- Torrent Managing Successful Projects With Prince 2 Vs Pmp Certification
- Managing Successful Projects With Prince2 Pdf
Do you want to advance your career as a project management professional, land that salary raise or save your job? There are many ways to solve this headache, with one of them being boosting your academic credentials. There are three major certifications for project professionals: PRINCE2, which stands for Projects in Controlled Environments; ITIL, an acronym for Information Technology Infrastructure Library; and PMP, an abbreviation for Project Management Professional. PRINCE2 and ITIL are administered by AXELOS, while the Project Management Institute owns the rights to the PMP qualification. All the qualifications are recommended for project managers, except for ITIL, which is more relevant to IT professionals who wish to learn how to manage deployment of IT projects in organizations. Nonetheless, let’s have a look at PRINCE2 vs.
PMP; two respected certifications that pose a problem to individuals who are torn between which of the two is more relevant to their careers. Before we proceed, why not? Brief Overview of PRINCE2 PRINCE2 is a course that originates and is administered from the UK by the APMG to individuals both in the UK and internationally. It has a sophisticated, well-defined methodology that outlines in detail the steps, templates and processes that a project should follow in order to be delivered successfully within a controlled environment. It also spells out clearly the roles and responsibilities of a project executive, senior supplier, project manager, financier as well as the senior user. It provides well-defined templates to facilitate smooth execution of the project such as change request form and progress report.
A few features of the PRINCE2 include:. It is generic, which means it is recommended for just any kind of project. It has a well-laid out and standard approach.
It spells out the roles and responsibilities of each member of the team tasked with managing the project. It structures out the planning state into Project Plans, Stage Plans and Team Plans, which eliminates ambiguity and makes it easier to execute the project. It is both project and process-focused.
Brief Overview of PMP The course measures your ability as a project manager to complete a project based on your experience and understanding of project management. The course is administered from the USA, and has gained popularity in Europe and Asia. It differs from PRINCE2 as it basically evaluates your skills and mastery of project management. As such, you are required to have some experience in the field, unlike PRINCE2, which can be done by a person who is new to the field. A few features of the PMP qualification include:. It can be viewed as an encyclopedia of knowledge of matters pertaining to project management. It can be viewed as a comprehensive overview and “generally-accepted” knowledge and principles of project management.
It is also a dictionary of terms related to project management. Now let’s start with the requirements to register for the two certifications, which may help you make a more informed choice based on your skill and knowledge level. Pre-Requisites for PRINCE2 You are not required to have any previous experience in project management, though it is recommended to have it and enrol for a training program before you sit for the examination. Still, PRINCE2 is an ideal qualification for you if you have no prior experience in the sector. Pre-Requisites for PMP PMP has more stringent requirements, which you must have before you sit for the examination.
You are required to have a four-year bachelor’s degree or its equivalent and more than three years of experience in the project management sector. Furthermore, you must have at least 4,500 hours of managing and executing projects and 35 hours of education in project management. Alternatively, you need to have a secondary (high school) diploma or its equivalent and have at least five years of experience in the project management field. Furthermore, you need to have 7,500 hours of managing and executing projects and 35 hours of education in project management. Industry Needs If you are interested in joining a specific industry sector, is recommended that you conduct thorough research to determine which certification will boost your employability. This is because some sectors prefer PRINCE2, while others go for candidates with PMP.
Moreover, if you want to work in UK, Australia and certain European countries such as Netherlands, Denmark and Germany, it is recommended to first take the PRINCE2 if you want to improve your chances of landing a job there. If you are intend to work in North America, go for the PMP course. However, it is advisable to do both courses as explained below. Is it Advisable to do Both Courses? PMP is concerned with the knowledge and skills that are necessary for successful project management and delivery, while PRINCE2 is mostly focused on the framework and processes for successfully executing a project.
