PRINCE2® for Investors

A project can only succeed with the collaboration of all parties responsible for its delivery. Today, more than ever, the scale and size of projects are increasing, and they need to be more extensive and costly for a single organisation to manage and fund. Due to their scale and complexity, these projects tend to require investment and become joint venture developments, meaning each investor holds a stake in the project. 

There are several different joint ventures, but to succeed, they all require systematic project management. Without solid project planning and management, the project will fail due to common mistakes. 

As an investor or venture capitalist, your clients' business plan is an essential piece of the puzzle. You need to know how much investment a project requires, where that investment will be spent, how long it will take and when you should expect to profit from it. As an investor, this gives you the information to determine whether the project is desirable and viable for the investment needed, whether the business goals are achievable, and, most importantly, if investment in the project is worthwhile. Investors can use the PRINCE2 framework to determine if the project is feasible and ensure they ask the right questions at the correct times and consider the business pitches. This allows investors to approve or challenge decisions at the implementation stage. 

PRINCE2 project management is defined by a structured methodology, which helps project managers manage their projects in an organised and logical way following clearly defined steps. Breaking projects down into manageable steps enables efficient control of resources and regular progress monitoring throughout the project. Each stage of the project is regularly reviewed to ensure that the project objectives, which can often change during the project's life, are still being met. As an investor, this allows you to withdraw your investment. 

Investors can rest assured that the PRINCE2 methodology is results driven. Project plans are focused on delivering results and investments and are not just about planning when each activity throughout the project will take place.  

PRINCE2 is very useful wherever you’re involved in the business world. Becoming PRINCE2 Certified in just five days (or 3 for PRINCE2 foundation!) unlocks a vast array of tools for planning, analysing, managing and investigating a project and its rewards. The PRINCE2 Online option even means that busy investors don't have to spend a week missing opportunities and meetings. They can take the PRINCE 2 training course and sit the PRINCE 2 exams through a method and schedule that suits them perfectly. Book a PRINCE 2 project management course today!