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PRINCE2 or PMP

Created by : Nilesh Roy, CEO/MD/Director, Dishari TechnoServ  | 07 22 2008 12:15:04 +0000
Industry : Technology ConsultingFunctional Area : Project Management(Technology)
Keywords : PMP PRINCE2
Activity:  1828 views;  last activity : 07 06 2010 20:18:09 +0000

PRINCE2 --> http://en.wikipedia.org/wiki/PRINCE2

 

PMP -->  http://en.wikipedia.org/wiki/Project_Management_Professional

 

  
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PRINCE2 Vs PMP
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Top Argument
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I feel the advantage of Prince2 method lies in its focus which is product based.  Prince2, as a project management methodology concerns itself with successful deliveries of projects rather than on the activities of the project.  This makes the Prince2 system output-driven and is viewed as a more pro-active way of handling and managing different projects. For flexibility and timely delivery Priince2 is better but PMP on the other end takles issues like procurement, which are not really covered in Prince2. SO I personally decided to use a combination of both for my PMO and I am satisfied with the results.
By Rahul Gedam, Project Manager, Polaris Software  07 24 2008 00:00:43 +0000
 
Arguments in: "PRINCE2 or PMP"
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I entirely agree that PRINCE2 is tune perfectly for product based development. Its lightweight and it focuses on delivery on a day to day basis
By Sankhadeep , Project Manager, IBM  | 05 30 2009 15:52:07 +0000
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well not exactly. PRINCE2 is concise and does not come with the baggage of contact hours and eligibility criterion and a bulky PMBOK. PRINCE2 covers all the PM day to day activiites and is totally focussed in the end game i.e delivering the product
By Sankhadeep , Project Manager, IBM  | 05 13 2009 05:41:49 +0000
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I could say that people in the many countries have heard of PMBOK but do not know what it is & vice versa for PRINCE2, Many people assume PRINCE2 and PMBOK are alternative, alternative even competitive approaches to Project competitive, Management and they need to choose between them,

Here is the video which talks about PRINCE2 recognized......
By Ashish Soni, Team Lead, Wipro  | 01 23 2009 10:56:20 +0000
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I feel PRINCE2 is highly effective with its tailored process-based approach and ready to use templates for various project artifacts.
By Minakshi Kaushal, Project Lead, iGate Global  | 11 13 2008 07:36:54 +0000
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Following are the main reasons which enables me support PRINCE 2 

Although, PRINCE2 is based on the principles of  PMBOK. PRINCE2 extracts and focuses on the elements (“components”) which it identifies as being crucial to the successful assessment and completion of a project.  It constructs a process to tie those elements together to reduce overall project risk, and provides techniques to support them.

Accountable Project Board

Along with Project Managers Accountability for Success and Failure of the Project, PRINCE2 Calls for an Accountable Project Board  as a part of the ORGANIZATION component helping to ensure their  commitment and support to the Project Management Team with authority and powers  to get the work completed.


By RanjithKumar Panjabikesan, PMP, Client Servicing/Account Manager, TBD  | 07 29 2008 11:37:26 +0000
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What project management methodology do you use in a fast moving IT Infra environment?
 
I often work in a really fast moving environment where you always have to make a choice between a formal project management methodology and a more flexible approach; mainly for daily change requests when the client doesn’t want to have a dedicated resource (Not for the implementation of the project but for the ongoing change requests).
 
It’s evident that very formal procedures can drastically increase the response-time and decrease the flexibility of the services provided to the clients.
 
So, the question is “What project management methodology do you use in the same case?”
 
Thanks in advance for your feedback!
 
Nilesh Roy.
By Nilesh Roy, CEO/MD/Director, Dishari TechnoServ  | 07 22 2008 12:15:04 +0000
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PMP is more widely accepted, and it is aligned with the unpredictable trends in the project stages
By Mahesh Paluru, Senior Consultant, Bensouda Consulting  | 02 09 2009 05:26:13 +0000
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I Think PRINCE2 is a subset of PMP
By Ramesh Babu, Program Manager, Symantec  | 01 23 2009 10:22:56 +0000
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The PMBOK is a collection of knowledge areas and process groups. It describes what a Project Manager should know. I would think that, in order to be effective, a project manager would make this knowledge actionable! The PMI is very much worldwide, although more prevalent in the Untied states.
By Jitena Valmik, Project Manager, Patni Computer Systems  | 11 13 2008 07:35:04 +0000
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Well PMP has a globally recognized credential, that credibility can be helpful from a career standpoint.

The knowledge and skills gained from the PMP course can be applied in the real world.


By Abhinav Chouhan, Team Lead, Wipro  | 11 13 2008 07:31:16 +0000
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PMP enables you to develop extensive knowledge of all aspects of project management. The PMBOK is really the body of knowledge for Project Management.
By Debasish Deb, Project Manager, HP  | 11 13 2008 07:26:37 +0000
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