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Category: PRINCE2

PRINCE2 Agile: Blending Agile and PRINCE2 for Successful Projects

Posted on May 30, 2023May 30, 2023 by Marbenz Antonio

PRINCE2® Agile Certification Training by Simplilearn: Fee, Duration, How to  Apply

If you’re wondering what Hybrid Project Management is, keep reading! It is about combining two or more approaches to form a distinct Project Management methodology.

PRINCE2 Agile was introduced in 2015 with the goal of developing practices suitable for professionals working in an agile environment. According to Payscale, individuals with PRINCE2 Agile certification can anticipate an average salary ranging from £27,000 to £82,000, depending on their experience and skill level.

PRINCE2 Agile serves as a prime example of successfully combining two diverse practices without conflicts. This integration ensures that project quality is maintained and results are delivered as expected.

PRINCE2 Agile methods give project managers more responsibility for project management decisions, as well as a better understanding of what to include and avoid. This method ensures that the Project Manager takes educated decisions in order to properly fulfill the project requirements.

What is Hybrid Project Management?

Hybrid Project Management is the term used to describe the process of merging two or more established methodologies to develop a novel approach that can be applied in practical project management scenarios.

Over the past few years, Hybrid Project Management has garnered a significant reputation across various organizations. It involves the incorporation of advantages and best practices from multiple well-established Project Management methodologies.

Organizations that adopt a Hybrid Agile Project Management approach benefit greatly from the speed and adaptability of Agile, combined with the clarity and structured framework of Waterfall methodology.

Some well-known examples of Hybrid Project Management models include Agifall and Wagile.

Agifall

Agifall is a proactive approach that places emphasis on extensive research and meticulous planning stages to effectively develop tasks for successful implementation.

Wagile

In this approach, the Agile methodology is integrated into specific aspects of the project within the Waterfall process.

What is PRINCE2 Agile?

PRINCE2 Agile combines the structured strategy and governance of PRINCE2 with the autonomy, responsiveness, and flexibility of Agile. The PRINCE2 Agile certification is a highly regarded Project Management certification that is recognized and accepted by businesses and organizations worldwide.

The PRINCE2 Agile delivers two levels of training and certifications:  

PRINCE2 Agile Foundation: The training offered in this program equips individuals with the foundational knowledge of PRINCE2, enabling them to integrate PRINCE2 Agile methodologies into their daily work routines. This practice enables the incorporation of PRINCE2 governance requirements while also facilitating the application of agile techniques and concepts in a harmonious manner.

PRINCE2 Agile Practitioner: This course validates and applies the knowledge gained in the PRINCE2 Agile Foundation, simulating real-life workplace situations and utilizing practical management experiences.

If you opt for the PRINCE2 Agile Practitioner training, it is necessary to have a PRINCE2 Foundation certification beforehand. While the PRINCE2 Agile exams are not inherently difficult, they do require a comprehensive understanding of the concepts, principles, techniques, and related syllabi, along with the ability to apply them effectively in practical scenarios.

Benefits of Hybrid Project Management

The benefits of Hybrid Project Management include the following: 

Increased Productivity

Employers may improve their positions by using a hybrid model that provides a flexible work environment that suits their employees’ desires. Individuals can choose between an office setting and alternate arrangements that best fit their comfort level, resulting in enhanced productivity.

Possibility to Learn Continuously

The hybrid model promotes a culture of continuous learning, upskilling, self-reflection, and self-development among employees. With the hybrid work model, individuals have the flexibility to work outside of traditional office hours, allowing them to schedule their work in a manner that promotes peace and minimizes disruptions to their comfort zone.

Compatibility

The application of a Hybrid Project Management model is not restricted by project size or industry. It can be implemented across projects of any scale and in diverse industries, regardless of their complexity.

Employee Satisfaction and Flexibility

By granting employees the freedom to choose how, when, and where they work, you can provide your team members with the job satisfaction they desire and deserve.

Improved Collaboration and Work Relations

The hybrid model allows employees to work at their own pace and comfort level, especially considering the prevalence of virtual meetings. According to a survey conducted by Microsoft, there was a significant 45 percent increase in Teams chats per day as of February 2020.

