Remove Governance Remove Prince2 Remove Risk
article thumbnail

PRINCE2 and PMBOK: How They Compare

Rebel’s Guide to PM

We were talking about PRINCE2®, what it means to get qualified and how it compares to the PMBOK Guide. She first took her PRINCE2 Practitioner exam in 2004. Elizabeth, what’s the story behind the PRINCE2 methodology? PRINCE2 stands for Projects IN Controlled Environments and is a widely used project management method.

Prince2 430
article thumbnail

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

What is PRINCE2®? PRINCE2® is a project management method. PRINCE2® stands for Projects IN a Controlled Environment (Version 2). Who is PRINCE2® for? PRINCE2® works in a huge number of industries and domains. It’s a predictive methodology, although PRINCE2 Agile ® allows for agile frameworks.

Prince2 371
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Confusion Over Risk

Project Risk Coach

Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Let's clarify what we mean by the term risk. Risk is a Choice Merriam-Webster defines risk as “the possibility of loss or injury: peril.” Peter Bernstein.

Risk 418
article thumbnail

Who does what in Project Initiation in PRINCE2®

Rebel’s Guide to PM

Initiating a project is where it all starts in PRINCE2®. The Initiating a Project process is designed to “establish solid foundations” according to the 2023 Managing Successful Projects official manual, also known as PRINCE2 7. Prepare the business case This step is where PRINCE2 7 deviates from other methods and approaches.

Prince2 351
article thumbnail

How to manage project assurance (with PRINCE2 guide)

Rebel’s Guide to PM

They might also advise the project manager on how best to do particular project management techniques like communication management , risk management , quality management and change management. In PRINCE2 environments , it is specifically called out that project board members are accountable for assuring their particular areas.

Prince2 364
article thumbnail

Gate Reviews: What Project Managers Need To Know

Rebel’s Guide to PM

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. Governance is a key part of that, and gate reviews are part of navigating through the project. Governance is a key part of that, and gate reviews are part of navigating through the project.

Prince2 406
article thumbnail

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

What is PRINCE2? PRINCE2 is a project management method. PRINCE2 stands for Projects IN a Controlled Environment (Version 2). Who is PRINCE2 for? PRINCE2 works in a huge number of industries and domains. It’s a predictive methodology, although PRINCE2 Agile allows for agile frameworks. It was renamed PRINCE.

Prince2 198