2017 brings a major update to PRINCE2®: Equipping professionals for project success in a swiftly-evolving world

Must read

IT Project Teams are STILL driving competitive advantage

IT Projects are perfectly placed to shape the future of business as we emerge from this pandemic Businesses need to be leaner and more innovative. It’s time for IT Project teams to say, “Hold our coffee, watch us do our thing” – this is our moment.

Embrace the change: Getting to grips with new IT systems

New IT systems for a growing business can be an exciting prospect and deliver many benefits, but how do you convince employees to embrace...

5 Skills Needed To Drive Future Projects

Why do projects fail? It's a question that invites a lot of interest and significant statistics. And there are no wrong answers here. Skills shortages...

Does a Project Manager Need PM Qualifications?

What makes a successful project manager is a combination of their academic abilities, experience and skills, both "soft" and "hard" skills i.e. communication skills...

PRINCE2, the world’s most-practiced method for project management, has undergone a major update, its first since 2009.  Long recognized globally for delivering successful projects, PRINCE2 is the method of choice for over a million certified practitioners worldwide. The updated guidance, due for release in mid-2017, will place a strong emphasis on the scalability and flexibility of the method and on how best to tailor it to the complexity and specific requirements of a project.

In fact, the philosophy and practice of tailoring permeates the entire PRINCE2 2017 update; as a result, the method will respond reliably to the demands of today’s project management environment and its imperatives for versatility and agility. Now anyone with a project to manage – even if he or she is not a full-time project manager – will find PRINCE2 even easier to adapt to the needs of any organization and the project in hand.

The updated PRINCE2 guidance, Managing Successful Projects, will initially become available in an English version, with other languages to follow in due course. It has been developed in close consultation with over 100 project management professionals from the widest possible range of sectors and cultures – including PRINCE2 Practitioners, academics and organizations from across the world. The update has been shaped by their real-life experience of successfully applying the method, and of rising to professional challenges as technology changes the game, the expectations of customers and stakeholders grow, and it becomes imperative to achieve more with less financial outlay.

Peter Hepworth, Chief Executive Officer of AXELOS said:

“Time and again we hear that the only constant in the world is change, and PRINCE2 is evolving to respond to changes in business practice. At the same time, the key elements of PRINCE2 remain a constant – rooted in the realities of working life and as relevant as they ever were. The method’s strength, derives from decades of best practice in project management across diverse organizations and industries.

“As always, this latest evolution of PRINCE2 consolidates a wealth of real-life experience gained by the worldwide AXELOS-accredited community. This means it can be trusted to provide practical, authoritative and relevant guidance that enables anyone with a project to manage to get the best out of PRINCE2 – and to achieve success for themselves and their organization.”

■ PRINCE2: meeting the changing demands of project management

The update has been prompted by evolutions in business practice over the last decade. It reaffirms the validity of PRINCE2’s approach while responding to the shifting demands of today’s environment – half (50%) of organizations globally, and 80% of PRINCE2-certified Practitioners, acknowledge the value of working in an agile way.1

In a survey of 2,400 professionals, 88% of PRINCE2 practitioners said that the qualification had aided their career progression and was valuable in their current role (85%). The survey also found that a wide variety of professionals were applying the method, from full-time project managers (32%), IT (18%) and management consultants (15%), to a growing number of C-suite directors (6%)1  The survey shows that project management skills are becoming essential to any professional’s armoury, and this is recognized in the updated PRINCE2 guidance. Flexibility has always been a key factor in the success of PRINCE2, but now the updated method can be further successfully applied by anyone who has a project to manage, regardless of their job title.

■ Updated PRINCE2 Guidance and examinations

Business professionals familiar with PRINCE2 will notice that the update is characterized by an enhanced emphasis on:

–   tailoring PRINCE2 to the needs of organizations and project environments

–   the principles that underpin the PRINCE2 method

–   clarifying the link between the themes and principles

–   the restructuring of the themes guidance to accommodate specific examples of tailoring

–   the practical application of guidance, with updated diagrams, examples, hints and tips.

Reference

1.        Online survey of 2,400 business professionals, conducted by AXELOS between 22 February and 7 March 2016.

 

 

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -

Latest article

Training project teams on global projects

An exciting new project has started involving teams from right across the globe – both within the organisation and from external suppliers....

Project Management Lessons learnt from Covid Holiday Disruption

The very definition of Holiday (Noun - an extended period of leisure and recreation, especially one spent away from home or in travelling), is an entirely flexible parameter to work within, so how do we adapt? And what Project Management lessons are to be learnt from this summer?

Project management for the ‘new normal’

We live in strange times. Who would have thought last year that 2020 would be the year of Covid-19, the year of...

Long-Term Strategies To Help Manage Your Team Remotely

The world has changed profoundly since COVID-19. No one saw a global pandemic coming but now isn’t the time to panic. Instead,...

10 Steps for Planning and Implementing a Successful Branding Project

Your brand is perhaps your most valuable asset. It defines your organisation’s reputation and visibility in the market. The strength of your...