Better Work-Life Balance

The hybrid model is highly effective in balancing work and personal life, enabling individuals to reduce stress while also allowing them to peacefully complete their job at their own leisure.

Benefits of PRINCE2 Agile Project Management

Here are a few benefits of PRINCE2 Agile Project Management:

Adaptable: The hybrid model can be readily implemented in any project and customized based on the provided guidance, taking into account factors such as project size, type, sector, or industry. This versatility opens up endless possibilities for collaboration on a project.

Widely used and recognized: PRINCE2 is already widely adopted and recognized in numerous organizations. By incorporating the PRINCE2 Agile certification and agile methods into your projects, you can enhance your job prospects and elevate the organization’s reputation.

A Perfect blend of two management methods: Integrating agile techniques into projects does not have any negative impact on their outcomes. PRINCE2 Agile is an ideal fusion that seamlessly combines two distinct project methodologies without any conflicts.

Ensures Quality: PRINCE2 Agile aligns with strategic objectives, guaranteeing the highest level of quality in projects and working towards the desired outcomes when delivering the final project output.

What has led to a rise in Hybrid Project Management?

The key factors that have contributed to the emergence of Hybrid Project Management are:

Increased Market Competition

Across various industries, there has been a notable technological evolution in recent decades. This has created a need for businesses to remain competitive on a global scale and proactively address emerging challenges.

A Rise in Complex Projects

In response to market demands, organizations are driven to enhance their Project Management practices in order to efficiently navigate the complexities of project execution.

Customer Expectations

With the ever-changing customer needs, businesses must stay vigilant and respond swiftly to address their concerns. The heightened customer focus creates an expectation for improved resources, specifically in terms of usability, speed, and personalization.

Conclusion

In this blog, we have explored the concept of a hybrid Project Management system and its significant advantages when different techniques are seamlessly combined. By embracing a recognized approach like PRINCE2 Agile, individuals can enhance their personal reputation and unlock broader opportunities for their organization.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in Agile, PRINCE2Tagged #Agile, PRINCE2Leave a Comment on PRINCE2 Agile: Blending Agile and PRINCE2 for Successful Projects

Business Transformation is more than just an IT decision

Posted on February 28, 2023February 28, 2023 by Marbenz Antonio

Five reasons why digital transformation is essential for business growth | IT PRO

According to a recent Raconteur article, the new IT plays a crucial role in the process of business transformation, which encompasses various tools such as cloud services, ERP software, CRM platforms, data lakes, and HR management tools. However, an organization needs to determine the appropriate IT to purchase and find ways to maintain a prosperous transformation beyond acquiring new hardware and software.

Initially, it is important to comprehend the concept of transformation. This involves identifying the destination for your business, determining the objective, and ascertaining if you help to expand. Scaling the organization as a whole is often a prerequisite for growth, which may necessitate adopting various technologies, in addition to hiring suitable personnel to assist with scaling efforts.

Currently, the process of transformation typically involves upgrading the methods used by IT to support a business. This involves shifting away from traditional in-house IT support towards outsourced cloud computing. Nonetheless, transitioning from server-based IT to cloud services could potentially result in exorbitant expenses to attain a “Rolls Royce” level of quality, whereas opting for a cheaper service may be more affordable but compromise on quality.

Normally, a business ought to possess a roadmap and a comprehensive comprehension of how the IT function, and the business will collaborate to implement novel technologies. This will be integrated into a business plan for the upcoming one to five years, which should contemplate how to scale the business, whether gradually or more ambitiously.

In the end, it is imperative to have honest discussions within your organization to ascertain what is genuinely necessary. Otherwise, you may fall into the trap of purchasing the latest “shiny new thing,” whether it is required or not. Developing a well-structured plan entails outlining all the essential elements and incorporating risk assessments to prepare for any potential complications.

The risks of relying on new technology alone to deliver business transformation

The majority of transformations are not without issues, particularly when they involve resolving challenging problems or unanticipated circumstances. Whenever you introduce new elements, specially customized configurations, it is essential to anticipate that something may go wrong. Therefore, it is critical to have monitoring systems in place to detect and manage any issues that may arise. You must also decide whether to rely on the in-house IT team to resolve these issues or to engage an outsourced service provider.