It is therefore Nonetheless, there are a few drawbacks to doing so, which are;. Conflicting language: The two courses use different terminologies, which can be confusing at first. For example, project charter in PMP is what is known as project brief in PRINCE2. Different Techniques: Some techniques vastly differ, such as the categorization of risk. However, the benefits far outweigh the disadvantages. A smooth and careful application of the two courses is more helpful in ensuring successful project delivery as opposed to one certification. Benefits of PMP 1.
Better Salary Prospects Having the PMP certification places you in a good position to land a pay increase from your employer as a form of appreciation for the new skills that you bring to the firm. Networking Opportunities When you obtain your PMP certification, you will be linked with other professionals who possess the qualification. Such contacts can prove crucial to helping you land the next job when you really need it. Gives you an Edge in Job Search A PMP qualification helps you stand out in a crowded field due to the standardized skills and knowledge you have acquired. Value to your Employer The certification equips you with standardized project management methodologies that will prove useful to your employer. Efficiency in Project Execution PMP equips you with knowledge and skills to help you execute projects efficiently and improve your team’s productivity.
Benefits of PRINCE2 1. Very Exhaustive The certification analyzes all angles of the project to ensure that it is viable before it commences. Potential risks and user requirements are taken into account to ensure that a project that is bound to encounter hurdles is stopped at planning stages. Well-Laid Out Methodology Since the certification has clearly laid out methodology, it saves you plenty of time and resources if a unique project needs to be done. Standardization PRINCE2 eliminates confusion in project execution as the same approach is used, with common filing systems, procedures and documents. Improved Salary and Employability Prospects It also provides a justification to your employer to give you a pay rise.
Torrent Managing Successful Projects With Prince 2 Vs Pmp Certification
Driven by Business Case PRINCE2 requires users to continually assess and provide updates on business case at certain points to ensure that the project delivers value to the organization or its customers. Failure to do so eliminates any justification for the continuity of the project.
Answer: The question is both yes and no. Yes — there are not just 1 but 3 PRINCE2® Study Guides published by the official sponsoring body of the PRINCE2® Exams; No — the official guides are not.very. exam oriented, meaning that the guides are written either with a general purpose not aiming at helping readers to take and pass the PRINCE2® Foundation and Practitioner Exams. AXELOS, the owner of PRINCE2®, in fact has published a number of “official” PRINCE2® reference books aiming to provide the study materials for PRINCE2® Aspirantsfor the PRINCE2® Certification Exam. These titles include the following:. Managing Successful Projects with PRINCE2® 2009 Edition Manual.
An Introduction to PRINCE2®: Managing and Directing Successful Projects. Passing your PRINCE2® Examinations 2009 Edition Managing Successful Projects with PRINCE2® 2009 Edition Manual The first official PRINCE2® book: “Managing Successful Projects with PRINCE2® 2009 Edition Manual”, aka PRINCE2® Manual, is the official document for the PRINCE2® project management methodology. Most of the PRINCE2® reference books on the market are based on the content and even the organization of the topics in this manual.
It is also the only book that can be used during the PRINCE2® Practitioner Certification Exam (i.e. PRINCE2® Candidates are allowed to bring this study guide into the exam centre). Every PRINCE2® Practitioner Aspirants should buy 1 for themselves.
However, just like the, this PRINCE2® Manual is a dry read and is difficult to comprehend on one’s own reading. Many even expressed that they cannot understand PRINCE2® based on this manual alone. If you have just started out on PRINCE2® or would like to tackle the Foundation or Practitioner Exam, you will need to purchase other PRINCE2® study guides or training courses in addition to this book which cannot really help you to pass the PRINCE2® exams. As a reminder, if you are to bring this PRINCE2® Manual to your PRINCE2® Practitioner Exam, you would need to keep this book very clean.
