PRINCE2: The Bedrock Of Project Management

Emily Bronte, in her book Wuthering Heights, gave the example of how her love for the protagonist, Heathcliff, was as strong as the rocks of the earth. When the foundation for something is strong, the product is worth nurturing. Whatever we do in life must be strong and firm, and only then will the outcomes be worth the wait. If this is applicable to our personal lives, then what is wrong with our professional lives?  

Well, being the professionals that we are, we need a solid bedrock to boost our performance and to make the best of our lives! This is what PRINCE2 is going to provide you with! That solid foundation for project management on which you can make up your career and build up your professional life on! PRINCE2, which stands for Projects in a Controlled Environment, is the degree that is going to sweep you off your feet.  

As we all know that the first principal to manage a project is that it must have continued business justification. That means the project must be aligned towards the business objectives of the customer organisation. By using this principal, prevention of the organisation from starting or containing the projects cannot be validated in terms of corporate strategy.  

The basic way the customer organisation can determine if the project has all the business justification is by using an acceptable Business Case. Using PRINCE2 methodology, the investment decisions are checked out in order to determine if the project is a worthwhile investment or if it is just one of the off decisions taken in the early phases of the project, but it forms a series of ongoing investment decisions. PRINCE2 training ensures that the professionals know the reasons for the uptake of the project and forecasts the benefits of the project unfolding in the later stages. It also forecasts the project costs and the ongoing operational costs, the timescales that would be needed for the management of the projects and the operational time during which the period of the time over which the benefits shall be realised by making use of the project’s products. It also makes use of the main risks that can be used to manage the projects. PRINCE2 course Methodology also develops the outlines for the project management and refines more details during the project's initiation. It is then used to update at the end of each stage and to reflect on the forecasts of the time, costs, benefits and risks for the project management.  

Having said this and done, PRINCE2 will make sure that the project management is done in a holistic way and that the completion of the project is done within the time and the costs of the project management. That is the only reason why companies are using PRINCE2 like never before and are only employing managers who are PRINCE2 qualified! So, jump in and go for project management, PRINCE2 way!