As part of the transformation process, you must consider who will be responsible for supporting the technology, along with governance and training for users. Additionally, you need to identify a liaison point who will communicate with any external support provider.

Sustaining a transformation – operations and culture

The Raconteur article briefly acknowledges the significance of considering the operational and cultural aspects of a planned transformation. However, what does this entail in practice when it comes to maintaining a successful transformation?

Undoubtedly, unexpected challenges will arise during any transformation. Therefore, it is crucial to have adequate personnel and processes in place, with a clearly defined support model that encompasses updates and upgrades. All these aspects should be systematically documented, including any associated costs or training requirements.

It is logical to have individuals who possess a deep understanding of the problems at hand and can effectively communicate with external support services regarding technical matters. It is crucial to comprehend the nature of their proposals and how much they will cost.

The ITIL 4 framework includes an entire section dedicated to service operations, with several elements of best practice guidelines that can assist in implementing transformational change within your organization.

An important component of this process is cultural adoption and the effective utilization of technology. As you introduce new technology, it is essential to establish user groups or communities that can provide feedback throughout the process. This approach allows you to incorporate feedback into future changes and engage more users. Ideally, this should address their primary concern of “what’s in it for me?”.

Failing to do so will result in negative experiences, which can cause people to lose interest and resist adopting new technology and workflows. It is crucial to bring people along on this journey, and approaches such as organizational change management within ITIL 4 offers a framework for helping individuals navigate change. Neglecting this aspect is, in my opinion, one of the most significant missed opportunities in business transformation.

A place to start with transformation

If you are creating an agenda for the beginning of a business transformation program, what key items should be included?

  1. Develop a comprehensive checklist of required items, including technology.
  2. Design a communication and outreach strategy to inform stakeholders of the upcoming changes, the rationale, the timeline, and how they will benefit.
  3. Create a plan for managing adoption and facilitating organizational change.

It’s important to keep in mind that transformation and modernization are ongoing processes. It’s never a one-time event, and even while maintaining current operations, you need to anticipate what’s next in terms of technology and the future of your organization.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in Agile, DevOps, ITIL 4, PRINCE2Tagged #Agile, DevOps, ITIL, ITIL 4, PRINCE2Leave a Comment on Business Transformation is more than just an IT decision

Building a Skills Required and Managing Digital Change

Posted on February 28, 2023 by Marbenz Antonio

5 Ideas for Developing Real-World Thinking Skills

An essential component of any digital transformation plan involves utilizing advanced tools for data management, analysis, and interpretation.

The significance of this lies in the fact that having a comprehensive understanding of data can enable organizations to achieve greater levels of efficiency. However, achieving this objective necessitates dedicating more time to utilizing data for making informed business decisions, which is not always the norm.

Usually, most of a team’s time and energy is spent on tasks related to collecting, refining, modifying, and analyzing data to determine its usefulness. This results in significant labor-intensive work that contributes little to no value.

A change in behavior is required to shift an organization’s approach towards a more business-oriented use of data, with a greater emphasis on achieving desired outcomes and reaping benefits, rather than simply producing outputs. It is only when data is leveraged intelligently that it can have a transformative impact.

An instance of benefits realization within this organization pertains to the payment collection process for the electricity it generates. In the past, this process was often time-consuming and could take over a month to raise a payment claim with a company. However, leveraging a deeper understanding of data allows the organization to track power generation in real-time and automate the payment claim process. This has led to a significant increase in efficiency, eliminating the need for hundreds of man-hours.

What are the skills required to implement such changes within organizations?

Developing the right skills

In addition to possessing data and machine learning engineering skills, organizations require individuals with expertise in change management.

An important aspect of this process involves training ourselves to ask the appropriate questions. For instance, in digital transformation, instead of inquiring about what people want (which usually centers on present needs rather than those required for a transformed future), they have learned to comprehend the tasks they perform. Their needs, and subsequently suggest suitable solutions.

