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Similarities and differences between PMBOK® Guide and PRINCE2® method

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Similarities and differences between PMBOK® Guide and PRINCE2® method

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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®?

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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Similarities and differences between PMBOK® Guide and PRINCE2® method

  1. 1. Wri$ng  a  new  Chapter  in  IT  History   PROJECT MANAGAMENT CERTIFICATION: PMP® or PRINCE2®? PRESENTED BY IT CHAPTER www.itchapter.com
  2. 2. Wri$ng  a  new  Chapter  in  IT  History   This presentation is about… 2   §  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
  3. 3. Wri$ng  a  new  Chapter  in  IT  History   IT CHAPTER PARTNERSHIPS 3  
  4. 4. Wri$ng  a  new  Chapter  in  IT  History   §  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 4  
  5. 5. Wri$ng  a  new  Chapter  in  IT  History   §  Olivier Abecassis, PMP®, Prince2® Practitioner, ITIL® Expert, CITAM®, CCAM®,TIPA® Assessor §  Yves Pierre-Louis, PMP®, Prince2® Practitioner, TIPA® Assessor §  Razvan Pirvu, MBA, PMP®, CGET®, ITIL® Expert IT CHAPTER PMP® EXAM BOOT CAMP PREPARATION TRAINING TEAM 5  
  6. 6. Wri$ng  a  new  Chapter  in  IT  History   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 6  
  7. 7. Wri$ng  a  new  Chapter  in  IT  History   §  The PMBOK or Project Management Body of Knowledge is intended to encapsulate all the knowledge that relates to Project Management. §  There are 600.000 PMI credentials holders worldwide §  PRINCE2® is a methodology and process for managing a project in any public or private sectors or industries that improves the chances of successful project outcomes. §  There are more than 1.000.000 PRINCE2® credentials holders worldwide PMBOK versus PRINCE2® 7  
  8. 8. Wri$ng  a  new  Chapter  in  IT  History   §  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 8  
  9. 9. Wri$ng  a  new  Chapter  in  IT  History   “… is a guide rather than a specific methodology. One can use different methodologies and tools (e.g., agile, waterfall, PRINCE2®), to implement the PM framework” (Reference: PMBOK 5th Edition, Section 1.1) §  Project management knowledge and practices are placed into 5 Process Groups: §  Initiating §  Planning §  Executing §  Monitoring & Controlling §  Closing PMBOK 9  
  10. 10. Wri$ng  a  new  Chapter  in  IT  History   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 10  
  11. 11. Wri$ng  a  new  Chapter  in  IT  History   §  Strengths §  Provides guidance and knowledge on: §  Project management organized by Process groups and Knowledge areas §  Leadership, and interpersonal skills §  Reporting project costs such as EVM for effective reporting §  Professional code of conduct of a project manager §  Provides a complete step-by-step process on managing a project §  Lists the tools and techniques that can be used in a specific process Knowledge on specific aspects of the project for Procurement and Quality §  Limitations §  No guidance on: §  Project management team responsibilities §  Tailoring - how exactly to proceed and step by step approach §  Outputs for processes described but little guidance on contents provided §  No knowledge covered on the post project activity (realizing benefits) §  Not enough details on the contents of plans PMBOK Strengths and Limitations 11  
  12. 12. Wri$ng  a  new  Chapter  in  IT  History   §  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® 12  
  13. 13. Wri$ng  a  new  Chapter  in  IT  History   §  PRINCE2® is a project management methodology and tool for practitioners. §  PRINCE2® extracts and focuses on key elements (Themes) which it identifies as being crucial to the successful assessment and completion of all projects. §  It contains a structured Process to tie those elements together to reduce overall project risk, with several useful techniques to support them. §  PRINCE2® Principles, Themes and Processes are consistent with the PMBOK® Guide, but PRINCE2® does not include all the knowledge areas and details specified in the PMBOK® Guide. The PRINCE2 Structure 13  
  14. 14. Wri$ng  a  new  Chapter  in  IT  History   §  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 14  
