Project Managament Certification: PMP® or PRINCE2®? Presented by It Chapter

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PROJECT MANAGAMENT

CERTIFICATION: PMP® or
PRINCE2®?

PRESENTED BY IT CHAPTER
www.itchapter.com

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This presentation is about…

§  Similarities and differences between PMBOK® Guide and PRINCE2®


method.
§  How PRINCE2® provides added value to a PMBOK® Guide
knowledge base.
§  Why you should be interested in PRINCE2®?

PRINCE® is a Registered Trade Mark of AXELOS Limited PRINCE2®


is a Registered Trade Mark of AXELOS Limited

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IT CHAPTER PARTNERSHIPS

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IT CHAPTER PRINCE2® TRAINERS TEAM

§  Henri-Jean Bonnis, PMP®, Prince2® Practitioner


§  Yves Pierre-Louis, PMP®, Prince2® Practitioner, TIPA® Assessor
§  Arnaud Laval, PMP®, CSM, Prince2® Practitioner
§  Svetlana Sidenko, MsC(Admin), PMP®, Prince2® Practitioner, ITIL® Expert, BRMP®,CPDE®,TIPA®
Lead Assessor
§  Olivier Abecassis, PMP®, Prince2® Practitioner, ITIL® Expert, CITAM®, CCAM®,TIPA® Assessor
§  Nodin Di Guida, PMP®, Prince2® Practitioner, ISO 9001 Lead Implementer

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IT CHAPTER PMP® EXAM BOOT CAMP PREPARATION TRAINING TEAM

§  Olivier Abecassis, PMP®, Prince2® Practitioner, ITIL® Expert, CITAM®, CCAM®,TIPA®
Assessor
§  Yves Pierre-Louis, PMP®, Prince2® Practitioner, TIPA® Assessor
§  Razvan Pirvu, MBA, PMP®, CGET®, ITIL® Expert

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Project Management certification bodies
Major certification bodies who have a dominant and significant influence
world-wide.

The Project Management Institute (PMI) with the Project Management


Body of Knowledge (PMBOK® Guide ed. 5),

AXELOS with PRINCE2®, with the latest publication in 2009.

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PMBOK versus PRINCE2®
§  The PMBOK or Project Management Body of Knowledge is intended
to encapsulate all the knowledge that relates to Project Management.
§  There are 600.000 PMI credentials holders worldwide
§  PRINCE2® is a methodology and process for managing a project in
any public or private sectors or industries that improves the chances
of successful project outcomes.
§  There are more than 1.000.000 PRINCE2® credentials holders
worldwide

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The PMBOK

§  In its publication, the Project Management


Institute (PMI) says the PMBOK is:
§  A Guide intended to help practitioners recognize the
general process of project management practice and
the associated input and outputs, and techniques for its
application.
§  The PMBOK® Guide is neither a textbook, nor a
step-by- step or ‘how-to’ type of reference.

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PMBOK
“… is a guide rather than a specific methodology. One can use different
methodologies and tools (e.g., agile, waterfall, PRINCE2®), to
implement the PM framework” (Reference: PMBOK 5th Edition,
Section 1.1)
§  Project management knowledge and practices are placed into 5
Process Groups:
§  Initiating
§  Planning
§  Executing
§  Monitoring & Controlling
§  Closing

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PMBOK® describes disciplines in 10 Knowledge Areas

1.  Integration Management


2.  Scope Management
3.  Time Management
4.  Cost Management
5.  Human Resource Management
6.  Quality Management
7.  Communications Management
8.  Procurement Management
9.  Risk Management
10.  Stakeholder Management

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PMBOK Strengths and Limitations
§  Strengths
§  Provides guidance and knowledge on:
§  Project management organized by Process groups and Knowledge areas
§  Leadership, and interpersonal skills
§  Reporting project costs such as EVM for effective reporting
§  Professional code of conduct of a project manager
§  Provides a complete step-by-step process on managing a project
§  Lists the tools and techniques that can be used in a specific process Knowledge
on specific aspects of the project for Procurement and Quality
§  Limitations
§  No guidance on:
§  Project management team responsibilities
§  Tailoring - how exactly to proceed and step by step approach
§  Outputs for processes described but little guidance on contents provided
§  No knowledge covered on the post project activity (realizing benefits)
§  Not enough details on the contents of plans

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PRINCE2®

§  A structured, process based project management method,


§  It stands for PRojects IN Controlled Environments. Helps you plan and control a project
of any size around a structure of key activities, ensuring that the benefits of a project
always outweigh the costs.
§  Project management tool for practitioners.
§  Extracts and focuses on key elements (Themes) which it identifies as being crucial to
the successful assessment and completion of all projects.
§  Contains a structured Process to tie those elements together to reduce overall project
risk, with several useful techniques to support them.
§  PRINCE2® Principles, Themes and Processes are consistent with the PMBOK®
Guide, but PRINCE2® does not include all the knowledge areas and details specified
in the PMBOK® Guide.

