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Topic : Project Management 2.0
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Why Indian IT Companies Want To Follow PMBOK Methodology For Project Management But Not PRINCE2?

Created by : Dhananjay Kumar, Team Leader -(Technical), Capgemini UK Plc  | 07 28 2009 10:21:44 +0000
Industry : IT Services
Keywords : pmbok prince2
Activity:  576 views;  last activity : 01 25 2011 04:58:57 +0000

Why Indian IT companies prefer to follow the PMBOK methodology?

 
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There's a difference between a guideline & methodology

PMBOK guide is collection of that subset of the PM body of knowledge that are generally accepted as 'good' project management practice.

PRINCE2 is a full-fledged methodology for projects in controlled environments.

so comparing the two is like comparing apples and oranges.

having said that, here are some other facts:

1. Apart from PRINCE2 there are various Agile & Adaptive methodologies chosen for PM depending on the nature and complexity of the project.That's why 'tailoring' is an important part of methodology optimization.

2.Generally today's  organizations are equipped with resources trained on both.If they have an EU client they would get more acceptance using PRINCE2 and if they are facing the US , PMI standard will be received well.

 

 
By Dhananjay Raturi, Head of the Department, XYZ  07 28 2009 10:57:31 +0000
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PRINCE 2 is useful for the client who is U.K.based & nowadays more IT professionals are following PMBOK as most of their work is coming from U.S.A.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 01 25 2011 04:58:57 +0000
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In my experience(Not enough experience of complete project management process but Involve in defferent phases of project) project using PRINCE2 methodology have minimal chances of failure than PMBOK.
By Dhananjay Kumar, Team Leader -(Technical), Capgemini UK Plc  | 07 28 2009 10:21:44 +0000
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Hello, I agree with you and following the PRINCE2 methodology in project management as a certified PRINCE2 practitioner. I am not asking about any obvious difference which is well known to project management professionals. I got my answer now. Thanks
By Dhananjay Kumar, Team Leader -(Technical), Capgemini UK Plc  | 07 29 2009 19:14:38 +0000
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Dear Dhananjay Kumar, it would have been more clear had you been framed it more nicely. PRINCE2 and PMBOK are completely different from each other.As Mr Raturi has already explained,PMBOK is collection of that subset of the PM body of knowledge that are generally accepted as 'good' project management practice whereas PRINCE2 is a full-fledged methodology for projects in controlled environments.
By Samir Das, Tech Architect, Infosys  | 07 28 2009 11:15:01 +0000
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