Acquiring the skills necessary for achieving this objective requires a focus on continuous improvement, which can be gleaned from various best practice sources.

  1. PRINCE2 for the overall roadmap – The classic project management approach offered by PRINCE2, along with its association with program management, continues to be one of the most effective means of communicating with senior management regarding our initiatives.
  2. PRINCE2 Agile – understanding the agile world – Suppose your organization, like theirs, is transitioning towards a fully agile approach to software or product delivery, utilizing methodologies such as Scrum. In that case, PRINCE2 Agile can assist in managing ideas in a more sequential manner before engaging agile teams for development. This involves implementing two-week sprints, daily stand-ups, and a meeting every two weeks to review the roadmap with various individuals in the team.
  3. ITIL 4 and digital strategy – ITIL 4 has proven to be highly valuable in assisting me in devising a digital strategy. As the Head of AI Implementation, comprehending how digital strategy translates into practical implementation is critical for my role.
    How does collaboration between individuals possessing varying skills to work? In their organization, the majority of individuals do not necessarily require a deep understanding of the agile framework. Instead, they can approach these activities from a project perspective without needing to be directly involved with the framework.
    Pure developers must comprehend the broad business objectives but can concentrate solely on agile development without engaging in the planning of the roadmap.

A blended approach to best practice

In contemporary times, it is an inescapable truth that organizations undergoing digital transformation require appropriate tools for the job, necessitating the integration of diverse sets of best practice skills into their firms. This, in turn, gives rise to new breeds of individuals possessing innovative approaches and occupying novel roles.

Effective communication is also an important aspect of this process. Right from the commencement of a transformation, it entails fostering closer relationships with people and inspiring them about the anticipated changes.

Leveraging data for facilitating transformation, which may encompass machines and artificial intelligence, should not merely be restricted to the composition of computer code but should instead be viewed as a journey of progress that people must actively participate in and feel enthusiastic about.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in Agile, DevOps, ITIL 4, Lean, PRINCE2Tagged #Agile, #AgilePM, ITIL, ITIL 4, Lean, PRINCE2Leave a Comment on Building a Skills Required and Managing Digital Change

What does the P3O leader do?

Posted on February 1, 2023February 1, 2023 by Marbenz Antonio

PMO using P3O

The P3O model is made up of one or multiple Project Management Offices (PMOs) that offer various services, including portfolio offices, program offices, project offices, and centers of excellence.

Due to the multitude of considerations involved in designing a P3O model, no two P3O models will be identical across organizations. For instance, a global company might have a portfolio office and varying numbers of program and project offices in each country, whereas a UK company may have a centralized portfolio office located at its headquarters. Similarly, a company with distinct business units, such as retail and wholesale, will have a unique P3O model.

Many organizations have developed isolated PMOs without a comprehensive design, leading to a chaotic structure with multiple reporting systems throughout the company, resulting in a significant management issue. In such scenarios, people may begin to doubt the necessity and value of having separate offices and question the cost. As a result, PMOs are often questioned about their purpose, role, and stakeholders.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in PRINCE2Tagged PRINCE2Leave a Comment on What does the P3O leader do?

Guide for the 6th Edition Prince2® Foundation Exams

Posted on January 30, 2023January 30, 2023 by Marbenz Antonio

Guide to Prince2® Foundation 6th Edition Exams in 2021

PRINCE2® Certification has two levels: Foundation and Practitioner. You can earn the Foundation level certification by passing the Foundation exam, which has no required prerequisites.

To earn the Practitioner credential, the second level of PRINCE2 certification, one must have the PRINCE2 Foundation or similar certification.

Axelos is the certifying organization for PRINCE2, with PeopleCert administering PRINCE2 exams on their behalf. Candidates can sign up for the exam through an ATO like KnowledgeHut, which is an Axelos Certified Partner.

To prepare, one can attend a course with an ATO or self-study, then schedule an online exam through either the ATO or PeopleCert.

The PRINCE2 project management framework is composed of four integrated elements namely: 

  • Principles form the foundation for the themes and processes.
  • Themes are the key areas or elements that must be continuously monitored throughout the project life cycle.
  • Processes specify who takes action and when.
  • Tailoring refers to customizing the project to fit the unique needs of the project environment.