Tabs, marks, labels, written words, etc. Are forbidden. If you carry a manual with some study notes on it, you will not be allowed to bring the PRINCE2® Manual into the exam room. Do take note! An Introduction to PRINCE2®: Managing and Directing Successful Projects The second one “An Introduction to PRINCE2®: Managing and Directing Successful Projects” is also published by AXELOS. It is targeting senior managers responsible for a project as an executive role for the first time. Many consider this publication as a high level introduction and overview of the PRINCE2® Manual which introduces the principles, processes and key themes, and gives practical examples of applying them.
It is aimed to help executives to decide whether their organizations would like to adopt PRINCE2® or not at a high level. And the actual working details would be left to PRINCE2® Certification holders to resolve. Considering that this guide is just an overview of PRINCE2®, this book alone would NOT be sufficient for preparing for the PRINCE 2 Foundation / Practitioner Certification Exam. PRINCE2® Aspirants are advised not to spend their hard earned money on this not so useful PRINCE2® guide for their certification studies. Passing your PRINCE2® Examinations 2009 Edition The third one “Passing your PRINCE2® Examinations 2009 Edition” is an examination preparation guide for the PRINCE2® Certifications. Download photoshop cs3 portable full version gratis. It provides checklists on what are required in the Foundation and Practitioner Exams and sample exam question papers for both PRINCE2® Foundation and Practitioner Exams.
This official PRINCE2® guide seems to perfectly match the requirements of PRINCE2® Aspirants, but you should note that no updated has been made for this book in 2013 following a change of question numbers / marks for the Practitioner Exam. It seems that AXELOS does not think that this PRINCE2® guide is popular and useful enough to deserve an update to the important facts of the PRINCE2® Exam.
Therefore, this book is now considered obsolete and PRINCE2® Aspirants should not waste money on purchasing it. However, if you can gain access to it for free, the mock exams there are is quite relevant and useful. Then, any Recommended PRINCE2® Study Guides?
Aside from the official study guides for the PRINCE2® Foundation and Practitioner Exam, many training institutes have published far more useful PRINCE2® study guides that can really help PRINCE2® Aspirants to prepare well for their certification exams as the instructors are experienced in helping candidate to study and pass the PRINCE2® exams. My recommendation is which explains the PRINCE2® knowledge in much clarity with many practical application examples. I personally made use of this study guide to help me prepare for the PRINCE2® Foundation Exam (it contains enough details to help PRINCE2® Practitioner Aspirants too). FAQ Category: Further Reading: The provides you with step-by-step instructions on how to get started with your PMP Certification journey.
Hi, my name is Edward Chung, PMP®, PMI-ACP®, ITIL® v3 Foundation. Like most of us, I am a working professional pursuing career advancements through Certifications. As I am having a full-time job and a family with 3 kids, I need to pursue professional certifications in the most effective way (i.e. With the least amount of time).
I share my exam tips here in the hope of helping fellow Certification aspirants! If you have any queries, I am more than happy to help. Please leave your queries in the comment section. I promise to attend to them asap. Wish you certification success! (last name: Chung, first name: Chi Wing).
Contents. PRINCE2 Manual: PRINCE2 Introduction Manual This is a high-level introduction to PRINCE2, which provides an excellent introduction to PRINCE2 and shows how a PRINCE2 project works from start to finish staring with the project idea (project mandate) and ending with closing the project. Most introduction PRINCE2 books introduce the reader to PRINCE2 Principles, Themes, and Processes and do not show them working together. The result of this is that readers end up with a very scattered overview of what PRINCE2 is.
This PRINCE2 PDF manual book takes much different approach. The focus is on how a project works from starting the project (project startup), to running the project and finally to closing the project.
PRINCE2 vs PMP Certification 8 Important Differences August 26, 2016 PRINCE2 vs PMP- You are quite aware that the vitality or value of certification programs has incredibly increased in the recent times specifically in the IT industry. However, many students aspiring to serve the IT sector do get perplexed regarding the appropriate choice of the course. In fact, when you search on the internet, you would come across several certifications. Therefore, it is important to have an extensive knowledge of these courses and then choose one which is best for your career. The following article concentrates on two most important; PMP and Prince2. But you should be acquainted with their differences so that the decision to choose one becomes simpler in the end.
