Five reasons why PRINCE2 is a fantastic qualification to have

PRINCE2 – a qualification fit for royalty.

Devised in the 1990s, this project management qualification has been helping people across the country ensure their projects keep on time and budget. Since it was created, over a million people have become PRINCE2 certified.

If you haven’t studied PRINCE2, you may be wondering if it’s the right accreditation for you, especially with other project management qualifications readily available. However, we think it’s the perfect certification, no matter which industry you work in.

Join us as we look at what PRINCE2 is, and how it can help you manage projects like a pro.

What is PRINCE2?

PRojects IN Controlled Environments, or PRINCE2, is a project management method that helps people in business manage their projects more effectively.

PRINCE2 was developed in 1996 in the UK. It was initially created to help IT project managers in the government sector. However, it became so popular that use quickly spread across government and was also adapted for use in the private sector too. It’s currently used across a wide range of different businesses and industries.

Many businesses love using PRINCE2 as unlike other project management methods; there are no licensing fees to pay.

PRINCE2 focuses on breaking a project into stages so you can determine who is responsible for each stage and identify any potential risks as early as possible. If you’ve ever created a Gantt chart, these play a significant part in the PRINCE2 planning process!

Ultimately, PRINCE2 will lead to projects being completed on or before the deadline and with added cost-efficiencies. It’s a win-win for both you and your business!

The seven principles, themes and processes of PRINCE2

The key methodology of PRINCE2 is seven principles, themes and processes that can be used to map and monitor projects from beginning to end.

Why PRINCE2 is a fantastic addition to your CV

As you can see, PRINCE2 is a brilliant way of managing any projects you have, breaking them down into smaller, more manageable chunks.

Here are some reasons why PRINCE2 should be your project management qualification of choice.

1. It’s recognised all across the world

If you ask most recruiters to name a project management qualification, they’re likely to say PRINCE2!

Not only is a PRINCE2 qualification immediately recognisable on a CV, but it’s recognisable worldwide too. This qualification is practised in over 50 countries, meaning that PRINCE2 will make a welcome addition to your job application no matter where you are.

2.  It’s transferable across a wide range of industries

PRINCE2 has been designed to be industry-agnostic. This means that no matter the type or size of your business, you can use the PRINCE2 method to generate fantastic results.

This can have its benefits as you move up the career ladder and gain more experience. If you earned your PRINCE2 qualification while you were working in manufacturing, and then made a move into IT, you can still apply what you learned to your new role.

You can use PRINCE2 in other ways too – some of our students have used it to plan their holidays or children’s birthday parties!

3. It’s fully customisable

The problem with many project management methodologies is that there is a framework that you have to strictly follow. This can lead to inflexibility, as well as to frustration.

The great thing about PRINCE2 is that it can be integrated into any other project management techniques you use, making it easy to adapt to your own way of working.

Let’s take the Gantt charts we mentioned earlier as an example. They can be a major help when managing your project. However, if you’re not comfortable using them and would prefer to use another method, like a PERT chart or critical path analysis, you can.

If you’re a fan of Agile project management, you can combine this with PRINCE2 too!

4. It’s tried and tested

The PRINCE2 qualification has been around for nearly thirty years, and bar a couple of revisions, uses the same methodology as it always has.

This means PRINCE2 is a solid and reliable accreditation that will lead to tangible results, and businesses around the world acknowledge this.

5. It can lead to an increase in salary

A PRINCE2 qualification can open the door to a brand new role, as well as an increase in pay.

Whether you opt for the Foundation or Practitioner qualification, PRINCE2 shows that you can see a project to completion, efficiently and cost-effectively.

A Product Support Officer can expect a salary of £29,500. However, a Programme Manager can anticipate an average salary of £75,000!

Source: itonlinelearning.com