Wednesday, March 29, 2006

PMBOK way or PRINCE 2 way?


PMBOK (Project Management Body Of Knowledge) is the recognized (de facto) standard of project management knowledge.

In the UK and some other Europe countries, PRINCE2 (Short in Projects IN Control Environment) is the project management methodology of choice.

Many of new project managers are confused when it comes to the methodology whether they should practice PRINCE 2 or PMI Standards. or whether they should invest in learning PRINCE 2 or PMI Standards. Being a PMP I encourage my PMs to use Company wide PMI standards in Project Management as I see there is quite lot of benefits to the business for using PMBOK method. PMs who are familiar in PRINS 2 always try to stay with it. Bur what I say is that anybody could use best out of both..
As I studied, there are many similarities in PRINCE 2 Process compared to PMBOK so the PRINCE2 approach can provide added value to PMBOK knowledge base.

Download Presentation – How to make best out of PMBOK and PRINCE 2

http://www.pmiwestchester.org/downloads/Prince2PMBOK.pdf

3 comments:

unsui on 1:41 AM said...

Thusara,

They say "there are many ways to skin a cat", PMI,Prince 2 they will still have overlapping areas , differences will be there but little

Anonymous said...

Hi Thushara,

Very good point and presentation!

Project Management is vital for any company, but a well managed project that is not aligned with the business strategic vision and cant deliver value is useless and a damage or great loss for all the business.

I am using for several years Enterprise Engineering (EE) and Project Management is needed and used all over the 7 components of EE. More on EE at http://blogs.ittoolbox.com/eai/practices/archives/the-great-transition-8696#1585823 .

Some projects tend to fail not by the project Management methodology but for other factors, see the 1994 CHAOS Report at http://www.standishgroup.com/public.php .

Maybe we will see in the near future a merge between PMI and PRINCE2 in a new ISO Standard following ISO 10006.

Carlos Neves

Ayman Nassar on 11:38 AM said...

Nice set of slides. thanks for sharing

 

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