PRINCE2 Methodology
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PRINCE2 Methodology

By: golem

Do you REALLY know the difference between PRINCE2 and PMBOK? How sure of you of that?

You can discover many papers on the internet that explain the differences between PRINCE2 & PMBOK, however these papers tend to focus on terminological/ ‘technical’ differences and hence do not help to understand the ‘core’ difference. One such paper can be found here. This paper is very technical in nature and some improvements were made to PRINCE2 since this paper was written (FYI, elements in the Summary section regarding the 'supplier' & PRINCE2 are out dated). We can sum up the ‘core’ difference from the following statements taken from this paper:

"We believe that the Guide [PMBOK] takes the best approach for purposes of teaching the subject content of each knowledge area, but is not so affective when it comes to providing guidance for running a particular project….”

“PRINCE2 provides a robust easy-to-follow methodology for running most projects…”

“In a life-cycle-based presentation like PRINCE2, it is difficult to do justice to each knowledge area."

The description below may help further explain the above quotes.

In summary, PRINCE2 and PMBOK complement each other and we always encourage people who have received PMBOK training to also attend PRINCE2 training and vice versa for the reasons mentioned above. There is some overlap but they are complementary, in simplistic terms PMBOK provides information on what a project manager needs to know but does not provide an ‘easy’ step by step guide on how to apply this knowledge. PRINCE2 methodology guides them with simplicity.

For example PMBOK discusses the importance of a Project Team whereas PRINCE2 provides a model for a Project Team, has standard role descriptions and provides detailed steps on how you put a team together. With PMBOK you need to create your own model and PMBOK is reliant on the diligence and competence of the Project Manager.

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