We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

PRINCE2 (Project IN Controlled Environment) - Essay Example

Comments (0) Cite this document
PRINCE2 (Project IN Controlled Environment) is a project management standard used in more than 150 countries for successfully managing a project. PRINCE2 consists of a several themes, set of principals, and a project management lifecycle. …
Download full paperFile format: .doc, available for editing
Polish This Essay91.5% of users find it useful
PRINCE2 (Project IN Controlled Environment)
Read TextPreview

Extract of sample
"PRINCE2 (Project IN Controlled Environment)"

Download file to see previous pages These themes of the PRINCE2 explain the significant project management aspects which need to be managed and handled during the execution of the project lifecycle (Weese, 2010). One of the other important project management standards is a Project Management Institute (PMI) that offers multiple certifications related to project management include: Project Management Professionals (PMP), Program Management Professional (PgMP) etc. (PMI, 2013). This document presents a comparison of the Plan PRINCE2 theme with other standards of the project management having relevant (particularly Planning) principals and techniques. In the last section of the document provides an analysis of the advantages and disadvantages of using PRINCE2 theme in comparison to the other project management standards. In PRINCE2 a plan is not just about the cost management, schedule management and resources management, however, plans are set of documents explaining what to be achieved, how to be achieved and when to be achieved by whom the goals of a project. The PRINCE2 utilizes product planning technique for creating diverse types of plans. The product-based planning is used by the PRINCE2 which is one of the most powerful techniques for project managers to manage a project. The PRINCE2 recommends and uses different levels of the plan involve diverse human resources for managing the project successfully. These plans include: the project plan, stage plan(s) and team plan(s). As the PRINCE2 utilizes product-based planning having seven steps for creating or developing plans include: the design the plan, define and analyse the products, identify activities and dependencies, prepare estimates, prepare schedules and document the plan. In parallel to these steps the PRINCE2 always recommends reviewing the steps (for developing the plans) in order to identify the risks in the product, activities, estimates and schedule. The following diagram shows the steps involved in developing the plans (Hinde, 2012). Figure 1. The PRINCE2 Approach to Plans The Product-Based technique describes the Project Product Description, Product Breakdown Structure, and Product Flow Diagram. The Project Product Description entitles the products to be developed in the project including the customer requirements having quality expectations as well as the project acceptance criteria. The Product Flow Diagram shows the association between the products to be developed in the project. The Product Breakdown Structure categorises the diverse types of the products to be developed in the project. The Product Breakdown Structure (PBS) is specifically used in PRINCE2 project management standard PRINCE2 and it is a graphical representation tool used to define the clear and precise deliverables or outcomes of a project. In PBS, the whole project has to be a breakdown in a tree structure to define the products and the tasks that are required to develop a product. It is pertinent to mention here that the term ‘product’ can be an intermediate document, requirement specification document, user accepting testing documentation and so on. The PBS starts with a representation of the top level products of the project, sub-deliverables along with their components required to achieve the product and sub-divided into smaller project units. The PBS is specifically used for large projects having a huge number of products or project deliverables so that any deliverable of the project could not be ignored along with the activities required to achieve the deliverable (Trainer, 2010). By utilizing the Product-Based technique, the PRINCE2 develops three levels of plans include: th ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“PRINCE2 (Project IN Controlled Environment) Essay”, n.d.)
Retrieved from https://studentshare.org/management/1473140-prince
(PRINCE2 (Project IN Controlled Environment) Essay)
“PRINCE2 (Project IN Controlled Environment) Essay”, n.d. https://studentshare.org/management/1473140-prince.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Project Management for Information Systems
5 2.7Checkpoint Report 5 2.8Highlight Report 5 2.9Mid Stage Assessment 5 2.10The end stage report 6 2.11Project closing Report 6 3.Project scope and plan (750) 8 3.1Project plan 8 3.2PRINCE2 Project Plan contents: 9 4.Project Estimate for DRF 11 1Project Resource Estimated for DRF 11 4.1Calculation of set-up costs 12 5.The Project Benefits 13 5.1Standard software development methodology 13 5.2Replacing a mixed environment of PCS 13 5.3Several load images 14 The computers currently use different operating systems since they have different hardwares as a result of the fact that they are produced by different manufacturers.
13 Pages(3250 words)Essay
11 Pages(2750 words)Essay
The Concept of Risk
The crash of financial markets, project failures, legal issues, accidents and natural calamities can be the factors which add risk to any project. Therefore Risk Management is a very important part of Project Management; it incorporates the identification, analysis, and resolution of possible risks associated with a project.
8 Pages(2000 words)Essay
Management of Software Projects -2
In order to implement one of the project management standards in an organization, it is pertinent to critically review and evaluate both standards. The document presents an introduction to the project management standards, similarities and differences between the processes and knowledge areas being used by the project management standards.
12 Pages(3000 words)Essay
The modern project management approach
It is a method to manage the day to day activities of a project's progression, that is, it is used for managing a defined workload, with a defined resource base both of which are used to execute a project. Project Management as a discipline was developed from several different fields of application such as construction, mechanical engineering, military projects, etc.
19 Pages(4750 words)Essay
Project Management
These principles include specifying the value desired by the customer, identifying the value stream for each product, making the product flow continuously, introducing pull between all steps where continuous flow is impossible, and managing toward perfection in order that the number of steps and the amount of time and information needed to serve the customer may continually fall.
20 Pages(5000 words)Essay
PRINCE2 Scenario 1
As far as Process Map Format is concerned, proper symbols need to be used for sub-processes as these would act as identifiers since the time they are logged into the system. Proper
2 Pages(500 words)Essay
Project management
The same is a result of the increased view on project management as a tool for fast transformation of organisations and the perception that culture is the most influential supporting infrastructure enabling the change. The essay is organized in several
14 Pages(3500 words)Essay
Project environment
This analysis will cover some important aspects of implementing systematic approach to information systems and project change management. In addition, I will present the analysis of project management
14 Pages(3500 words)Essay
Project portfolio using Prince2 methodology
Correspondingly, with vast increase in the number of mobile phone users in the London market, the project of the company i.e. P3 of launching unidirectional speaker and microphone set in the above
16 Pages(4000 words)Essay
Let us find you another Essay on topic PRINCE2 (Project IN Controlled Environment) for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us