The weightage given to them in the Foundation Exam is  

  • Principles-13% 
  • Themes-52% 
  • Processes-27%  
  • Projects & P2 –8%.

To pass the Foundation exam, one must be proficient in the Managing Successful Projects with PRINCE2 Manual (2017). The Foundation exam is a necessary step to earn the Practitioner credential, and the knowledge gained will also be relevant for the Practitioner exam.

Foundation Exam Pattern 

The Foundation exam has 60 multiple-choice questions and takes 1 hour to complete. The pass rate is 55%. It covers 5 questions on PRINCE2 concepts like project characteristics, performance aspects, integrated elements, benefits, and customer/supplier environment, around 8 questions on Principles, 3-5 questions on each theme, and 2-3 questions on Processes. Each question has four options, so read the question carefully before selecting an answer. There’s no penalty for wrong answers, so attempt all questions.

Eligibility for Foundation Examination 

There are no specific requirements to take the Foundation exam, but it’s recommended to have a basic understanding of project management principles or have completed a general management course, or be working in a support role in an organization.

Passing the Foundation Examination 

  • Study the PRINCE2 Manual thoroughly  
  • The Purpose of each theme or process should be clear and noted. 
  • Memorize key terms for each section. For example, “fit for purpose” refers to the Quality theme, while “Desirable, Viable, Achievable” relates to the Business Case theme.
  • Read Appendices A and C as many times as possible. 
  • Practice the Sample Papers of the P2 Foundation Exam of PeopleCert available online. 
  • Many other Sample papers are also available online.  
  • Here is how the Instructions on the Foundation Paper appear Instructions
    • You should attempt all 60 questions. Each question is worth one mark. 
    • There is only one correct answer per question.  
    • You need to answer 33 questions correctly to pass the exam.  
    • Mark your answers on the answer sheet provided. Use a pencil (NOT a pen).  
    • You have 1 hour to complete this exam.  
    • This is a ‘closed book’ exam. No material other than the exam paper is allowed. 

A sample of the questions is as below:

 What is the first step in the recommended risk management procedure? 

A. Assess  

B. Identify  

C. Implement  

D. Plan 

Circle the bubble fully on the answer sheet provided against the question number with a dark pencil.

Suggested Method of Attempting a QP 

  1. Start from Q1 and go up to Q 60. Answer as many as you know full well. 
  2.  On the second reading, attempt those that required you to think a little. 
  3. For questions you’re unsure of, you can make an educated guess. There’s a 25% chance of getting it right since there are only four options and one of them is correct. Remember, there’s no penalty for incorrect answers.

Benefits of Doing PRINCE2 Certification 

The PRINCE2 Foundation certification is globally recognized as the standard project management method for delivering successful projects. PRINCE2 equips you with the skills to plan, initiate, and control projects effectively. The course enhances your ability to communicate with stakeholders and team members. It teaches the application of 7 Principles, 7 Themes, and Processes in executing projects through stages, managing and controlling risks, issues, and resources.

By taking PRINCE2, you also gain the skill of defining the project’s objectives and scope. Clarity of objectives is a key factor in preventing project failure, while an ill-defined scope increases the risk of project failure.

Look at the six main aspects or variables of a project which a Project Manager has to manage.  

They are: 

  •  Cost 
  • Time 
  • Scope 
  • Quality 
  • Risks and  
  • Benefits.

The Business Case and defining the objectives and scope of the project are the top two priorities. The Business Case, created and strengthened in pre-project processes, outlines the cost and timeline, highlights benefits, and risks, and outlines the product’s quality requirements based on the customer’s expectations and acceptance criteria.

The Business Case and Scope are crucial to project success. The Business Case outlines the cost, timeline, benefits, risks, and quality requirements of the project product based on customer expectations and acceptance criteria. The scope defines the products and their requirements in the project. The Business Case answers “Why” the project is being done, while the scope specifies what the project delivers. As a Project Manager, it is essential to clearly define the project scope and avoid exceeding it to avoid project failure from added costs.

