Contents

• Introduction 3
• What is the relationship of PRINCE2 with Project Management, Programme Management, 3
• What is PRINCE? 4
• Benefits of PRINCE as an effective tool 4
• What are the key features of PRINCE? 5
• What are the characteristics of PRINCE Project? 7
• PRINCE Techniques 7
• Advantages 9
• PRINCE2 Processes 10
• The PRINCE2 Process Model 10
• Directing a Project (DP) 10
• Project Starting up (SU) 11
• Components of PRINCE2 11
• What does PRINCE do? 12
• Case study 14
• 2. British Council & PRINCE2 15
• Advantages of Prince 15
• Conclusion 23

Description

This assignment is based on the following assignment description –
“PRINCE provides benefits to the managers and directors of a project and to an organisation, through the controllable use of resources and the ability to manage business and project risk more effectively.”
“PRINCE embodies established and proven best practice in project management. It is widely recognised and understood, providing a common language for all participants in a project. PRINCE encourages formal recognition of responsibilities within a project and focuses on what a project is to deliver, why, when and for whom.”
You are required to produce a report of approximately 4,000 words entitled “An evaluation of the use of the PRINCE2 project management methodology”. The report should include a discussion and evaluation of the following areas:
The relationship between Programme Management, Project Management and PRINCE2
The PRINCE2 Processes
The PRINCE2 Components
The PRINCE2 Techniques