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The PRINCE2 Structure
§  PRINCE2® is a project management methodology and tool for practitioners.
§  PRINCE2® extracts and focuses on key elements (Themes) which it
identifies as being crucial to the successful assessment and completion of all
projects.
§  It contains a structured Process to tie those elements together to reduce
overall project risk, with several useful techniques to support them.
§  PRINCE2® Principles, Themes and Processes are consistent with the
PMBOK® Guide, but PRINCE2® does not include all the knowledge areas
and details specified in the PMBOK® Guide.

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PRINCE2® Strengths and Limitations

§  Strengths
§  Alignment to Business Case throughout the Project Lifecycle
§  Product Based Planning approach and focus on achieving them
§  Well defined Roles and Responsibilities of multiple stakeholders
§  Offers the depth “how to” method in project management practices
§  Robust system of checks and controls
§  Uses tolerances in key areas such as risk, scope and quality
§  Can be tailored and applied to any project
§  Offers a framework for facilitating individual Project success!
§  Management by Exception allowing more focus on areas requiring attention
§  Managing by Stages i.e. only one stage is committed at a time
§  Limitations
§  Detailed techniques to plan and carry out project activities are not provided
§  Leadership and People management skills are not covered
§  Little flexibility offered on adapting the best practices
§  Little emphasis on development of Project Managers skill sets

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Who is PRINCE2® for?

PRINCE2® Foundation Certification


§  New and experienced project staff managing, or involved in, small to
medium projects
§  Suitable for Junior Project Managers
§  Introductory step for those interested in a career in Project Management

PRINCE2® Practitioner Certification


§  New and experienced project staff, managing small to large projects
§  Suitable for Junior Project Managers, Project Administrators, PMO
Coordinators, Experienced Project Managers, Project Directors,
Executives
§  Next step for those interested in a career in Project Management, who
already have their PRINCE2® Foundation qualification

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Content - PMBOK vs. PRINCE2®
PMBOK     PRINCE2®    
Comprehensive  guide  on  all  aspects   PracBcal  project  management  methodology  
Purpose  
of  project  management     based  on  principles    
Process  Based  –  defines  the  what,  when,  
A  knowledge  based  approach  to  
Approach   who,  and  how  through  a  series  of  7  
project  management    
management  processes    
Describes  core  pracBces  and  a  
Content   A  series  of  7  project  management  processes  
wider  range  of  techniques  
PrescripBve,  but  meant  to  be  tailored  by  
UBlizaBon   Non-­‐prescripBve  ,  best  pracBces    
project    
Defines  the  roles  of  everyone  involved  in  a  
Roles   Primarily  the  project  manager's  role    
project  -­‐  Project  Board,  PM,  TM,  PA,  PS,  etc.    
Procurement,  HR  management.   Business  case,  product  based  planning,  
Inclusions   More  depth  on  techniques  such  as   management  by  excepBon,  clarity  in  roles  
EVM,  CriBcal  Path,  esBmaBng,  etc.     and  authoriBes,  project  assurance    
2  levels  of  cerBficaBons:  CAPM,   3  levels  :  FoundaBon,  PracBBoner,  
CerBficaBons  
PMP     Professional    

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Accreditation – PMP® vs. PRINCE2®

Item     PMP  Accredita$on     PRINCE2  Accredita$on    


Schema  Owner   PMI,  USA     AXELOS  ,  UK    
ENTRY  LEVEL:  CAPM  (CerBfied  Associate  Project  
Management)  Eligibility:  23  hrs.  of  Contact  Training  +   PRINCE2  FoundaBon  Eligibility:  None    
1500  hrs.  of  project  experience    
Eligibility  
EXPERT  LEVEL:  PMP  (Project  Management  Professional)  
Eligibility:  35  hrs.  of  Contact  Training  +  4500-­‐7500  hrs.  of   PRINCE  PracBBoner:  PM  experience  is  recommended    
project  experience    
Prerequisites     PMI  ApplicaBon  Approval     FoundaBon  level  cerBfied    to  PracBBoner  
Open  Book     No     No  for  FoundaBon,  Yes  for  PracBBoner  exam    
Paper  Based  –  Monitored  (Online  available  for  
Exam  Format     Online  or  Computer  Based  -­‐  Monitored    
FoundaBon)    
Examina$on   ExaminaBon  Center  (Prometric)   Last  day  of  training  (with  ATO)  
Exam  Dura$on     4  h   FoundaBon:  1  h  –  PracBBoner:  2.5  h    
FoundaBon:  mulBple  choice,  PracBBoner:  Scenario  with  
Exam  PaKern     MulBple  Choice  ObjecBve  Type     5  type  of  quesBons:  MulBple  choice,  mulBple  response,  
matching,  sequencing  and  asserBon/reason    
FoundaBon:  70  quesBons  
#  ques$ons     200  quesBons    
PracBBoner:  8  quesBons:  80  marks    
Pass  rate  criteria   PMP:  62.5%     FoundaBon:  50%,  PracBBoner:  55%    
Re-­‐Cer$fica$on/
AccumulaBon  of  60  PDUs  in  3  years     Re-­‐registraBon  exam  aier  5years    
renewal  

