PROJECT MANAGAMENT
CERTIFICATION: PMP® or
PRINCE2®?
PRESENTED BY IT CHAPTER
www.itchapter.com
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This presentation is about…
§ Similarities and differences between PMBOK® Guide and PRINCE2®
method.
§ How PRINCE2® provides added value to a PMBOK® Guide
knowledge base.
§ Why you should be interested in PRINCE2®?
PRINCE® is a Registered Trade Mark of AXELOS Limited PRINCE2®
is a Registered Trade Mark of AXELOS Limited
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IT CHAPTER PARTNERSHIPS
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IT CHAPTER PRINCE2® TRAINERS TEAM
§ Henri-Jean Bonnis, PMP®, Prince2® Practitioner
§ Yves Pierre-Louis, PMP®, Prince2® Practitioner, TIPA® Assessor
§ Arnaud Laval, PMP®, CSM, Prince2® Practitioner
§ Svetlana Sidenko, MsC(Admin), PMP®, Prince2® Practitioner, ITIL® Expert, BRMP®,CPDE®,TIPA®
Lead Assessor
§ Olivier Abecassis, PMP®, Prince2® Practitioner, ITIL® Expert, CITAM®, CCAM®,TIPA® Assessor
§ Nodin Di Guida, PMP®, Prince2® Practitioner, ISO 9001 Lead Implementer
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IT CHAPTER PMP® EXAM BOOT CAMP PREPARATION TRAINING TEAM
§ Olivier Abecassis, PMP®, Prince2® Practitioner, ITIL® Expert, CITAM®, CCAM®,TIPA®
Assessor
§ Yves Pierre-Louis, PMP®, Prince2® Practitioner, TIPA® Assessor
§ Razvan Pirvu, MBA, PMP®, CGET®, ITIL® Expert
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Project Management certification bodies
Major certification bodies who have a dominant and significant influence
world-wide.
The Project Management Institute (PMI) with the Project Management
Body of Knowledge (PMBOK® Guide ed. 5),
AXELOS with PRINCE2®, with the latest publication in 2009.
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PMBOK versus PRINCE2®
§ The PMBOK or Project Management Body of Knowledge is intended
to encapsulate all the knowledge that relates to Project Management.
§ There are 600.000 PMI credentials holders worldwide
§ PRINCE2® is a methodology and process for managing a project in
any public or private sectors or industries that improves the chances
of successful project outcomes.
§ There are more than 1.000.000 PRINCE2® credentials holders
worldwide
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The PMBOK
§ In its publication, the Project Management
Institute (PMI) says the PMBOK is:
§ A Guide intended to help practitioners recognize the
general process of project management practice and
the associated input and outputs, and techniques for its
application.
§ The PMBOK® Guide is neither a textbook, nor a
step-by- step or ‘how-to’ type of reference.
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PMBOK
“… is a guide rather than a specific methodology. One can use different
methodologies and tools (e.g., agile, waterfall, PRINCE2®), to
implement the PM framework” (Reference: PMBOK 5th Edition,
Section 1.1)
§ Project management knowledge and practices are placed into 5
Process Groups:
§ Initiating
§ Planning
§ Executing
§ Monitoring & Controlling
§ Closing
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PMBOK® describes disciplines in 10 Knowledge Areas
1. Integration Management
2. Scope Management
3. Time Management
4. Cost Management
5. Human Resource Management
6. Quality Management
7. Communications Management
8. Procurement Management
9. Risk Management
10. Stakeholder Management
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PMBOK Strengths and Limitations
§ Strengths
§ Provides guidance and knowledge on:
§ Project management organized by Process groups and Knowledge areas
§ Leadership, and interpersonal skills
§ Reporting project costs such as EVM for effective reporting
§ Professional code of conduct of a project manager
§ Provides a complete step-by-step process on managing a project
§ Lists the tools and techniques that can be used in a specific process Knowledge
on specific aspects of the project for Procurement and Quality
§ Limitations
§ No guidance on:
§ Project management team responsibilities
§ Tailoring - how exactly to proceed and step by step approach
§ Outputs for processes described but little guidance on contents provided
§ No knowledge covered on the post project activity (realizing benefits)
§ Not enough details on the contents of plans
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PRINCE2®
§ A structured, process based project management method,
§ It stands for PRojects IN Controlled Environments. Helps you plan and control a project
of any size around a structure of key activities, ensuring that the benefits of a project
always outweigh the costs.
