2. 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 PRINCE2 TM method and examine the similarities and difference between PMBOK ® and PRINCE2 TM . Finally, we will see how these two project management approaches relate and complement each other and how the PRINCE2 TM project management methodology provide added value to a PMBOK ® knowledge base.
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8. PRINCE2 TM = PR oject IN C ontrolled E nvironment vs.
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11. 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 ” vs.
26. 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? vs.
27. PRINCE2 TM becomes useful at this point, because, as methodology, it can shape and direct that knowledge. PRINCE2 TM needs experience and the depth of PMBOK ® to fill it out vs.
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29. Governance Structure of Program Management & PRINCE2 TM Project Management IS EXACTLY SIMILAR vs.
