PRINCE2 Case Study
In the ever challenging industry just to be in the top of the market is not easy job for an organization, it requires a strong management to compete with rivals in respective to money, time and quality. Every small or big organization has goals and objectives to reach to the customers in a best way possible. Bigger the project, bigger the project management is required to complete that task and selecting a right methodology is very crucial when the stakes are high. Then it is affirmative that for getting a project through a successful and controlled start, middle and end, PRINCE2 offers the best project management “road map” (Weese–2010). This method works on three integrated elements of principles, themes and processes.
The principles determines whether the project is genuinely being managed using PRINCE2. Unless not all the seven principles were applied it is not a PRINCE2 project. They are as follow: Continued Business Justification- A project must be justified otherwise it should be closed. To ensure only worthwhile projects …show more content…
The seven (principles and themes) come into play in the seven processes: Starting up a Project, Initiating a project, Directing a Project, Controlling a Stage, Managing Stage Boundaries, Managing product delivery, and Closing a Project.
Flow Charts below illustrate the difference between PMBOK and APM and the PRINCE2: Table-01 Table -02
PRINCE2 is a widely recognized and established process-driven methodology for project management. Adopting PRINCE2 (principle, theme and process) an organisation can promote new horizons of learning and continue improvement, providing efficient and economic use of project