If you have to compare Project Management Professional and Prince2 in a nutshell, the basic difference lies in their techniques and approach to complete any project. Both have their pros and cons and so the selection should be made quite wisely. A lot depends on the reputation of the company and the kind of project you are associated with. However, both are equivalent in terms of value and can help in taking your career forward. Project Management Professional (PMP) Certification Out of the various project management courses, is one of the highly preferred certificates for establishing your career as a project manager. The Project Management Institute (PMI) offers this valuable certification.
By availing this certificate, you get a comprehensive knowledge about how to tackle and manage a project professionally and effectively producing optimum results in the end. Indeed, you can apply your knowledge and experience in whichever industry you work with. Although, PMI is located in Texas US, but the course is widely carried out in other continents as well including Europe and Asia. The PMP is often regarded as the encyclopaedia of the project management as it offers complete knowledge on the subject. Certificates offered by the PMI The Project Management Institute (PMI), the apex body offering the PMP certification has introduced a number of programs to enhance the career prospects of the candidates. However, before enrolling in any of them, you must acquaint yourself with the specific requisites and especially the examinations; you have to qualify in the process.
These certificates are globally recognized and will help you attain the best paying jobs as project managers. You have to prepare exceedingly well to pass the exam with a good percentage. Some essential certificates besides PMP include-. Practitioner Certification offered by PMI- It has a different curriculum and different set of exams.
Program Management Professional whose responsibility is to manage a program. Project Management Institute (PMI) Scheduling Professional. Portfolio Management Professional. OPM3 Professional Certification.
Certified Associate in Project Management (CAPM) which is the junior level of PMP. Risk Management Professional again offered by PMI. Note: Learn how to prepare accurate software estimations. Deliver high quality estimates using best practices. Get the relevant knowledge and skills to become a software estimation consultant. Project IN Controlled Environment (Prince2) Certification The is a type of program which usually focuses on technique related project management.
Here you get to know about a systematic approach and ways to complete a successful project. Earlier, the UK’s cabinet office was supposed to be the owner of the certification but at present it is owned by AXELOS. It is a new joint venture company. While perusing this certification, you would gain knowledge on a number of topics such as MSP program management; portfolio and risk management, value and IT service management and much more. The Prince2 Certification has been readily categorized into three categories based on their levels of toughness.
It includes-. Prince2 Professional regarded as the hardest of all. Prince2 Practitioner which is considered to be the most vital of all. Prince2 Foundation which is a very simple course Out of the three, the Foundation and the Practitioner levels are the most important and popular amongst the candidates. However, if you are willing to clear the examination, then you need to emphasize a lot on the official published document ‘Managing Successful Projects with PRINCE2.’ One of the advantages of choosing this certificate course for your career is that you become quite capable of executing any kind of project with great ease as you develop knowledge of project management principles. Secondly, it offers model approach. Here each team member is familiar with his job responsibility and how to cater it professionally.
The planning is done in a systematic manner and every task is done in a step by step manner. Yet another benefit of Prince2 certification is that it highlights on both project as well as a process. The High Points of Prince2. First of all, it can be said that it is a very elaborate and descriptive program. It primarily touches all the important aspects of the project management process including the problems associated with it. This will help you to strategize your plans more skilfully taking all the vital factors into account.
Secondly, it gives due importance to the particular techniques adopted for completing the project. The approach is quite a clear right from the beginning of the task. This enables you to save ample time and resources. There is always a scope of if you have gained experience in this field. However, the pay is not as much as what PMP managers get, but still you can be sure of getting lucrative income.
Managing Successful Projects With Prince2 Pdf
Now let us make a comparative study between Project Management Professional and Prince2 based on the following parameters. Industry Needs and Area Distribution We know that both PMP and Prince2 Project Management Certification have gained the reputation throughout the world arena but there are certain countries where one is preferred over the other. If one talks about PMP is given priority in the United States and other American countries.
