~ By Robert Norton
PRINCE2 is used to manage projects throughout the business world; but what is a project and what constitutes a successful project? This article will define a project, look at the characteristics of an unsuccessful and a successful project, and discuss briefly how PRINCE2 can benefit a business.
A project can be defined as "any outcome you're committed to achieving that will take more than one action step to complete," or "a project is a management environment that is created for the purpose of delivering one or more business products according to a specified business case."
To understand what constitutes a successful project, a lot can be learned by looking at the common reasons for an unsuccessful project.
Some common reasons for an unsuccessful project are:
Some common reasons for a successful project are:
To ensure projects operate smoothly, PROMPTII, PRINCE, and subsequently PRINCE2 were all introduced to address the common reasons for project failure. PRINCE2 (PRojects IN Controlled Environments) is recognised as a world-class international product, is the standard method for project management and provides a flexible and adaptable approach to suit all projects.
PRINCE2 training enables people to understand how a successful project operates by covering the processes, components and techniques needed for any size project. It is a project management method designed to provide a structure that covers the wide variety of disciplines and actions required within a project. The focus throughout PRINCE2 is on the Business Case, which describes the rationale and business justification for the project - it is the Business Case that drives all the project management processes, from project set-up through to a successful finish.
There are two ways to operate a project - successfully or unsuccessfully. Every business wants a successful project so they can reap the rewards; the way forward is for personnel to be trained with a "de-facto" standard for project management in the UK and internationally, PRINCE2.
Robert Norton wrote the article 'PRINCE2 for a Successful Project' and recommends you visit the International Institute for Learning for more information on PRINCE2 training courses.