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PRINCE2® and PMBOK are complementary

§  PMBOK provides the knowledge and PRINCE2® the “how-to”


§  PMBOK is a map, Prince2® is how to get there
§  There are both a good foundation for “doing projects right”
§  They both provide an internationally proven approach to implementing
projects
§  Are both Project Management “Best Practices”

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In short, whether you are an Executive,
Project Director, Project Manager, or Subject
Matter Expert (SME), PRINCE2® will give you
a new perspective on how to successfully
deliver projects!

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As a Project Manager PMP® certified, why is any additional
certification necessary?

§  Being PRINCE2® certified will provide your Clients and Management
with the confidence that you understand the mechanisms allowing
you to succeed with the projects that were assigned to you.
§  Gives you hands on tools and practical guidance on “how to” of the
project management
§  Ability to manage international projects in organizations which
adopted PRINCE2® method
§  At the end of the 5 days of training, you will have immediately earned
38 Personal Development Units (PDUs) (Category B).

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As a Project Executive, why should you adopt PRINCE2®
for you organization?

§  To improve control of your projects portfolio, be in total control.


§  To save time by managing all projects by exception. When all goes
well, you will be appropriately informed. If the trend is worsening,
however, you will be advised in a timely manner by the steering
committee.
§  To ensure that all PRINCE2® projects are aligned with their “Business
Cases”.
§  To easily pass along the benefits of PRINCE2® methodology to a
large number of your employees.

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As a Director of the Project Management Office, how will
you benefit by changing to the PRINCE2® methodology?

§  It is easy to adopt because PRINCE2® aims at providing a proven


formula for maximizing project successes.
§  PRINCE2® is complementary to, and fully compatible with, a wide
variety of methodologies such as Agile or PMI.
§  PRINCE2® emphasizes the customer’s vision within any given
project, clearly defines roles and responsibilities, provides clear
escalation criteria and procedures, and ensures both transparency
and constant evaluation/re-evaluation.

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As Subject Matter Expert (SME), how would I benefit from
learning the PRINCE2® project management
methodology?

§  It will help you better understand how your contribution to a project
fits within a more complex framework.
§  Being PRINCE2® certified will help you clearly understand the terms
of each project and the language of the Project Manager, and will
guide you in delivering your specific part of the finished product.

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In summary…
At a high level, PMBOK® Guide is a Body of Knowledge and
PRINCE2® is a method for successful management of Projects.
PMBOK
§  PMBOK® Guide is a descriptive comprehension of the PM
Processes, Tools and Techniques.
§  PMBOK® Guide defines the collection of knowledge, generally
recognized as Best practices for managing Projects
PRINCE2®
§  PRINCE2® takes a prescriptive (although flexible) approach for
Project Management, complete with Templates, Roles and
Responsibilities of multiple Stakeholders etc.
§  PRINCE2® is a process-driven PM method

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Available Certifications @ IT Chapter

Training   Dura$on   Descrip$on  


ITIL®   3  to  5   IT  Service  Management  best  pracBces  
days  
CobiT5®   3  days   Governance  of  IT  
ISO  27001   3  days   ImplemenBng  and  managing  an  InformaBon  
Security  Management  System    
PMP®   4  days   PreparaBon  to  PMP  Exam  
TOGAF®  9  (Level  1  &  2)   4  days   Framework  for  Enterprise  Architecture  
Cloud  EssenBals   3  days   Acquire  competences  to  manage,  uBlize  and  
govern  properly  the  new  technologies  in  the  
Cloud  
Prince2®     3&2days   IT  Project  Management  

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Available Certifications @ IT Chapter

Training   Dura$on   Descrip$on  


TIPA®  Assessor  and  TIPA®   3  days   Learn  how  to  assess  capabiliBes  of  ITSM  
Lead  Assessor     processes  
BRMP®   3  days   Business  ReleaBonship  Management  
  Professionnals  
IAITAM®   2  to  3   Assets  Management  
days  

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OUR PMP BOOT CAMP EXAM PREP@ AND
PRINCE2@ COURSES SCHEDULE:

http://itchapter.com/training/courses-
calendar/

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