On the other hand, Prince2 is more popular in UK, Australia and other countries of the European continent. Asia, Africa as well as the Middle East region give equal importance to PMP and Prince2. Therefore, one can say that there is almost an equivalent distribution amongst the various regions regarding the first choice of the certification. Higher Pay: PMP or Prince2?
Any candidate, who enrols for a professional course or a certification, does so with an intention to get a higher pay. In fact, this is often regarded as one of the vital factors for choosing a certificate course.
Now, if one has to compare PMP and Prince2 on the basis of better salary prospect, then PMP surpasses the Prince2 certification. In the United States, a PMP certificate holder gets an average payment of $105,000 per annum, whereas Prince2 quite popular in the UK offers an annual pay of £ 50,000 which if converted to US dollars will figure around $77,500. Moreover, according to a report, the PMP salary is going to hike in the near future. A survey has also stated that PMP managers earn more in the primary based industries such as agriculture and mining. The same survey also found that the highest pay scale of a Prince2 Project Manger was around $45,000. Disparity between PMBOK Guide and Prince2 Both PMBOK Guide and Prince2 are quite dissimilar to each other. While the former focuses more on the perspective aspects of knowledge, the later resorts to a more vivid technique.
When you sit down to prepare for the questions, you will come across more of ‘W’ based questions (when whom, what etc) in Prince2. However, if one talk about PMBOK Guide, you will come across more of How questions. Now the question arises, which is better? Well, the answer is both the certifications. However, in case you want to know more than you can obviously refer to the PMBOK Guide and the Prince2 to make out the differences. The technique or the approach for completing the project has to be chosen by you. Do not think that PMP and Prince2 are pitching against one another, but you will need both to implement your project framework.
Advantages Based on the discussions so far, one can say that both Project Management Professional, as well as Prince2, is going to shoulder to shoulder with each other. Therefore, it becomes necessary to compare these two on the basis of their advantages. First let’s analyze the benefits of PMP certification. Firstly, PMP certifications make you an eligible candidate who can expect a flourishing pay on the completion of the course.
Your and deep knowledge will help you to undertake as well as manage the projects more efficiently. By enrolling for PMP, you become a member of PMI. This facilitates you to join a vast global network of professionals. The links prove to quite fruitful specifically, if you are working as a freelance project manager. You can obtain more projects with their contact.
Since PMP certifications are globally recognized, the big giants will give you a preference over others when you have the certificate. You will not only be given priority in offering the job, but your colleagues and your seniors will give importance to your suggestions and advice while doing a project. Examination Format The exams are the most crucial and indispensable part of obtaining a PMP or the Prince2 Certification. The basic difference between the two exam formats is that while PMP tests your knowledge of project management, Prince2 will examine the methodologies of project management.
You are required to answer about 200 Multiple Choice Questions in four hours when attempting PMP and secure 62 percent marks to qualify the exams. Here questions will be related to planning, implementation and controlling the project. Apart from these, there will be some other topics as well which are directly associated with project management such as quality, materials, and risk management etc.
A candidate perusing Prince2 certification is tested on various levels. The examination of the Foundation and the Practitioner levels are different. You have to attend about 75 MCQs and the time allotted is one hour. The passing percentage is 50 in foundation and 55 in practitioner level exams.
Manual do modem sagemcom f st 27645. The person has to answer nine questions in practitioner level in about 150 minutes. Criteria for Appearing in the Exam If you are applying for a PMP certificate examination, you have to fulfill a number of perquisites before you can register yourself at PMI. You should have at least cleared the intermediate exam from any high school or should be a graduate. You need to have experience in directing the projects and also obtain project management education.
