Whether the name ‘PRINCE2®’ means nothing to you – ‘Prince who?’, we hear you ask – or it’s mentioned so often that your interest is well and truly piqued, there’s a reason it’s one of the world’s most popular project management methodologies.
88% of project managers with a PRINCE2 qualification say that it has helped them in their career1, and the project success rate for those holding a PRINCE2 certification is a massive 67%2. While these numbers speak for themselves, in this blog we’ll be detailing some of the key ways in which PRINCE2 can benefit both projects and project managers alike.
It’s tailorable
PRINCE2’s framework can be tailored to any project environment. Whether it’s the size or type of project, the organisation’s individual needs or the industry sector, PRINCE2 is flexible enough to be adapted efficiently without losing any of its effectiveness, even in agile projects.
It’s widely recognised
There are over one million certified PRINCE2 professionals across the globe3, and 59% of all project managers hold a PRINCE2 qualification2. With numbers that big staring you in the face, it’s hard to deny PRINCE2’s popularity. In fact, these days it’s often the case that employers will actively look for the certification when recruiting. With the methodology being so widespread, getting PRINCE2-qualified can not only increase your credibility as a project manager, but it can expand your network and opportunities worldwide.
It introduces a common vocabulary
By managing your projects under the PRINCE2 framework, you’ll be introducing an established vocabulary into your business, which will aid communication and help your projects run more efficiently. And another benefit of PRINCE2’s international renown is that this vocabulary is common amongst project managers and businesses worldwide, so understanding it can further boost your integrity and career opportunities.
It’s relevant at all stages of your career
Whether you’re just starting out in project management, or you’re a seasoned pro with years of experience, PRINCE2 is relevant to you. From helping you to structure and manage your first project with its emphasis on managing by stages, to improving the way your existing project team functions with its keen focus on roles and responsibilities, PRINCE2 is useful regardless of your experience level.
It’s compatible with other qualifications
The beauty of PRINCE2 is that you can combine it with any other project management qualification. By providing the technical framework from which you can structure your projects, it allows space for you to integrate softer skills and techniques from other certifications.
It’s product-focussed
This may seem an obvious one, but it’s important to highlight. PRINCE2’s focus on the product(s) of a project from the very beginning means that all your efforts are rooted in the end goal, rather than the process by which you get there. Ultimately, this will help your projects to run more smoothly, and it will help your project team to work more effectively.
If you want to find out even more about PRINCE2, you can get in touch with a member of our team via our contact us page, or start browsing through our PRINCE2 course options to find the course for you today!
1The AXELOS 2016 PRINCE2® Report, April 2016.
2Tackling Resource Shortage in the Project Management Industry, ILX Group, May 2017.
3AXELOS (April 2017). PRINCE2 in 100 Seconds. Retrieved from https://www.youtube.com/watch?v=61RnrsWQE7A.