Cost of Foundation Examination

In Australia Aus. Dollar 700/=
India Rs 18000 to Rs25000/=
Europe £ 450.

Conclusion

Passing the PRINCE2 Foundation exam certifies you as a PRINCE2 Foundation professional, improving your career prospects and giving you the skills to manage projects in your organization. With this certification, you will be better at defining project objectives and scope, identifying project requirements and stakeholders, and breaking down the project into manageable components using the Product Breakdown Structure. Furthermore, you will be ready to take on the next level of PRINCE2 certification, the Practitioner Credential Exam.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in PRINCE2Tagged PRINCE2Leave a Comment on Guide for the 6th Edition Prince2® Foundation Exams

How Should a Standard PRINCE2® Project Track Progress?

Posted on January 30, 2023January 30, 2023 by Marbenz Antonio

The definitive guide to website project management

PRINCE2® uses the “PROGRESS” theme to track project progress. This involves monitoring actual results and comparing them to planned objectives. It also includes forecasting the project goals and assessing the project’s continued viability, while taking corrective action for any unacceptable deviations.

Tolerances are used by PRINCE2® to monitor deviations. Tolerances are the acceptable variation from the goal of a plan for time, cost, and maybe quality, scope, benefits, and risk before senior management needs to be informed.

Progress control involves comparing actual progress to performance targets for time, cost, quality, scope, benefits, and risk. This information is used to make decisions such as approval of a stage or work package, escalation of deviations, and early closure of the project. The steps for tracking progress are:

  • Setup Project Controls for Delegations and Tolerance

The project manager utilizes the following management products to establish progress control baselines.

Project Plan – includes the project-level performance targets and tolerances.

Stage Plan – Includes the basis of the day-to-day control of the stage.

Exception Plan – The Project Board may request an Exception Plan in response to reviewing an Exception Report during the exception handling process. It outlines steps for addressing exceptional situations.

Work Packages – The Project Manager approves a Work Package, which outlines the details of the work to be completed by a team member or Team Manager during a stage.

Tolerances are set as below for each of the aspects of the project:

Tolerance area Project Level Stage Level Work package level Product Level
Scope  Project Plan Stage Plan Work Package N/A
Time  Project Plan Stage Plan Work Package N/A
Cost Project Plan Stage Plan Work Package N/A
Quality Project Product Description N/A N/A Product Description
Risk Risk Management Approach Stage Plan Work Package N/A
Benefits Business Case N/A N/A N/A
  • Dividing the project into management stages and approving each stage separately: PRINCE2® divides a project into multiple management stages, which are sections of the project with decision points. The Project Board approves each stage individually. A minimum of 2 management stages are required in a PRINCE2® project, determined by the Project Manager in consultation with the Project Board.
  • Report and review progress through Time-driven reports: There may be instances when the agreed limits for tolerances are exceeded in one or more areas.

An exception is a forecasted deviation beyond the agreed tolerance levels.

Exceptions can happen at three levels:

  • Work-Package-level exceptions
  • Stage-level exceptions
  • Project-level exceptions 

Depending on the severity of the exception, decisions are made by the appropriate authority. If the exception occurs at the work package level, the Project Manager will provide recommendations for corrective actions.

If the exception is at the stage level, the Project Manager will escalate the issue to the Project Board for decision-making.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in Agile, PRINCE2Tagged #Agile, PRINCE2Leave a Comment on How Should a Standard PRINCE2® Project Track Progress?

Agile or Waterfall? Why it’s Incorrect to Ask That

Posted on January 3, 2023 by Marbenz Antonio

What is the Traditional Waterfall Model and Why does it Fail?

Many organizations spend too much time and resources considering whether to use the Agile or Waterfall methodologies for their new projects, instead of realizing that they can combine the two approaches to maximize their potential. Asking “Which one should we use: Waterfall or Agile?” is not the right question to ask.

