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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

The History of PRINCE2® PRINCE2® is part of the best practice guidance that came out of the UK Office of Government Commerce. A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979. You’ll record your risks is a risk log.

Prince2 403
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PRINCE2 and PMBOK: How They Compare

Rebel’s Guide to PM

First came PRINCE in 1989 as the UK government standard for IT project management. The most recent version was released in June 2009, which has split the manual into two, covering project managers and project sponsors. It’s a joint venture company partly owned by the Cabinet Office of the UK government.

Prince2 462
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The Standard for Risk Management in Portfolios, Programs, and Projects

Project Risk Coach

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the PMI Risk Management Professional (PMI-RMP®) exam. Which PMI Risk Standard Should You Study? The exam pilot occurred in December, 2021. Why procrastinate any longer?

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Beware of the Unintended Consequences of Incentive Plans.

Scrum.org

More examples of poorly aligned incentives that contributed to the boom then bust financial crisis of 2008-2009: Fannie Mae and Freddie Mac using their implicit government backing to take on significant mortgage risk with little capital backing.

Planning 209
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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

PRINCE2 is part of the best practice guidance that came out of the UK Office of Government Commerce. A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979. PRINCE2 was released in 1996 and had major updates in 2009 and 2017.

Prince2 199
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The Hidden Power of Emotional Intelligence and Psychological Safety in Project Success

The IIL Blog

Therefore, to be successful, Psychological Safety and psychologically safe spaces must be in place to empower stakeholders to creatively take risks without reprisal; such environments will enable individuals to learn from mistakes made while pursuing project objectives, personal growth and fulfillment. Anyone can become angry—that is easy.

2005 78
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The Evolution of Project Management

The IIL Blog

Public Sector Project Manager Selection In most government agencies, PMs were seen more so as project monitors rather than project managers. The assignment as a government project monitor was seen as an add-on to one’s normal job. Executive sponsorship was merely eyewash for government agencies.

Aerospace 147