Price 2 Foundation
Price 2 Foundation
The program is known as Projects IN Controlled Environments Ver. 2. It is among the best and
most recognized project management approaches derived from its predecessor Ver. 1. It was
created in 1989 as a project management strategy to assist the UK's Central Computer and
Telecommunications Agency (CCTA). Much of the ideas and basics of Projects IN Controlled
Environment are derived from the earlier versions. However, compared to Ver. 1, Ver. 2 is more
versatile and can be readily deployed across almost all industries.
Since its inception in 1996, Ver. 2 has undergone many changes and adaptations to match the
current industry dynamics and standards. Any project and environment can quickly adopt this
program as its management strategy. The strategy has been successfully adopted in more than
50 countries. It is designed to benefit both the public and private sectors.
The latest update made to PRojects IN Controlled Environments Ver. 2 was in 2017. In this
update, the program was made more flexible and concise. Many methods also saw
improvements; now, the strategy can easily adapt to different environments, such as projects
with agile approaches, projects involving external suppliers, smaller projects, projects within
programs, etc.
"a temporary organization that is created for delivering one or more business products
according to an agreed business case”.
Change
A project brings out a change within an organization. For example, if an organization works on a project
concerning the implementation of AI to filter out suitable candidates, then there will be a change in the
functioning of this organization's HR department.
Temporary
Projects are not destined to keep going forever. They have a starting point and an endpoint. This
endpoint is achieved when the project can deliver the intended and desired changes within the
organization.
Cross-Functional
An ideal project must be cross-functional, i.e. it must have representatives with diverse skill sets.
They should also belong to different departments of the organization. Sometimes, these
representatives are even selected from different organizations.
Although this diversity of perspectives and skills must be well-appreciated, there must be an
alignment amongst these perspectives. Otherwise, the project's completion speed will slow
down and even risk failure.
Unique
A project must always have some extent of uniqueness in it. This uniqueness can range
anywhere from the project of sending the first human being into the space to the installation of
new software in your office. Now, although you might have seen the installation of software
programs earlier as well, this project can be a little different as can involve new people and bring
out change in your organization.
Uncertainty
The last four characteristics induce a lot of uncertainty into a project, and nobody in the
organization can project how things will turn out. Compared to regular business practices or
business, there can be a lot of unforeseen circumstances and risks involved in a project.
Therefore, uncertainty is one of the important elements of a project.
Business as Usual
Any work that is a component of the organization's normal operations is called business as
usual. You can consider the following examples:
As usual, the operations and works that are part of the business do not bring any significant
organizational changes. They are with no predefined endpoint and involve people with the same
expertise or business area. Business, as usual stems from a project. For example, constructing a
call center for an organization can be considered a project, as it will bring unique organizational
changes. But once the construction of this call center gets completed, and it begins its
operations, it will turn into business as usual. In that case, its normal operations will help and
facilitating the organization's clients and customers.
Certifications in PRojects IN Controlled Environments
Ver. 2
PRojects IN Controlled Environments Ver. 2 certification schemes help project managers to gain
the fundamental and essential knowledge of how the method works and what its implications
can be. Overall, the certification training and certification have two levels:
This certification enhances the knowledge gained in PRINCE2 Foundation and enables
project managers to apply the method in a live working environment and curate it according
to the environment's needs.
Entry-level jobs.
Mid-career jobs.
Senior-level managers.
Entry-level Jobs
Assistant Project ManagerProject Coordinator
Project Scheduler
They augment project managers in performing administrative and technical tasks. Their primary
responsibilities include designating tasks for their subordinates, connecting the project lead with
other managers, reviewing the implementation of the project, and looking after its correct
execution. Assistant project managers have to perform their daily responsibilities and tasks,
such as resource management, budget monitoring, cross-departmental collaboration, vendor
coordination, etc.
Project Coordinator
A project coordinator ensures the smooth execution of the project. They specialize in making
spreadsheets, graphs, and other reporting tools. They also have core knowledge of budgeting, so
they can make presentations and present them to the project managers. Their other
responsibilities are management of project-related paperwork, reviewing the project proposals,
making project schedules, and looking after new information concerning the project.
Project Scheduler
As their name indicates, project schedulers are assigned the duty to schedule different aspects
of a project and ensure that they achieve their deadlines and objectives per their stakeholders'
expectations. Project schedulers must have a good command of scheduling software to detect
and mitigate any delays. Project schedulers should also know different ways to break a project
into phases. They should also know to prepare and present progress reports of a project.
