|
PROJECT
MANAGEMENT
Here at Penk Valley Solutions Limited we follow the
principles laid down by the PRINCE2 (PRojects
IN Controlled Environments)
project methodology. Our Panel Members who are Project
Managers are required to be PRINCE2 trained.
Why do we use PRINCE2 and
why do we require our Project Manager Panel Members to be
trained in PRINCE2 project methodology?
PRINCE2 is a process-based method for
effective project management.
PRINCE2 is a de facto
standard used extensively by the UK Government and is widely
recognised and used in the private sector, both in the UK
and internationally. The method PRINCE2 is
in the public domain, offering best practice guidance on
project management.
The key features of PRINCE2 are:
- Its focus on business justification
- A defined organisation structure for
the project management team
- Its product-based planning approach
- Its emphasis on dividing the project
into manageable and controllable stages
- Its flexibility to be applied at a
level appropriate to the project.
Using PRINCE2 provides you with
greater control of resources, and the ability to manage
business and project risk more effectively, which provides
benefits to:
- individuals
- project managers
- directors/executives (senior
responsible owners) of projects, and
- organisations
PRINCE2 is recognised as a
world-class international product and is the standard method
for project management, not least because it embodies many
years of good practice in project management and provides a
flexible and adaptable approach to suit all projects. It is
a project management method designed to provide a framework
covering the wide variety of disciplines and activities
required within a project.
PRINCE2's formal recognition of
responsibilities within a project, together with its focus
on what a project is to deliver (the why, when and for whom)
provides your organisation's projects with:
- a common, consistent approach
- a controlled and organised start,
middle and end
- regular reviews of progress against
plan
- assurance that the project continues
to have a business justification
- flexible decision points
- management control of any deviations
from the plan
- the involvement of management and
stakeholders at the right time and place during the
project
- good communication channels between
the project, project management, and the rest of the
organisation
- a means of capturing and sharing
lessons learned
- a route to increasing the project
management skills and competences of the organisation's
staff at all levels
To Summarise
PRINCE2 provides benefits to the
managers and directors of a project and to an organisation,
through the controllable use of resources and the ability to
manage business and project risk more effectively.
PRINCE2 embodies established and
proven best practice in project management. It is widely
recognised and understood, providing a common language for
all participants in a project.
PRINCE2 encourages formal
recognition of responsibilities within a project and focuses
on what a project is to deliver, why, when and for whom.
PRINCE2 provides projects with:
- A controlled and organised start,
middle and end
- Regular reviews of progress against
plan and against the Business Case flexible decision
points
- Automatic management control of any
deviations from the plan
- The involvement of management and
stakeholders at the right time and place during the
project
- Good communication channels between
the project, project management, and the rest of the
organisation.
If you have project in mind, no matter
how large or small, then contact Penk Valley Solutions Ltd.
for free advice and a free quote for the management of your
project. |
