Supply Chain Management
UNIVERSITY OF NAIROBI SCHOOL OF BUSINESS MBA PROGRAMME AN ASSIGNMENT IN PARTIAL FULFILLMENT OF THE COURSE: PROJECT MANAGEMENT (DOM 602) TOPIC: PRINCE2 AND PMBOK® PRESENTED TO: MR. ONSERIO NYAMWANGE
PRESENTED BY:
OBARE RAKAMBA D61/72991/2012
25 JUNE 2012
PRINCE2
PRINCE2 is an acronym for PRojects IN Controlled Environments. PRINCE2 is a process-based approach for project management, providing an easily tailored and scaleable project management methodology for the management of all types of projects. It is a de facto process-based method for effective project management (Prince2, 2012). It is described as a structured method for effective project management for all types of project, not just for information systems, although the influence of that industry is very clear in the methodology (Wideman, 2002). PRINCE2 is used extensively by the UK Government and is also widely recognized and used in the private sector, both in the UK and internationally. The PRINCE2 method is in the public domain, and offers non-proprietarily best practice guidance on project management.
The key features of PRINCE2 are: * focus on business justification * defined organization structure for the project management team * product-based planning approach * emphasis on dividing the project into manageable and controllable stages * Flexibility that can be applied at a level appropriate to the project.
Figure 1: The knowledge areas and processes of the Project Management Institute 's Guide to PMBOK
PMBOK
PMBOK is an acronym for Project Management Body of Knowledge. It is a collection of project management material provided by the Project Management Institute (PMI), a nonprofit, international project management organization (Kapur, 2003). The primary purpose of the PMBOK® Guide is to identify that subset of the Project Management Body of Knowledge that is generally recognized as a good practice
PRESENTED BY:
OBARE RAKAMBA D61/72991/2012
25 JUNE 2012
PRINCE2
PRINCE2 is an acronym for PRojects IN Controlled Environments. PRINCE2 is a process-based approach for project management, providing an easily tailored and scaleable project management methodology for the management of all types of projects. It is a de facto process-based method for effective project management (Prince2, 2012). It is described as a structured method for effective project management for all types of project, not just for information systems, although the influence of that industry is very clear in the methodology (Wideman, 2002). PRINCE2 is used extensively by the UK Government and is also widely recognized and used in the private sector, both in the UK and internationally. The PRINCE2 method is in the public domain, and offers non-proprietarily best practice guidance on project management.
The key features of PRINCE2 are: * focus on business justification * defined organization structure for the project management team * product-based planning approach * emphasis on dividing the project into manageable and controllable stages * Flexibility that can be applied at a level appropriate to the project.
Figure 1: The knowledge areas and processes of the Project Management Institute 's Guide to PMBOK
PMBOK
PMBOK is an acronym for Project Management Body of Knowledge. It is a collection of project management material provided by the Project Management Institute (PMI), a nonprofit, international project management organization (Kapur, 2003). The primary purpose of the PMBOK® Guide is to identify that subset of the Project Management Body of Knowledge that is generally recognized as a good practice
References: Kapur, K., Gopal (2005). Project Management for information, Technology, Business and Certification. Pearson Education, Inc. PMBOK® Guide. (2004). A Guide to the Project Management Body of Knowledge. Third Edition. ISBN:978-1-933890-51-7. Project Management Institute Project performance International. Relationship between the Project Management Body of Knowledge (PMBOK) and PRINCE2™. Retrieved from http://www.ppi-int.com/prince2/prince2-pmbok-relationship.php Retrieved from www.prince2.com on 07 June, 2012. © Copyright ILX Group 2012 Wideman R. M. (2002). Comparing PRINCE2 with PMBoK® AEW Services, Vancouver, BC, Canada.