A team lead is responsible for designing a structure or the project, motivating the team to work, managing
conflicts, and making decisions by collaborating with the whole team. The role of a Project Team Lead is
different from that of a Project Manager because Team Lads have to create and maintain order and unity
amongst their members.
Business Analyst
Business analysts remain in contact with the project management team and ask them about the
client's requirements. Their basic role is to work as a bridge between the project team and the
client, as they negotiate with project managers to tailor their work according to the specific
needs of the client.
Business analysts also analyze risks, costs and benefits, and tradeoffs for the organization.
Project Manager
The basic duty of a project manager is to plan and execute the projects, such that organizations
can improve their processes, develop new products, and seek other initiatives. Project managers
supervise project coordinators, schedulers, and assistant project managers.
Project managers must have excellent communication skills and they must ensure that all of
their budgets, schedules and project goals are well-aligned.
Resource Manager
Resource managers play their part in completing the project by allocating the best people for the
job. They aid project managers by hiring new employees according to o the dynamics of the
project.
A resource manager also monitors employees' performances closely and has a good grasp of
HR processes, such as benefits, compensations, and employee training. An essential duty of a
resource manager Is to stay aware of local laws and regulations concerning employee
recruitment.
Senior-Level Jobs
Senior Project Manager
PMP (Project Management Professional) Certification from PMI: PMP certification from the
Project Management Institute is considered the gold standard in project management.
The requirements for PMP certification are at least 4500 hours of experience in project
management and directing. You should also have 35 hours of project management
education.
PMI-ACP Certification: PMP-ACP certification helps those project managers working in a
change drive environment. Such environments require the delivery of products in a short
time. PMP-ACP certification requires at least 2000 hours of general project management,
1500 hours of agile project experience, and 21 hours of agile training practices.
You can learn more about the PMP examination by enrolling in PMP Project Management -
Fundamental Concepts for Beginners course on Alison.
This certification will enable you to help project teams using scrum to complete the projects
effectively. Its completion requires at least 16 hours of course training from a Certified Scrum
Trainer. Moreover, you must also be able to answer at least 24 answers out of 35 questions in
the online Scrum test.
Certified Scrum Product Owner
The CSPO certification is ideal for those project managers who are well-versed with the needs of
stakeholders and have a product envisioning perspective.
Certified Scrum Developer
The CSD certification is aimed at software developers. The whole training comprises five days,
and there are two training regimens to choose from. Either
1) You can get 2 days of CSM training with 3 days of CSD technical training (along with coding)
2) A 1-day introduction course on CSD, 3-days of CSD-technical training with coding, and one day
of CSD selective course
Certified Scrum Professional (CSP)
In order to obtain your CSP certification, you must have either CSM,
CSPO, or CSD certifications. Other requirements include:
2) At least 70 SEUs (Scrum Education Units). The 24 SEUs for CSM, 16 SEUs for CSPO, and
24 SEUs for CSD can also make up for the cumulative requirement of 70 SEUs.
The SEUs earned other than CSM, CSPO, and CSD must have been earned in the last 3 years,
while the rest of them can be older.
Bibliography
The seven principles of PRojects IN Controlled Environments Ver. 2: They explain the
guidelines to be followed in this program.
The seven themes: Describe the tools to be used in the project.
The seven processes: They provide details for the PRojects IN Controlled Environments
journey, from its beginning to its end.
Aside from these components, management products are also an important component of the
this methodology. There are around 26 management products in this program, and they are
divided into the following three parts:
Baselines.
Records.
Reports.
Every project is planned and executed in a stage-by-stage manner. Moving between these stages
means regularly updating the business case, identifying risks, determining the overall plan, and
detailing out the next stage plan in the light of new evidence.
It is unnecessary for every project to incorporate these, even principles, at the same time. In fact,
the application of these processes is determined by scaling the project. This helps project
managers in determining which principles they should apply to their projects and when.
The positive aspect of this scenario is that it can be curated according to the individual needs of
a project. In contrast, the negative aspect of this approach results in a PINO (Program In Name
Only) project.
Manage by Exception
For each project objective, the project has defined tolerances. Through these, the program can
define the limits of the delegated authority.
Focus on Products
Every project emphasizes defining and delivering the products, especially their quality
requirements.
Business case
Organization
Risk
Change
Progress
Quality
Plans
On the following pages, you will learn the important management products (or tools)
corresponding to each of these PRojects IN Controlled Environments Ver. 2 themes.
