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What makes PRINCE2 different to other methodologies?

 
 

The Philosophy.

Historically most project management methodologies have concentrated on practical ways to plan technical work and report its progress. PRINCE2 takes a much wider view and considers the organisational environment within which the project exists.

Key to the PRINCE2 philosophy are concepts that are often missing from other methodologies:
 

 Parthenon Consultancy for project management, safety training and business books The Business Case
 Parthenon Consultancy for project management, safety training and business books Project Initiation Document
 Parthenon Consultancy for project management, safety training and business books Acceptance criteria for everything the project produces
 Parthenon Consultancy for project management, safety training and business books The customer's quality expectations
 Parthenon Consultancy for project management, safety training and business books Checkpoint reports
 Parthenon Consultancy for project management, safety training and business books Exception Plans (where required)

Business Case.

The Business Case provides the reasons and justification for the project, based on estimated costs, risks and expected benefits. The Business Case drives the project. If a satisfactory Business Case does not exist then the project should not be started. If the Business Case ceases to be valid then the project should be stopped. 

Project Initiation Document.

The Project Initiation Document (PID) contains key information needed to start the project 
on a sound footing and forms the basis for the management of the project. 

Acceptance Criteria.

Acceptance criteria are specified before any work is carried out. It defines in measurable 
terms what must be done for the final product to be acceptable to the customer and others 
who will be affected.

Customer's Quality Expectations.

The customer's quality expectations document sets out the quality of the final product that 
will be expected by the customer. It forms a part of the Project Brief and is a precursor to 
identifying the standards that will be used to achieve those expectations.

Checkpoint Report.

A Checkpoint Report is produced on a regular basis by each team manager and covers the 
status of the team's work.

Handling Exceptions.

Many project management methodologies give no guidance regarding what action to take if it is identified that targets are not going to be achieved. PRINCE2 initiates an Exception 
Plan when it becomes clear that the time and or cost budget will be exceeded (or the agreed tolerance from those figures will be exceeded). It is a plan to get the project back on 
track.

PRINCE2 Certification.

All of Parthenon's project managers are PRINCE2 certified and have extensive experience 
implementing it.


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