PARTHENON CONSULTANCY LTD

PROJECT MANAGEMENT SPECIALISTS

PRINCE2 for Senior Managers

Perceptions of PRINCE2.

What is PRINCE2? Well, it rather depends on your point of view.

To middle and senior managers PRINCE2 is a mixture between a philosophy and a series of processes which are targeted to ensure that a project achieves its required return on investment.

Project managers benefit from PRINCE2 because the PRINCE2 processes provide them with a framework of what they need to do in order to succeed.

Clerical and technical staff find that working in a PRINCE2 environment gives them clear and unambiguous direction.

The PRINCE2 Processes and Components.

PRINCE2 has a process-based approach to project management. The processes define the management activities to be carried out during the project. In addition, PRINCE2 describes a number of components that are applied within the appropriate activities.

The PRINCE2 processes are:

	Directing a project
	Planning
	Starting up a project
	Initiating a project
	Controlling a stage
	Managing product delivery
	Managing stage boundaries
	Closing a project