List One
1. Goals of care & Plans for care.
5. Focus Group.
6. Control Trials.
List Two
1. Project Product Description (part of Project Brief and refined in the PID).
3. Product Description.
Change Activities, consumer engagement, change control approach, issue register, publication,
processes, resources, records approval, tool refinement, workforce
Progress
Baselines for project controlling: Project plans, Stage plans, and Team
plans.
Review: Issue register, quality register, risk register, and product status
account.
Reporting: Checkpoint reporting, end-project report, end-stage report, highlight report.
Starting a project: It includes the appointment of the project team, along with an executive
and a project manager. The project briefs were also produced during this process.
Starting project: Here, the business case is redefined and Project Initiation Documentation is
assembled.
Directing a project It lists the ways using which the project board oversees a project.
Controlling a stage: It defines the controlling of each individual project stage. It also outlines
the ways using which work packages will be authorized and distributed.
Managing project delivery: Its purpose is to control links between the project manager and
team manager(s) via placing formal requirements on acceptance, execution, and delivery
of the project work.
Managing stage boundaries: It defines the transition from one stage to another.
Closing a project: It is concerned with the formal decommissioning of the project along with
follow-on actions, and evaluation of the benefits gained.
The Benefits Management Approach: It defines the method and time for measuring the
project's benefits expected by the senior user.
Business Case: It captures financial justification for a project. It works as per the principle
that a project must display continued business justification. According to the program, if
the Business Case becomes non-sensical, the project must either be changed or
stopped.
Checkpoint Report: This report is created by the Team Manager and sent to the Project
Manager regularly to report the status of the Work Package.
Communications Management Approach: It describes methods and frequencies of
communicating with stakeholders while covering the information flow to and from the
stakeholders.
Daily Log: It records informal issues.
Issues Register: It consists of notes regarding change requests, complaints, and problems
sent by the project members.
Lessons Log: It contains the lessons learned that could be useful in future projects.
Bibliography
Hinde, D., 2018. PRojects IN Controlled Environments Ver. 2 2nd ed. Indianapolis: Sybex a
Wiley Brand.
Axelos.com. n.d. [online] Available at: [Accessed 4 September 2022].
What is Agile?
Agile is basically an iterative approach that is used in project management and software
development. After combining with this program and Agile, it becomes PRojects IN Controlled
Environments-Agile. This dual framework for project management was released back in 2015
and, since then, has been extremely popular.
Compared to the course subject program, Agile takes a more flexible and
iterative approach to project planning and management. Under Agile, large
cross-functional teams work autonomously and provide solutions according
to the ever-changing requirements of the project. The results of the Agile
method are quick, efficient, and in line with the project's designated timeline.
Self-Organization of Teams
It does not focus on team organization, or the In SCRUM, all the tasks that need to be
methods used by a team for project completed are displayed on a burn-down chart
completion. Instead of focusing on an or a task board. All the members of the team
individual's capabilities, and emphasizes on are then free to choose and select the tasks
their affiliation with a particular team. from these lists according to their own
capabilities.
Features of the final product must not change SCRUM method believes that customer
over the course of the project. requirements can change with time.
If any change is required, then its proposal In SCRUM, there is no filtration process
has to go through a stringent filtration designated to propose and change
process by a change control authority. customers' requirements.
The developers do not cater to any SCRUM developers keep in touch with their
inconsistent demand from their customers. customers and take a more flexible approach
to their needs.
PRojects IN Controlled Environments Ver. 2 and SCRUM have their advantages and
disadvantages, and none of the two project management methodologies provide holistic
coverage. The primary thing to be remembered here is that the controlled projects program
depends on the project manager's role. In contrast, SCRUM members perform according to their
capabilities, and there is almost no central role in the team.
Visualizing the Work: When team members visualize their work, they can get a better sense
of the project.
Limiting the Work-in-Progress (WIP): Since switching between tasks is time-consuming, the
Kanban system focuses on WIP. This ensures that people only accept doing work when
they are capable of doing so.
Flow Management: After reaching the WIP limit, a bottleneck is created. This is when others
in the Kanban system hustle together to get rid of this bottleneck, even if they lack the
expertise.
Clear Policies: Kanban focuses on creating limits on WIP early in the project. It proposes
solutions to solve these bottlenecks to save time.
Feedback Loop Implementation: Daily meetings and collaboration with customers is an
integral part of the Kanban policy as this helps in getting valuable feedback.
Collaborative Improvement with Experimental Evolution: The Kanban method emphasizes
identifying the bottlenecks and improving them once they are identified. Also, taking a
proactive approach, such as the PDCA cycle, can be helpful in preventing such
bottlenecks in the future.