However, the number of specific hours in both the cases will surely depend upon your academic degree; that is whether you are a high school pass or a graduate. But there is no such hard and fast rule for appearing a Prince2 certification exam. Does not require you to satisfy any criterion but if you are applying for the Practitioner level then you must possess a Prince2 Foundation level certificate. The registration procedure of the PMP exam is very simple. You just need to log on to PMI training center and register online after paying the fee. However, be a little cautious while registering for Prince2 exam as you cannot do so directly at AXELOS.
So, the choice should be made attentively. Different training centers charge differently for offering their services. Examination Fee Now it’s time to compare the exam fee which you need to deposit for appearing in it. The exam fee of PMP is different for members and non-members. The non-members need to pay $555 while members pay $405.
So, if you want to become a member of PMI then the membership fee is around $100. On the other hand, the cost of the Prince2 may be different. It largely depends on the test center you are opting for appearing in the exam.
For the Foundation level, you need to deposit $365 and for the Practitioner level, it is $485. Renewal of your Certificate If you compare PMP and Prince2 Certifications based on this point, you would find that Prince2 is more flexible as the candidates do not need to renew their certificate.
But the practitioner level certification is valid for a period of five years. As far as PMP is concerned, the candidate should have about sixty Professional Development Units (PDUs) after alternative three years. Conclusion So, the choice is yours when it comes to picking a certification program in between PMP and Prince2. Both have good career prospects and will help in shaping your bright future. However, the selection should be made only after considering all the vital factors.
Product Description Author: Frank Turley is a project management author, speaker, and adviser, with more than 15 years of experience in project management. He covers both PRINCE2® and Agile concepts. Frank is on a mission to help aspiring project managers gain practical experience.
He does this through his writings, sample projects, tips, and innovative ways of teaching the PM methodologies. You can get in touch with Frank via. Management Plaza is a certified Partner of AXELOS, and a PRINCE2 Accredited Training Organization by APMG, EXIN, and PEOPLECERT. PRINCE2 Foundation PDF Training Manual Book author: Frank Turley 166 Pages, PDF: Current version: 1.2e The main objective of this book is to provide an easy to read and understand PRINCE2® manual to help you understand PRINCE2, pass the PRINCE2 exam and get a PRINCE2 Certification.
This is the only PRINCE2 Training Manual or book that is focused on the Foundation syllabus and therefore the only book you need to refer to learn PRINCE2 & pass the Foundation exam. Note: we suggest you get help from the along with this manual. The official PRINCE2 Manual for the Project Manager is an excellent reference manual but can be rather difficult to pick up and read if you are new to project management or PRINCE2. This is why this book has already become the #1 book for people who are preparing for the PRINCE2 Foundation Exam.
How is this Training Manual different from the official PRINCE2 manual?. It is a training manual while the OGC manual is a reference manual. It provides lots of examples of Management Products (easier to understand). It is 100% focused on the PRINCE2 Foundation syllabus and Exam. It use examples tohelp explain new PRINCE2 terms (easy to understand).
It is written like a training manual and therefore very easy to read. It provides an overview of the type of questions to expect (chapter by chapter). It is available in PDF format making it easy to search and find what you need. Material provided by Management Plaza™ (iPlazza N.V). Shop is run by MPLAZA EOOD -iPlazza N.V.
Barbarastraat 13 bus 1, 3120 Tremelo, Belgium MPLAZA EOOD, Bulgaria, Sofia 1111, 44 Nikolay Kopernik Street ITIL®, PRINCE2®, PRINCE2 Agile®, MSP®, MoR®, P3O®, MoP® and MoV® are registered trade marks of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved. The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved. PMI®, PMP®, PMBOK® Guide, OPM3®, and CAPM® are either marks or registered marks of Project Management Institute, Inc. DSDM, Atern, and AgilePM are Registered Trade Marks of Dynamic Systems Development Method Limited. PSM, Professional Scrum Master, PSPO, and Professional Scrum Product Owner are registered trademarks of Scrum.org.