Too many businesses are preoccupied with deciding between Agile and waterfall techniques. Why Waterfall or Agile? is explained in this article. ” this is the incorrect question.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in Agile, PRINCE2Tagged #Agile, PRINCE2Leave a Comment on Agile or Waterfall? Why it’s Incorrect to Ask That

Simple PRINCE2 2017 Software

Posted on December 29, 2022December 29, 2022 by Marbenz Antonio

12 Books to Read for a PRINCE2® Certification

In 2017, AXELOS released the updated version of PRINCE2 (PRINCE2 2017). They have previously written about this update on this blog. In this post, PRINCE2 will go beyond the theoretical aspects and discuss software options for PRINCE2 2017. If you are looking for tools to support your PRINCE2 training or implementation, this information will be useful for you.

Comprehensive PRINCE2 2017 Software

PIAB has been a pioneer in the field of PRINCE2 software since the beginning and has continuously updated its software to ensure compliance with each PRINCE2 refresh. They are excited to announce the launch of our new PRINCE2 2017 Method Template, which is licensed by AXELOS and incorporates content from the official manual under license.

The new PRINCE2 2017 Method template offers the highest quality authentic materials, presented in a user-friendly package.

  • PRINCE2 is pleased to offer you the full set of official PRINCE2 templates that they wrote for AXELOS and licensed back for your use. These 27 Word files come with guidance to assist you in completing them.
  • The only place where extended templates are offered is in this product. These key register versions, created by the same author as the official bundle, come in.xlsx and Planner formats. A complete set of Role definition templates, health checks, and a reminder of the principles are also included.
  • Records of events. Additionally, they have developed placeholders for all the important information you need to acquire.
  • using the process diagrams as a point-and-click interface. The PRINCE2 2017 program displays the products, events, and records required for the process when you click on the process diagram. You can focus on the procedure and save time by not having to search for things in the handbook.
  • Context guidance. You receive hover instructions on your duties for the things, activities, and documents relevant to the process you are in.

prince2 2017 software; PRINCE2; PRINCE2 methodology; prince project

These sources will be automatically launched into all of your new projects. This quickly sets up your project and helps in keeping you on schedule during delivery.

What are your PIAB product choices?

Users of our Community Edition tool, which is available for free, can add all of this for £25 plus VAT and make as many projects as they like.

The same content and price will be provided to Personal Edition buyers. They will discover that it also establishes the project’s reporting structure.

The cost of the PRINCE2 2017 Method Template, which can be used with the Small Team, Enterprise, or Live editions, is £100 plus VAT. For use by each user in your system, you can build an infinite amount of projects. Additionally, your method template will get you access to additional navigation and analysis features that our personal tools do not support.

prince2 2017 software; prince2 method template

Free PRINCE2 2017 software

Of course, we also provide free PRINCE2 2017 software because we are kind people. As a result, you can use a select number of the PRINCE2 2017 Community Edition resources for nothing at all.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in PRINCE2Tagged PRINCE2Leave a Comment on Simple PRINCE2 2017 Software

Making The PRINCE2 Themes Specific

Posted on December 29, 2022December 29, 2022 by Marbenz Antonio

What Is PRINCE2 Project Management Methodology? Pros, Cons & More | CRM.org

The way in which the themes are implemented can be affected by customization.

The flexibility in the application of the themes may vary, from being strictly defined and specific to allowing the project management team a wide range of discretion in how they implement each theme.

All seven themes must be considered in a project, but their implementation should be adapted to the risk, size, characteristics, complexity, or simplicity of the project in question, always making sure that any required minimum standards specified in a theme are met.

A tailored PRINCE2 Theme should reflect any tailoring of the processes and terminology.

Customizing a theme does not necessarily involve changing the PRINCE2 theme itself. In most cases, the themes are implemented through the project’s risk, quality, change control, and communication management strategies.

These procedures should outline how the themes are implemented in practice for that specific project.

The level of control needed will affect the level of formality and the frequency of monitoring, reviewing, and reporting.

When implementing the themes, consider risk and any relevant external factors, such as corporate, portfolio, program, and customer policies and standards, and incorporate them into the project’s management approach, as illustrated in the following graphic:

Tailoring the PRINCE2 Themes

Many of the themes suggest that procedures may need to be established: PRINCE2 does not specify how these should be documented or disseminated.

