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PRINCE2®
A presentation by QAI
2
PMBOK® Guide vs. PRINCE2®
PRINCE2® is widely used in UK/ few European Countries,
whereas PMBOK® based standard is quite popular in USA.
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PMBOK® vs. PRINCE2®
At a macro level, PMBOK® Guide is a Body of Knowledge and
PRINCE2® is a method for successful management of Projects.
PRINCE2 THEMES
PRINCE2 PRINCIPLES
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The PRINCE2 Processes
Initiation Subsequent Final delivery
Pre-project
stage delivery stage(s) stage
Directing a Project
Directing
SU
SB SB CP
Managing
IP Controlling a Stage Controlling a Stage
Managing Product
Delivering Managing Product Delivery
Delivery
Key Note
SU = Starting up a Project • Starting up a Project is used by both the directing and
IP = Initiating a Project managing levels
SB = Managing a Stage Boundary • There should be at least two management stages, the first
CP = Closing a Project of which is the initiation stage.
• Managing a Stage Boundary is first used at the end of the
Initiation stage and repeated at the end of each subsequent
stage except the final stage. It is also used to prepare Exception
Plans, which can be done at any time including in the final stage.
• For complex of lengthy initiations, Controlling a Stage
and Managing Product Delivery can optionally be used to
manage the initiation stage.
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Major inclusions in PMBOK® Guide
(vis-a-vis PRINCE2®)
Procurement Management
(Contract Management)
Team Management
Cost Management/ Earned Value Analysis
Schedule Management
Communications Management
9
Customers Predominantly using
PRINCE2
The following sets of customers/Projects are known to be using/
interested in PRINCE2®.
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http://www.qaiglobal.com
INDIA
USA
UK
CHINA
MALAYSIA
Click here for more on Project and SINGAPORE
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