Essay about Project Management Comparison of Prince2 and Pmbok
THE PRINCE2 METHODOLOGY:
A DETAILED COMPARISON OF RELATIVE STRENGTHS TO THE PMBOK AND APPLICATION TO PROJECT MANAGEMENT
AUTHOR: KANE WRIGHT
WORD COUNT (LESS TABLE OF CONTENTS, REFERENCES, APPENDICES): 4972
DUE DATE: 28 SEPTEMBER 2009
TABLE OF CONTENTS
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METHODOLOGY – WHAT IS PRINCE2?
As a practical tool of public domain, originally developed by government for project management, limited literature exists on the methodological description of PRINCE2’s structure, processes and application. A number of UK governmental publications and Project Management Professionals (PMPs) however, have developed summaries and guides to the method which explain the purpose and structure of PRINCE2. Birlouez (2009) draws directly from the PRINCE2 guide to describe the methodology as a “process-based approach for project management”. It is designed to be a structured method that the Project Manager can apply to guide the processes and procedures applicable to all projects.
The OGC have structured the PRINCE2 methodology to address eight core ‘components’ of project management (ILX Group 2009).
The Business Case
The business case provides the driving force within PRINCE2 from the inception of, and throughout, the project lifecycle. As Wideman (2002) highlights, the business