§ Project management tool for practitioners.
§ Extracts and focuses on key elements (Themes) which it identifies as being crucial to
the successful assessment and completion of all projects.
§ Contains a structured Process to tie those elements together to reduce overall project
risk, with several useful techniques to support them.
§ PRINCE2® Principles, Themes and Processes are consistent with the PMBOK®
Guide, but PRINCE2® does not include all the knowledge areas and details specified
in the PMBOK® Guide.
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The PRINCE2 Structure
§ PRINCE2® is a project management methodology and tool for practitioners.
§ PRINCE2® extracts and focuses on key elements (Themes) which it
identifies as being crucial to the successful assessment and completion of all
projects.
§ It contains a structured Process to tie those elements together to reduce
overall project risk, with several useful techniques to support them.
§ PRINCE2® Principles, Themes and Processes are consistent with the
PMBOK® Guide, but PRINCE2® does not include all the knowledge areas
and details specified in the PMBOK® Guide.
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PRINCE2® Strengths and Limitations
§ Strengths
§ Alignment to Business Case throughout the Project Lifecycle
§ Product Based Planning approach and focus on achieving them
§ Well defined Roles and Responsibilities of multiple stakeholders
§ Offers the depth “how to” method in project management practices
§ Robust system of checks and controls
§ Uses tolerances in key areas such as risk, scope and quality
§ Can be tailored and applied to any project
§ Offers a framework for facilitating individual Project success!
§ Management by Exception allowing more focus on areas requiring attention
§ Managing by Stages i.e. only one stage is committed at a time
§ Limitations
§ Detailed techniques to plan and carry out project activities are not provided
§ Leadership and People management skills are not covered
§ Little flexibility offered on adapting the best practices
§ Little emphasis on development of Project Managers skill sets
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Who is PRINCE2® for?
PRINCE2® Foundation Certification
§ New and experienced project staff managing, or involved in, small to
medium projects
§ Suitable for Junior Project Managers
§ Introductory step for those interested in a career in Project Management
PRINCE2® Practitioner Certification
§ New and experienced project staff, managing small to large projects
§ Suitable for Junior Project Managers, Project Administrators, PMO
Coordinators, Experienced Project Managers, Project Directors,
Executives
§ Next step for those interested in a career in Project Management, who
already have their PRINCE2® Foundation qualification
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Content - PMBOK vs. PRINCE2®
PMBOK
PRINCE2®
Comprehensive
guide
on
all
aspects
PracBcal
project
management
methodology
Purpose
of
project
management
based
on
principles
Process
Based
–
defines
the
what,
when,
A
knowledge
based
approach
to
Approach
who,
and
how
through
a
series
of
7
project
management
management
processes
Describes
core
pracBces
and
a
Content
A
series
of
7
project
management
processes
wider
range
of
techniques
PrescripBve,
but
meant
to
be
tailored
by
UBlizaBon
Non-‐prescripBve
,
best
pracBces
project
Defines
the
roles
of
everyone
involved
in
a
Roles
Primarily
the
project
manager's
role
project
-‐
Project
Board,
PM,
TM,
PA,
PS,
etc.
Procurement,
HR
management.
Business
case,
product
based
planning,
Inclusions
More
depth
on
techniques
such
as
management
by
excepBon,
clarity
in
roles
EVM,
CriBcal
Path,
esBmaBng,
etc.
and
authoriBes,
project
assurance
2
levels
of
cerBficaBons:
CAPM,
3
levels
:
FoundaBon,
PracBBoner,
CerBficaBons
PMP
Professional
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Accreditation – PMP® vs. PRINCE2®
Item
PMP
Accredita$on
PRINCE2
Accredita$on
Schema
Owner
PMI,
USA
AXELOS
,
UK
ENTRY
LEVEL:
CAPM
(CerBfied
Associate
Project
Management)
Eligibility:
23
hrs.
of
Contact
Training
+
PRINCE2
FoundaBon
Eligibility:
None
1500
hrs.
of
project
experience
Eligibility
EXPERT
LEVEL:
PMP
(Project
Management
Professional)
Eligibility:
35
hrs.
of
Contact
Training
+
4500-‐7500
hrs.
