghera, 2010 Wysocki, 2009, 2014).
Today, Project Management specialist in every organization and it is a growing field used increasingly by businesses of all sizes. Simply Project management is all about organizing, planning, managing and executing projects with specific goals and objectives. It’s a broad term and the main purpose is minimizing failures of projects. Many business related projects involve large scale of planning that affect every department of a business. And it’s dealing with human resources, budgetary and supply constraints. The most important facts that effecting to project management is Scope, Time and budget. In Scope, deciding what is going to plan and how to organize to accomplish organization goals
Large or complex projects in big company often require some sort of leadership. In this case, by introducing traditional project management tools are obviously important for project leaders like Kent Black since the methods and tools that project leaders use can be helpful for
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.