  15. 15. Wri$ng  a  new  Chapter  in  IT  History   PRINCE2® Foundation Certification §  New and experienced project staff managing, or involved in, small to medium projects §  Suitable for Junior Project Managers §  Introductory step for those interested in a career in Project Management PRINCE2® Practitioner Certification §  New and experienced project staff, managing small to large projects §  Suitable for Junior Project Managers, Project Administrators, PMO Coordinators, Experienced Project Managers, Project Directors, Executives §  Next step for those interested in a career in Project Management, who already have their PRINCE2® Foundation qualification Who is PRINCE2® for? 15  
  16. 16. Wri$ng  a  new  Chapter  in  IT  History   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® 16  
  17. 17. Wri$ng  a  new  Chapter  in  IT  History   Item     PMP  Accredita$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® 17  
  18. 18. Wri$ng  a  new  Chapter  in  IT  History   §  PMBOK provides the knowledge and PRINCE2® the “how-to” §  PMBOK is a map, Prince2® is how to get there §  There are both a good foundation for “doing projects right” §  They both provide an internationally proven approach to implementing projects §  Are both Project Management “Best Practices” PRINCE2® and PMBOK are complementary 18  
  19. 19. Wri$ng  a  new  Chapter  in  IT  History   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! 19  
  20. 20. Wri$ng  a  new  Chapter  in  IT  History   §  Being PRINCE2® certified will provide your Clients and Management with the confidence that you understand the mechanisms allowing you to succeed with the projects that were assigned to you. §  Gives you hands on tools and practical guidance on “how to” of the project management §  Ability to manage international projects in organizations which adopted PRINCE2® method §  At the end of the 5 days of training, you will have immediately earned 38 Personal Development Units (PDUs) (Category B). As a Project Manager PMP® certified, why is any additional certification necessary? 20  
  21. 21. Wri$ng  a  new  Chapter  in  IT  History   §  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? 21  
  22. 22. Wri$ng  a  new  Chapter  in  IT  History   §  It is easy to adopt because PRINCE2® aims at providing a proven formula for maximizing project successes. §  PRINCE2® is complementary to, and fully compatible with, a wide variety of methodologies such as Agile or PMI. §  PRINCE2® emphasizes the customer’s vision within any given project, clearly defines roles and responsibilities, provides clear escalation criteria and procedures, and ensures both transparency and constant evaluation/re-evaluation. As a Director of the Project Management Office, how will you benefit by changing to the PRINCE2® methodology? 22  
  23. 23. Wri$ng  a  new  Chapter  in  IT  History   §  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? 23  
  24. 24. Wri$ng  a  new  Chapter  in  IT  History   At a high level, PMBOK® Guide is a Body of Knowledge and PRINCE2® is a method for successful management of Projects. PMBOK §  PMBOK® Guide is a descriptive comprehension of the PM Processes, Tools and Techniques. §  PMBOK® Guide defines the collection of knowledge, generally recognized as Best practices for managing Projects PRINCE2® §  PRINCE2® takes a prescriptive (although flexible) approach for Project Management, complete with Templates, Roles and Responsibilities of multiple Stakeholders etc. §  PRINCE2® is a process-driven PM method In summary… 24  
  25. 25. Wri$ng  a  new  Chapter  in  IT  History   Available Certifications @ IT Chapter 25   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  Enterprise  Architecture   Cloud  EssenBals   3  days   Acquire  competences  to  manage,  uBlize  and   govern  properly  the  new  technologies  in  the   Cloud   Prince2®     3&2days   IT  Project  Management  
  26. 26. Wri$ng  a  new  Chapter  in  IT  History   Available Certifications @ IT Chapter 26   Training   Dura$on   Descrip$on   TIPA®  Assessor  and  TIPA®   Lead  Assessor     3  days   Learn  how  to  assess  capabiliBes  of  ITSM   processes   BRMP®   3  days     Business  ReleaBonship  Management   Professionnals   IAITAM®   2  to  3   days   Assets  Management  
  27. 27. Wri$ng  a  new  Chapter  in  IT  History   OUR PMP BOOT CAMP EXAM PREP@ AND PRINCE2@ COURSES SCHEDULE: http://itchapter.com/training/courses- calendar/ 27  

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