Projects in Controlled Environments, a process-based approach for project management

Project Management is a field based on a conspicuous level of uncertainty, the use of appropriate methods and tools influences the risk reduction of project failures. In this article we are going to illustrate the so-called PRINCE2 method, focused on process and expenditure control

Overviews

PRINCE2 possesses all the necessary element to keep all these aspect under control It is owned by a stable public authority, the Office of Government Commerce (OGC), and is available free of charge in the public domain. PRINCE2, apart from allow more efficient control of development resources, it gives controlled management of change by the business (its investment and ROI) and an active involvement of the final product's users throughout its development. This to ensure that the output of the project will meet the functional, service and management requirements of final users.

The seven Principles

The method is grounded over seven principles. Everyone of them can be apply to every kind of project, they are also self-validating and they are empowering, so the are able to give at users the capacity to to shape the management of the project. These are:

1. Continued business justification;
2. Learn from experience;
3. Defined roles and responsibilities;
4. Manage by stages;
5. Manage by exception;
6. Focus on products;
7. Tailored to suit the project environment.

The Structure

Techniques

PRINCE2 techniques are not mandatory. A company may already have, e.g., a quality checking technique, which it wishes to use in preference to the PRINCE2 quality review.