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®?

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PROJECT MANAGAMENT
CERTIFICATION: PMP® or
PRINCE2®?
PRESENTED BY IT CHAPTER
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This presentation is about…
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§ 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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§ 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
IT CHAPTER PRINCE2® TRAINERS TEAM
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§ 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
IT CHAPTER PMP® EXAM BOOT CAMP PREPARATION TRAINING TEAM
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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.
Project Management certification bodies
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§ 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
PMBOK versus PRINCE2®
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§ 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.
The PMBOK
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“… 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
PMBOK
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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
PMBOK® describes disciplines in 10 Knowledge Areas
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§ 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
PMBOK Strengths and Limitations
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§ 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.
PRINCE2®
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§ 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.
The PRINCE2 Structure
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§ 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
PRINCE2® Strengths and Limitations
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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
Who is PRINCE2® for?
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PMBOK
PRINCE2®
Purpose
Comprehensive
guide
on
all
aspects
of
project
management
PracBcal
project
management
methodology
based
on
principles
Approach
A
knowledge
based
approach
to
project
management
Process
Based
–
defines
the
what,
when,
who,
and
how
through
a
series
of
7
management
processes
Content
Describes
core
pracBces
and
a
wider
range
of
techniques
A
series
of
7
project
management
processes
UBlizaBon
Non-­‐prescripBve
,
best
pracBces
PrescripBve,
but
meant
to
be
tailored
by
project
Roles
Primarily
the
project
manager's
role
Defines
the
roles
of
everyone
involved
in
a
project
-­‐
Project
Board,
PM,
TM,
PA,
PS,
etc.
Inclusions
Procurement,
HR
management.
More
depth
on
techniques
such
as
EVM,
CriBcal
Path,
esBmaBng,
etc.
Business
case,
product
based
planning,
management
by
excepBon,
clarity
in
roles
and
authoriBes,
project
assurance
CerBficaBons
2
levels
of
cerBficaBons:
CAPM,
PMP
3
levels
:
FoundaBon,
PracBBoner,
Professional
Content - PMBOK vs. PRINCE2®
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Item
PMP
Accredita$on
PRINCE2
Accredita$on
Schema
Owner
PMI,
USA
AXELOS
,
UK
Eligibility
ENTRY
LEVEL:
CAPM
(CerBfied
Associate
Project
Management)
Eligibility:
23
hrs.
of
Contact
Training
+
1500
hrs.
of
project
experience
PRINCE2
FoundaBon
Eligibility:
None
EXPERT
LEVEL:
PMP
(Project
Management
Professional)
Eligibility:
35
hrs.
of
Contact
Training
+
4500-­‐7500
hrs.
of
project
experience
PRINCE
PracBBoner:
PM
experience
is
recommended
Prerequisites
PMI
ApplicaBon
Approval
FoundaBon
level
cerBfied
to
PracBBoner
Open
Book
No
No
for
FoundaBon,
Yes
for
PracBBoner
exam
Exam
Format
Online
or
Computer
Based
-­‐
Monitored
Paper
Based
–
Monitored
(Online
available
for
FoundaBon)
Examina$on
ExaminaBon
Center
(Prometric)
Last
day
of
training
(with
ATO)
Exam
Dura$on
4
h
FoundaBon:
1
h
–
PracBBoner:
2.5
h
Exam
PaKern
MulBple
Choice
ObjecBve
Type
FoundaBon:
mulBple
choice,
PracBBoner:
Scenario
with
5
type
of
quesBons:
MulBple
choice,
mulBple
response,
matching,
sequencing
and
asserBon/reason
#
ques$ons
200
quesBons
FoundaBon:
70
quesBons
PracBBoner:
8
quesBons:
80
marks
Pass
rate
criteria
PMP:
62.5%
FoundaBon:
50%,
PracBBoner:
55%
Re-­‐Cer$fica$on/
renewal
AccumulaBon
of
60
PDUs
in
3
years
Re-­‐registraBon
exam
aier
5years
Accreditation – PMP® vs. PRINCE2®
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§ 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”
PRINCE2® and PMBOK are complementary
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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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§ 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).
As a Project Manager PMP® certified, why is any additional
certification necessary?
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§ 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.
As a Project Executive, why should you adopt PRINCE2®
for you organization?
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§ 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.
As a Director of the Project Management Office, how will
you benefit by changing to the PRINCE2® methodology?
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§ 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.
As Subject Matter Expert (SME), how would I benefit from
learning the PRINCE2® project management
methodology?
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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
In summary…
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Available Certifications @ IT Chapter
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Training
Dura$on
Descrip$on
ITIL®
3
to
5
days
IT
Service
Management
best
pracBces
CobiT5®
3
days
Governance
of
IT
ISO
27001
3
days
ImplemenBng
and
managing
an
InformaBon
Security
Management
System
PMP®
4
days
PreparaBon
to
PMP
Exam
TOGAF®
9
(Level
1
&
2)
4
days
Framework
for
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Architecture
Cloud
EssenBals
3
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Acquire
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the
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Prince2®
3&2days
IT
Project
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Available Certifications @ IT Chapter
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Training
Dura$on
Descrip$on
TIPA®
Assessor
and
TIPA®
Lead
Assessor
3
days
Learn
how
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assess
capabiliBes
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ITSM
processes
BRMP®
3
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Business
ReleaBonship
Management
Professionnals
IAITAM®
2
to
3
days
Assets
Management

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OUR PMP BOOT CAMP EXAM PREP@ AND
PRINCE2@ COURSES SCHEDULE:
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calendar/
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