of
PRINCE
PracBBoner:
PM
experience
is
recommended
project
experience
Prerequisites
PMI
ApplicaBon
Approval
FoundaBon
level
cerBfied
to
PracBBoner
Open
Book
No
No
for
FoundaBon,
Yes
for
PracBBoner
exam
Paper
Based
–
Monitored
(Online
available
for
Exam
Format
Online
or
Computer
Based
-‐
Monitored
FoundaBon)
Examina$on
ExaminaBon
Center
(Prometric)
Last
day
of
training
(with
ATO)
Exam
Dura$on
4
h
FoundaBon:
1
h
–
PracBBoner:
2.5
h
FoundaBon:
mulBple
choice,
PracBBoner:
Scenario
with
Exam
PaKern
MulBple
Choice
ObjecBve
Type
5
type
of
quesBons:
MulBple
choice,
mulBple
response,
matching,
sequencing
and
asserBon/reason
FoundaBon:
70
quesBons
#
ques$ons
200
quesBons
PracBBoner:
8
quesBons:
80
marks
Pass
rate
criteria
PMP:
62.5%
FoundaBon:
50%,
PracBBoner:
55%
Re-‐Cer$fica$on/
AccumulaBon
of
60
PDUs
in
3
years
Re-‐registraBon
exam
aier
5years
renewal
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PRINCE2® and PMBOK are complementary
§ PMBOK provides the knowledge and PRINCE2® the “how-to”
§ PMBOK is a map, Prince2® is how to get there
§ There are both a good foundation for “doing projects right”
§ They both provide an internationally proven approach to implementing
projects
§ Are both Project Management “Best Practices”
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In short, whether you are an Executive,
Project Director, Project Manager, or Subject
Matter Expert (SME), PRINCE2® will give you
a new perspective on how to successfully
deliver projects!
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As a Project Manager PMP® certified, why is any additional
certification necessary?
§ Being PRINCE2® certified will provide your Clients and Management
with the confidence that you understand the mechanisms allowing
you to succeed with the projects that were assigned to you.
§ Gives you hands on tools and practical guidance on “how to” of the
project management
§ Ability to manage international projects in organizations which
adopted PRINCE2® method
§ At the end of the 5 days of training, you will have immediately earned
38 Personal Development Units (PDUs) (Category B).
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As a Project Executive, why should you adopt PRINCE2®
for you organization?
§ To improve control of your projects portfolio, be in total control.
§ To save time by managing all projects by exception. When all goes
well, you will be appropriately informed. If the trend is worsening,
however, you will be advised in a timely manner by the steering
committee.
§ To ensure that all PRINCE2® projects are aligned with their “Business
Cases”.
§ To easily pass along the benefits of PRINCE2® methodology to a
large number of your employees.
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As a Director of the Project Management Office, how will
you benefit by changing to the PRINCE2® methodology?
§ It is easy to adopt because PRINCE2® aims at providing a proven
formula for maximizing project successes.
§ PRINCE2® is complementary to, and fully compatible with, a wide
variety of methodologies such as Agile or PMI.
§ PRINCE2® emphasizes the customer’s vision within any given
project, clearly defines roles and responsibilities, provides clear
escalation criteria and procedures, and ensures both transparency
and constant evaluation/re-evaluation.
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As Subject Matter Expert (SME), how would I benefit from
learning the PRINCE2® project management
methodology?
§ It will help you better understand how your contribution to a project
fits within a more complex framework.
§ Being PRINCE2® certified will help you clearly understand the terms
of each project and the language of the Project Manager, and will
guide you in delivering your specific part of the finished product.
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In summary…
At a high level, PMBOK® Guide is a Body of Knowledge and
PRINCE2® is a method for successful management of Projects.
PMBOK
§ PMBOK® Guide is a descriptive comprehension of the PM
Processes, Tools and Techniques.
§ PMBOK® Guide defines the collection of knowledge, generally
recognized as Best practices for managing Projects
PRINCE2®
§ PRINCE2® takes a prescriptive (although flexible) approach for
Project Management, complete with Templates, Roles and
Responsibilities of multiple Stakeholders etc.
§ PRINCE2® is a process-driven PM method
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OUR PMP BOOT CAMP EXAM PREP@ AND
PRINCE2@ COURSES SCHEDULE:
http://itchapter.com/training/courses-
calendar/
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