Pmispmbokvsprince2 123858628552 Phpapp02

How PRINCE2 Can
Complement PMBOK and

Your PMP
TM
Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGC
Revert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.
Abstract
PMBOK is the recognized (de facto) standard of Project
Management knowledge. In the UK and Europe, PRINCE2 TM is
the project management methodology of choice, and is required
by the UK government for all projects it commissions.
This presentation will provide an overview of the PRINCE2TM
method and examine the similarities and difference between
PMBOK and PRINCE2TM.
Finally, we will see how these two project management
approaches relate and complement each other and how the
PRINCE2TM project management methodology provide added
value to a PMBOK knowledge base.
vs.
AGENDA
Organization Structure
Prince2TM - What is it?
What do I need to know about Prince2 TM ?
Comparison Friend or Foe?
Program Management - Overview
vs.
ORGANISATION LEVELS
Strategic
Tactical
Operational
vs.
Typical Project Management Organization

Tactical
Strategic
Level
Level
Project Sponsor
Project Stakeholders
PMO
Project Manager
Operations
Project Team
Level
Project Team
vs.
PROJECT MANAGEMENT ORGANISATION
Senior / Corporate / Program Management

Project Board
Senior
User
Executive
Strategic
Senior
Supplier
Level
Project Assurance
Tactical
Project Manager
Level
Project Support
Team Manager
Operations
Level
Project Team
Project Team
vs.
PROJECT MANAGEMENT ORGANISATION
Senior / Corporate / Program Management

Project Board
Strategic
Executive
Project Manager
Team Manager
MSP / Portfolio
PGMP / PRINCE2 PM
Level
Tactical
Level
PMP
Operations
Level
Project Team
Project Team
vs.
PRINCE2 = PRoject IN Controlled Environment

TM
vs.
Is this the Project Management??
Project
Assurance
Tolerance
Executive
Stage
Highlight
Report
Checkpoint
Report
Senior
Supplier
Product
PID
Senior User
Project
Board
Product
Description
PBS
vs.
Is this the Project Management??
Phase
Sponsor
Performing
Organization
Customer
PMP
Deliverables
WBS
Progress
Report
Status
Report
10
vs.
PROJECT DEFINATION
a management environment that is created for the purpose of
delivering
one or more business products according to a specified Business Case
a Project is a Temporary endeavor undertaken to create a unique

Product, Service or Result
11
vs.
Project Management Method, tailorable for use
on all types of Project
Best Practice Guide on Project Management
Owned by Office of Government Commerce
(OGC) in the UK. In the public Domain
www.ogc.gov.uk/prince2
Described in Managing Successful Projects with
PRINCE2
Is a METHODOLOGY but does NOT provide
Templates
12
vs.
PMBOK
Recognized (de facot) standard for Project
Management
Generally when we talked about PMBOK
referring to A Guide to the Project Management
Body of Knowledge, Third Edition
Identifies and describes subset of Project
Management which is generally accepted
Is not a methodology
13
PRINCE2 Process Model

TM
vs.
14
vs.
15
vs.
16
vs.
17
vs.
18
vs.
19
vs.
20
vs.
21
vs.
22
vs.
23
vs.
24
vs.
Combining the Best of

PRINCE2TM and PMBOK
25
vs.
After the Project Managers receive their PMP certification they often ask
Where do I start?
How do I put all of this together to actually run a project?
26
vs.
PRINCE2TM becomes useful at this point, because,

as methodology, it can shape and direct that knowledge.
PRINCE2TM needs experience and the depth of

PMBOK to fill it out
27
vs.
PROGRAM MANAGEMENT
OVERVIEW
28
vs.
Governance Structure of
Program Management
&
PRINCE2 Project Management
TM
IS EXACTLY SIMILAR
29
vs.
30
vs.
31
Thanks
Rajiv Sharma
PMP ; PgMP ; PRINCE2 Practitioner
E-mail: shrajiv_sharma@rediffmail.com
Linkedin: http://www.linkedin.com/in/rajivsharma22
SlideShare: http://www.slideshare.net/rajivsharma22
32

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How PRINCE2 Can

Complement PMBOK and

Typical Project Management Organization

Senior / Corporate / Program Management

Senior / Corporate / Program Management

PRINCE2 = PRoject IN Controlled Environment

a Project is a Temporary endeavor undertaken to create a unique

PRINCE2 Process Model

Combining the Best of

PRINCE2TM becomes useful at this point, because,

PRINCE2TM needs experience and the depth of

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