The WIP limit can be set according to the number of members in the team. For example, if
there are four software developers within a team, they will be assigned only to do those
four tasks.
Project Managers must make clear and explicit policies for a smoother workflow. They
should look forward to implementing the scope and risk management for the task.
Project managers should also set the feedback loop and stay involved within it. They can
communicate with other managers and stakeholders by remaining in the feedback loop.
Also, staying engaged in the feedback loop helps them determine if the project is going
in the right direction.
Combining PRojects IN Controlled Environments with Kanban does not imply that the project
managers must be involved in everything from start to finish. For them, the most important thing
is to stay within the feedback loop crucial for meaningful project management. To learn more
about Kanban, it is recommended to take this course on Alison: The Kanban System - Lean
Scheduling & Management Approach to Just in Time (JIT)
Most startups begin by acting upon their initial business idea while neglecting the overall
aspect of management. The Lean Startup methodology discourages this and provides startups
with helpful tools with which they can ensure effective management while building and
retaining their customer base.
If you want to understand lean completely, we recommend our learners to take this diploma
course on Alison: Diploma in Lean Manufacturing - Productive Management with Fundamental
Tools
Developing Smartly
The Lean methodology introduces startups to a crucial question i.e. whether or not the product
should be built. According to Lean, a product should only be developed if the business has an
established customer base and it can use it to survive and flourish.
With Lean, a startup should identify a problem it wants to develop and sell its product as a
solution. Then, it should develop a minimum viable product to check whether or not the product
can solve this problem. If the startup is certain about its product's problem-solving capabilities, it
should start fine-tuning the product. The startup can perform various structural course
corrections throughout this fine-tuning process to improve its product.
Combining Lean with PRojects IN Controlled
Environments
When combined, Lean can help determine if the project is on the right track. Simultaneously,
controlled projects can help with a continuous evaluation of the Business Case and project
management by dividing it into stages and providing experience-based learning.
If you want to excel more in project management and related fields, then you can try these
courses on Alison
Bibliography
Good e-Learning. n.d. What is PRojects IN Controlled Environments Agile? Everything you
Need to Know | Good e-Learning. [online] Available at: [Accessed 6 September 2022].
Hinde, D., 2018. PRojects IN Controlled Environments® 2nd ed. Indianapolis: Sybex a Wiley
Brand.
Lesson Summary
Change: A project brings out a change within an organization. For example, if an organization
works on a project concerning the implementation of AI to filter out suitable candidates,
then there will be a change in the functioning of this organization's HR department.
Temporary: Projects are not destined to keep going forever. They have a start point and an
endpoint.
Cross-Functional: An ideal project must be cross-functional, i.e., it must have representatives
with diverse skill sets. They should also belong to different departments of the
organization.
Unique: A project must always have some extent of uniqueness in it.
Uncertainty: Compared to regular business practices or business, there can be a lot of
unforeseen circumstances and risks involved in a project.
Lesson Summary
The Seven Principles of PRojects IN Controlled Environments Version 2
Continued Business Justification: During any project, the Business Case serves as the most
crucial document. It is required to be updated at every stage of the project to ensure
project viability.
Learn from Experience: This program principle ensures that each project maintains its
lessons log. The lessons obtained from each project are either categorized as lessons
identified or as lessons learned.
Defined Roles and Responsibilities In every project, team members are assigned different
roles. Each individual team member can either share a role or take on multiple roles
simultaneously.
Manage by Stages: Every project is planned and executed in a stage-by-stage manner.
Manage by Exception: For each project objective, the program project has defined
tolerances. Through these, program can define the limits of the delegated authority.
Lesson Summary
The Seven Principles of PRojects IN Controlled Environments Ver. 2
Focus on Products: Every project emphasizes defining and delivering the products, especially
their quality requirements.
Tailoring to Suit the Project Environment: Themethodology is designed such that it can be
tailored according to the specific needs of a project's environment.
Lesson Summary
Essential Principles of the Lean Method
Elimination of Uncertainties: The Lean method provides startups with helpful tools with
which they can ensure effective management, and eliminate any uncertainties while
building and keeping their customer base.
Developing Smartly: According to Lean, a product should only be developed if the business
has an established customer base and it can use it to survive and flourish.
Developing Minimum Viability Products: With Lean, a startup should identify a problem it
wants to develop and sell its product as a solution. Then, it should develop a minimum
viable product to check whether the product can solve this problem.