Brief summary and comparison of top international project management standards (focus on PRINCE2 and PMI), their benefits, certification levels & requirements. Contains also key information about training courses on these project management standards.

1. International Project
Management Standards
& Their Benefits
PRINCE2®, PMI® & Co.
Štefan Ondek
PRINCE2 Approved Trainer, Managing Partner
POTIFOB
ondek@potifob.com
© 2009-2011 POTIFOB. PRINCE2®, MSP®, P3O®, MoP ®, MoV®, M_o_R® and ITIL® are Registered Trade Marks
of the Office of Government Commerce. The Swirl logo™ is a Trade Mark of the Office of Government Commerce.
PMI® is a Registered Trade Mark of the Project Management Institute Inc. 1

2. Speaker Introduction
Speaker Introduction
Štefan Ondek
• Managing Partner of POTIFOB, an international group
of project management training & consulting companies
• PRINCE2® Approved Trainer & Registered Practitioner
• MSP® Registered Advanced Practitioner, P3O®
Registered Practitioner, PMI PMP®, IPMA B, TOCICO
Certificate of Achievement
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3. Let’s start with…
• What is PRINCE2
• What is its position
• What are its benefits
• How does it look like
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4. PRINCE2 Introduction
PRojects
IN
Controlled
Environments
Often cited as the world’s most largely
used project management method!
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©Crown Copyright 2009 Reproduced under licence from OGC

5. Related OGC Guidance
Common Glossary
Models Guides
Refresh pending
Portfolio,
Programme
and Project Gateway® M_o_R® ITIL
Portfolio, Offices
Programme and (P3O™)
Project
Management
Maturity Model Portfolio Guide (PfM)
(P3M3™)
MSP™ (programme)
PRINCE2™
Maturity Model
PRINCE2™ (project)
(P2MM)
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©Crown Copyright 2009 Reproduced under licence from OGC

6. Office of Government Commerce
(OGC) & PRINCE2 Profile
• OGC is a UK government agency
• Amongst its goals is delivery of projects to time, quality and
cost, realising benefits
• OGC standards: PRINCE2, MSP, P3O, MoP, MoV, ITIL etc.
• OGC’s project management standard – PRINCE2,
originally developed for public administration, has become
increasingly popular also in the commercial sphere
• Now used in more than 50 countries
• Current version of PRINCE2 standard: PRINCE2: 2009
• Certification body for PRINCE2 is the APM Group (APMG)
• 2 levels of certification exams: Foundation & Practitioner
• Accredited training organisations – ATOs offer courses, most
of which also include exam entry in the fee. 6

7. PRINCE2 Benefits
• Embodies established and proven best practice
• Can be applied to any type of project
• Non-proprietary
• Provides a common vocabulary
• Explicit recognition of project responsibilities
• Is product focussed
• Plans that meet the needs of different levels of
management
• Based on management by exception
• Participants focus on the viability of the project
• The 2009 refresh makes PRINCE2 the most up-to-date
project management standard 7

8. The Four Integrated Perspectives
of The PRINCE2 Method
PROJECT ENVIRONMENT
Progress Business Case
Organization
Change PRINCE2 PROCESSES
Quality • Principles
Risks Plans
• Themes
• Processes
PRINCE2 THEMES • Tailoring
PRINCE2
PRINCE2 PRINCIPLES
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©Crown Copyright 2009 Reproduced under licence from OGC

9. PRINCE2: 2009 Principles
Continued business A PRINCE2 project has continued business justification
justification
Learn from experience PRINCE2 project teams learn from previous experience
(lessons are sought, recorded and acted upon throughout the
life of the project)
Defined roles & responsibilities A PRINCE2 project has defined and agreed roles and
responsibilities with an organization structure that engages the
business, user and supplier stakeholder interests
Manage by stages A PRINCE2 project is planned, monitored and controlled on a
stage-by-stage basis
Manage by exception A PRINCE2 project has defined tolerances for each project
objective to establish limits of delegated authority
Focus on products A PRINCE2 project focuses on the definition and delivery of
products, in particular their quality requirements
Tailor to suit the project PRINCE2 is tailored to suit the project’s environment, size,
environment complexity, importance, capability and risk
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© Crown copyright 2009. Reproduced under licence from OGC.

10. PRINCE2 Themes
Business Establish mechanisms to judge whether the project is (and Why?
Case remains) desirable, viable and achievable as a means to
support decision-making in its (continued) investment.
Organization Define and establish the project’s structure of accountability Who?
and responsibilities.
Quality Define and implement the means by which the project will What?
create and verify products that are fit-for-purpose.
Plans Facilitate communication and control by defining the means How? How much?
of delivering the products When?
Risk Identify, assess and control uncertainty and, as a result, What if?
improve the ability of the project to succeed.
Change Identify, assess and control any potential and approved What’s the impact
changes to baselines.
Progress Establish mechanisms to monitor and compare actual Where are we now?
achievements against those planned in order to provide a Where are we
forecast for the project objectives, including its continued going?
viability.
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© Crown copyright 2009. Reproduced under licence from OGC.

11. PRINCE2 Process Model
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© Crown copyright 2009. Reproduced under licence from OGC.