Procedures can vary from a simple set of actions to a detailed process with a flowchart.

PRINCE2 includes a table of responsibilities for each theme; these may be reassigned as long as there is no conflict of interest, particularly between the roles involved in directing a project and those involved in managing a project.

The manual for each theme includes recommendations for various customization options for implementing the theme in practice, along with suggestions on how to handle some common scenarios.

Tailoring PRINCE2 Theme Rules

Customization allows the PRINCE2 themes to be adapted to create appropriate procedures and controls, as long as:

  • the PRINCE2 principles are upheld
  • the minimum requirements in each theme are satisfied
  • the purpose of each theme is not compromised.

The Format of the PRINCE2 Theme chapters

Each themed chapter has the following structure:

  • The theme Why the theme is important to the successful delivery of a project and the core concepts necessary to understand PRINCE2’s requirements for the theme
  • PRINCE2’s requirements for the theme What is required, as a minimum, to be following PRINCE2
  • Guidance for the effective use of the theme How to practically apply the theme to different organizations, environments, and delivery approaches
  • Techniques that can be used for the theme

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in PRINCE2Tagged PRINCE2Leave a Comment on Making The PRINCE2 Themes Specific

PRINCE2 is Used to make Project Management Easier for Stakeholders

Posted on December 19, 2022 by Marbenz Antonio

Project Management News, Research, and Analysis | Toptal®

When starting a new project, PRINCE2 usually thinks about how to make project management easier for my stakeholders to understand and how they can adapt my role and responsibilities to help accomplish this goal.

In a dynamic organization where resources are scarce, you may be asked to lead initiatives that are outside of your expertise or areas of strength. How can you maximize your impact and ensure that your stakeholders receive ongoing support in this situation?

What strategies from a methodology like PRINCE2 can be useful in this situation?

  1. Documenting and Tracking Events: Writing minutes and organizing information may not be the most thrilling task, but it is crucial for ensuring that actions and decisions are documented, an audit trail is available, and that there is no confusion or ambiguity. In addition to these benefits, keeping everything documented can also help you learn more about the project and get more involved. It can also support the tracking of progress and demonstrate good governance for future reference. Moreover, having detailed records of decisions, events, risks, and issues, as well as lessons learned, can support the ongoing justification of the business by providing a clear record of what has occurred.
  2. Know your Stakeholder: To maximize the impact of stakeholders in a project, it is important to understand their expectations, motivations, and level of engagement. This can help you tailor your role to meet their needs. For example, by understanding their availability and expertise, you can ensure that they are only involved when necessary or when they can add value. This aligns with the communication management approach in PRINCE2, which outlines how often you should communicate with stakeholders, the profile of stakeholders, and the overall communication strategy.
  3. Facilitating and Unblocking Deadlocks: It can be challenging to work outside of your comfort zone, especially when you feel like you don’t have much to contribute. However, there are still things you can do to be effective in these situations. For example, you can focus on ensuring that communication is handled effectively and use your problem-solving skills to adapt to different environments. Communication is often a key factor in the failure of projects, so understanding how your organization or project team operates and how processes are followed can help you analyze each situation from an internal perspective and apply your experience to solve problems.
  4. Deep Dive into the Subject: It may seem obvious, but it is important to understand what the project aims to achieve. You have seen many cases where subject matter experts and senior stakeholders are unaware of or do not understand the scope of the work to be done. This is not necessarily due to incompetence, but rather because ambiguity is a common characteristic of projects. For example, people may come and go from an organization, requirements may be written in a confusing way, or the project may involve a completely new regulation, sanction, or technology. As a project manager, it is your responsibility to gather enough information about the initiative to give your project team the confidence and reassurance they need to deliver. This aligns with the roles and responsibilities and tailoring principles in PRINCE2. When there is significant ambiguity and the project team is not experienced or prepared, a project manager should not restrict responsibilities.

You don’t have to be an expert to help your team achieve its goals and simplify its work.

 


Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Posted in PRINCE2, Project ManagementTagged PRINCE2, Project ManagementLeave a Comment on PRINCE2 is Used to make Project Management Easier for Stakeholders

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