1Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

How PRINCE2TM Can Complement PMBOK® and

Your PMP

2Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Abstract

PMBOK® is the recognized (de facto) standard of Project Management knowledge. In the UK and Europe, PRINCE2TM 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 PRINCE2TM

method and examine the similarities and difference between PMBOK® and PRINCE2TM.

Finally, we will see how these two project management approaches relate and complement each other and how the PRINCE2TM project management methodology provide added value to a PMBOK® knowledge base.

3Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

AGENDA

Organization Structure

Prince2TM - What is it?What do I need to know about

Prince2TM ?

Comparison – Friend or Foe?Program Management - Overview

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4Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

ORGANISATION LEVELS

Strategic

Tactical

Operational

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5Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Typical Project Management Organization

Project Manager

Project SponsorProject Stakeholders

PMO

Project TeamProject Team

Strategic

Level

Tactical

Level

Operations

Level

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6Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

PROJECT MANAGEMENT ORGANISATION

Senior / Corporate / Program Management

Project Board

Senior User

Executive Senior Supplier

Strategic

Level

Project Manager

Project Assurance

Tactical

Level

Team Manager

Project Support

Project TeamProject Team

Operations

Level

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7Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Senior / Corporate / Program Management

Project Board

Executive

Strategic

Level

Project Manager Tactical

Level

Team Manager

Project TeamProject Team

Operations

Level

PMP

PGMP / PRINCE2 PM

MSP / Portfolio

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PROJECT MANAGEMENT ORGANISATION

8Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

PRINCE2TM = PRoject IN Controlled Environment

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9Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Is this the Project Management??

Executive

PBS

PID

Product

Tolerance

Project Assurance

Project Board

Senior Supplier

Product Description

Stage

Checkpoint Report

Senior User

Highlight Report

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10Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Is this the Project Management??

Sponsor

Status Report

WBS

Deliverables

PMP

PhasePerforming Organization

Customer

Progress Report

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11Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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 ”

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12Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Project Management Method, tailorable for use on all types of Project

Best Practice Guide on Project Management Owned by Office of Government Commerce

(OGC) in the UK. In the public Domain www.ogc.gov.uk/prince2

Described in “Managing Successful Projects with PRINCE2”

Is a METHODOLOGY but does NOT provide Templates

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13Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

PMBOK®

Recognized (de facot) standard for Project Management

Generally when we talked about PMBOK®

referring to “A Guide to the Project Management Body of Knowledge, Third Edition”

Identifies and describes subset of Project Management which is generally accepted

Is not a methodology

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14Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

PRINCE2TM Process Modelvs.

15Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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16Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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17Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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18Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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19Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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20Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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21Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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22Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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23Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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24Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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25Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Combining the Best of PRINCE2TM and PMBOK®

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26Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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?

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27Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

PRINCE2TM becomes useful at this point, because,

as methodology, it can shape and direct that knowledge.

PRINCE2TM needs experience and the depth of PMBOK® to fill it out

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28Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

PROGRAM MANAGEMENT OVERVIEW

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29Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Governance Structure of

Program Management&

PRINCE2TM Project Management

IS EXACTLY SIMILAR

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30Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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31Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

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32Bibliography: - PMBOK 3rd Edition from Project Management Institute and Prince2 Red Manual from APMG, OGCRevert back to shrajiv_sharma@rediffmail.com in case of any correction or feedback.

Thanks

Rajiv SharmaPMP® ; PgMP® ; PRINCE2™ PractitionerE-mail: shrajiv_sharma@rediffmail.com

Linkedin: http://www.linkedin.com/in/rajivsharma22SlideShare: http://www.slideshare.net/rajivsharma22