PRINCE2 is one of the most comprehensive methodologies for risk management. It quantifies risk by likelihood and impact, making for effective management. PRINCE2 defines ‘risk’ as something that could become either an issue or an opportunity. So risk can be both positive and negative for a project. It also helps understand the full impact of risk. This extends beyond the project, to show how it can effect long-term business goals. No matter the probability, implications or nature of risk, PRINCE2 enables managers to handle it effectively. Here are the 4 main ways PRINCE2 helps manage risks successfully:
Monday 31 July 2017
Sunday 30 July 2017
ITIL Release Management Quick Reference
Release Management is an ITIL process that on first sight looks like a logical part of Change Management, to most heads. As we consider the number of changes and their possible impact in business organizations, it becomes clear where this process came from: practical need to coordinate things.
It has a lot of goals/objectives, but it is not an overly complicated process. It just takes care that all changes are implemented in accordance with other ITSM processes and aligned with business needs.
It has a lot of goals/objectives, but it is not an overly complicated process. It just takes care that all changes are implemented in accordance with other ITSM processes and aligned with business needs.
Saturday 22 July 2017
Service Management Document System
Let's keep the main thing the main thing. What document system is already at place in your organization? Use it. If your organization has reached the level of maturity to implement the Service Management System, odds are that you already have some kind of a sensible document management software.
Thursday 20 July 2017
ITIL Continual Service Improvement
Purpose
Purpose of ITIL Continual Service Improvement is to ensure IT Services alignment with business needs. This is done via improvements to IT services through Strategy, Design, Transition and Operation stages. We want to improve effectiveness of service, process and cost.
Tuesday 18 July 2017
Why should I study PRINCE2?
To Gain First Class Project Management Skills
PRINCE2 is the de facto project management standard. It provides the skills to make you confident about successfully managing projects. That's because PRINCE2 uses a common language, systems and procedures. This allows you to control resources and risks. PRINCE2's controls lead to fewer mistakes, but the lessons log teaches you and your team how to learn from them.
You can save time, money and effort with PRINCE2. Best of all, it's adjustable. So no matter what the industry, company size, project size or even methods already in use, you can tailor PRINCE2 to work effectively.
PRINCE2 is the de facto project management standard. It provides the skills to make you confident about successfully managing projects. That's because PRINCE2 uses a common language, systems and procedures. This allows you to control resources and risks. PRINCE2's controls lead to fewer mistakes, but the lessons log teaches you and your team how to learn from them.
You can save time, money and effort with PRINCE2. Best of all, it's adjustable. So no matter what the industry, company size, project size or even methods already in use, you can tailor PRINCE2 to work effectively.
Friday 14 July 2017
The 7 Principles, Themes and Processes of PRINCE2
PRINCE2 is a project management methodology of 7s. The principles, themes and processes all follow this model. Here, we break down each one and discuss how they relate to each other.
PRINCE2 derives its methods from 7 core principles. Collectively, these principles provide a framework for good practice:
The 7 Principles
PRINCE2 derives its methods from 7 core principles. Collectively, these principles provide a framework for good practice:
Friday 7 July 2017
Managing Small-Scale Projects in PRINCE2
Many people assume that small-scale projects are easy to manage and don’t need as much diligence. However without best practices, any project can exceed its tolerances or get cancelled entirely. Often, communication is poor and project managers drift from the PRINCE2 framework. Here are a few pointers to handle these issues and adapt PRINCE2 to smaller projects.
Monday 3 July 2017
3 Reasons Project Assurance is Vital to Success
Assurance is when the project board objectively assesses a project’s performance. This assessment considers whether users’ requirements are being met, and if the project’s intended benefits outweigh its costs. In spite of this, project assurance remains an underutilised aspect of PRINCE2. In their annual Pulse of the Profession Report (2015), the Project Management Institute reported that inadequate requirements management was the cause of failure for 47% of unsuccessful projects. These 3 benefits should remind project managers and their teams of the ongoing importance of project assurance.
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