Prince2 Certification is one of the core certifications under project management credentials. In the business arena, project management is used to help managers determine and execute the best systems and methods for controlling the work in every step of a project. Because there are different ways to complete a certain task, managers have come up with different methods for project management.
Understanding Project Management Methods
Project management methodologies differ depending on the project, industry, and the organisation where it will be used. Depending on the kind of team that you are handling, you can merge two different project management methodologies to get the optimum results for your organisation. Your ultimate goal is to choose the excellent project management method that will suit your organisation and team needs. But what if you lack knowledge about these project management methods? This is why certifications like Prince2 are essential. It allows project managers to get the training that they need. Without the right understanding of project management methodologies, they won’t be able to choose the right system for their organisation.
What Is PRINCE2?
PRINCE2 stands for Projects in Controlled Environments. It is one of the most popular project management methodologies in the entire world. It is a methodology composed of a well-structured process that makes it easier for a project manager to control the organisation’s work process.
PRINCE2 originated from the UK government back in 1989 and was utilised for its information technology projects. It was created as a methodology for non-governmental projects in 1996. AXELOS Ltd. currently has ownership of PRINCE2.
PRINCE2 aids project managers in dividing projects so that every step is more controllable. It is a flexible project management method. It is flexible and can be adjusted based on your organisation’s requirements. Through PRINCE2 project management methodology, a manager can plan the project effectively before working on it. From the beginning to the end, all stages are planned meticulously. Through this kind of technique, a project manager will be able to tie up any loose ends once you finish your project.