12. Project Management Institute
(PMI) Profile
• Largest project management association worldwide in terms of membership –
over 340.000 members, over 420.000 certified project professionals (most of
them PMP – Project Management Professional level)
• Headquarters in the USA, more than 250 local Chapters
• PMI offers individual membership – 119 USD/ year – includes access to all PMI
methodology, discounts on PMI certification, publications & events.
• The certification is based worldwide on the „Guide to the Project Management
Body of Knowledge (PMBOK Guide) 4th Edition”, released on 31.12.2008
• Various credentials exist for various project roles: Project Associate, Project
Manager, Program Manager, Project Scheduler, Project Risk Manager
• The certification exam is a computer-based multi-choice test, carried out in
English at Prometric test centres
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13. PMI Project Management Process
Groups
Level
Executing
of
Processes
Activity
Planning Monitoring &
Processes Closing
Initiating Controlling Processes
Processes Processes
Project/ Phase Start Time Project/ Phase Finish
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14. Project Management Knowledge
Areas as per PMBOK 4th Edition*
1. Project Integration Management
2. Project Scope Management
3. Project Time Management
4. Project Cost Management
5. Project Quality Management
6. Project Human Resource Management
7. Project Communications Management
8. Project Risk Management
9. Project Procurement Management
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* Source: PMBOK, p. 67

15. PRINCE2 versus Body of
Knowledge (e.g. PMI)
PRINCE2 Body of Knowledge
A project management method. A broad collection of ‘good practices’ for
project management.
Prescriptive. Non-prescriptive.
An integrated set of processes and Each topic area can be referred to in
themes (they are not isolated silos that isolation of others.
can be selectively applied).
Covers all project management roles. Targeted at Project Managers.
Does not cover interpersonal skills. Covers interpersonal skills.
References techniques Describes techniques
The differences between PRINCE2 and a BoK make them highly complementary.
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©Crown Copyright 2009 Reproduced under licence from OGC

16. Your Questions?
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17. Thank you for your time &
attention!
Stefan Ondek
E-mail: ondek@potifob.com
Skype: stefan.ondek
Tel. CEE Office: +421-2-4524 1000
Tel. UK Office: +44-20-719 33 840
Intl. website: www.potifob.com
Local websites: www.potifob.cz, www.potifob.sk,
www.prince2kepzes.com
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18. Information Sources Used
• http://www.apmgroup.co.uk/
• http://www.ipma.ch/
• http://www.ogc.gov.uk/
• http://www.pmi.org/
• http://www.sppr.sk/
• Proprietary materials of POTIFOB & its business
partners
All trademarks & registered trademarks mentioned in this
presentation are the property of their respective owners.
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19. BACKUP
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20. PRINCE2 Certification – Courses & Levels
Certificate Target Group Eligibility Requirements Examination
PRINCE2 Project Managers •Foundation certificate •9 objective test questions,
Practitioner •Project management with a scenario background
experience recommended •Each of the 9 questions is
Valid for 5 worth 12 marks
years •An overall score of 55%+
is required to pass
•2,5 hour duration
•Open-book examination –
only the PRINCE2 Manual
is allowed
PRINCE2 Project Managers •No formal requirements •Multiple-choice
Foundation Team Managers, •75 questions - just 70
Project Team Members scored
Unlimited Project Support staff •35+ correct answers are
validity Line Managers required to pass
•1 hour duration
•Closed-book
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21. PMI Credentials Family
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22. Project Management Certification
by IPMA/ SIPR
Certificate Target Group/ Validity Eligibility Requirements Examination
Certified Program & Project 5+years of experience in project same as C plus:
Projects Portfolio Managers portfolio management, program Program/ Portfolio
Director 5 years management or multi-project Report
(IPMA Level A) management, of which 3 years in
leadership functions in project
portfolio/ program management.
Certified Senior Project 5+ years of project management same as C plus:
Senior Project Managers experience, of which 3 years in Project Report
Manager 5 years responsible leadership functions of
(IPMA Level B) complex projects
Certified Project Managers 3+ years of project management • paper-based exam
Project 5 years experience in responsible • certification workshop
Manager leadership functions of projects • interview with assessors
(IPMA Level C) with limited complexity
Certified Project team members, Project management knowledge paper-based exam
Project project support staff in all competence elements.
Management 5 years Application experience is not
Associate compulsory, but advantageous 22
(IPMA Level D)

23. POTIFOB Services in Project Management
• Accredited PRINCE2 training courses
• PRINCE2: 2009 Foundation certification courses (3 days)
• PRINCE2: 2009 Practitioner certification courses (2 days)
• Combined PRINCE2 Foundation + Practitioner certification courses
• Introduction To PRINCE2 courses
• PRINCE2: 2009 Bridge courses
• PMI & IPMA training courses from Basics to PMP/
CAPM/ IPMA level B-D certification preparation
• Accredited MSP, P3O, MoV & M_o_R training courses
delivered in cooperation with renowned ATOs
• Tailored training based on above standards
• Project management consulting & coaching
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24. Why POTIFOB?
• Largest PRINCE2 training provider in Czechia, Slovakia &
Hungary, and the only one able to deliver accredited PRINCE2
training in Czech, Dutch, English, German & Slovak.
• Our PRINCE2 courses are carried out in partnership with the ATO
TAG, enabling us to draw from experience gained by delivering
project management training to 10 000+ students from 20+ countries.
• Our best price guarantee: if you get a better offer for an APMG
accredited PRINCE2 course in the same location & time period
elsewhere, just show it to us & we'll beat it.
• Our quality guarantee: If you adhere to all trainer's instructions,
participate in the whole course and in spite of that do not pass
the PRINCE2 exam, you can repeat the PRINCE2 course with us
once more for free. You pay just the re-exam fee.
• Our Course Date & Support Guarantees – see
http://www.potifob.com/guarantees.htm for details
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25. Contact Details
Stefan Ondek, Managing Partner
E-mail: ondek@potifob.com
Skype: stefan.ondek
Tel. CEE Office: +421-2-4524 1000
Tel. UK Office: +44-20-719 33 840
Intl. website: www.potifob.com
Local websites: www.potifob.cz, www.potifob.sk,
www.prince2kepzes.com
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