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Project Management Comparison of Prince2 and Pmbok

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Project Management Comparison of Prince2 and Pmbok
MSC756 PROJECT MANAGEMENT

ASSIGNMENT TWO

THE PRINCE2 METHODOLOGY:
A DETAILED COMPARISON OF RELATIVE STRENGTHS TO THE PMBOK AND APPLICATION TO PROJECT MANAGEMENT

AUTHOR: KANE WRIGHT
STUDENT: 400072002

WORD COUNT (LESS TABLE OF CONTENTS, REFERENCES, APPENDICES): 4972

DUE DATE: 28 SEPTEMBER 2009
TABLE OF CONTENTS

INTRODUCTION________________________________________________

_____________3
LITERATURE REVIEW______________________________________________________

_3
Background__________________________________________________

________________3
Methodology_________________________________________________

_________________3
Components__________________________________________________

________________4
Processes___________________________________________________

__________________5
Implementing PRINCE2_____________________________________________________

___7
ANALYTICAL DISCUSSION__________________________________________________

_7
Comparison__________________________________________________

________________7
Contrast____________________________________________________

_________________8
Strengths___________________________________________________

__________________9
Weaknesses__________________________________________________

________________12
Recommendation – The Application of PRINCE2 and PMBoK in Combination_________13
AUTHOR’S REFLECTION__________________________________________________

__14
CONCLUSION__________________________________________________

____________14
REFERENCES__________________________________________________

____________16
APPENDIX 1 – PRINCE2 PROCESS MODEL____________________________________18
APPENDIX 2 – PMBOK KNOWLEDGE AREAS AND PROJECT MANAGEMENT PROCESSES___________________________________________________

_____________19
APPENDIX 3 – PRINCE2 METHODOLOGY BENEFITS FOR BUSINESSES_________20 “PRINCE2 is extensively used in over 150 countries around the world and



References: (Source: ILX Group 2009) APPENDIX 2 – PMBOK KNOWLEDGE AREAS AND PROJECT MANAGEMENT PROCESSES

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