Entering the field of project management can be both exciting and challenging. It’s a career offering many opportunities, with the Talent Gap: Ten-Year Employment Trends, Costs, and Global Implications report estimating the need for 25 million new project professionals by 2030.
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For organisations with complex environments or where multiple stakeholders and variables are involved, it becomes essential to have a defined project management structure. This is where governance can be vital for a clear vision. Governance structures within project management serve as the backbone for overseeing projects efficiently and effectively.
PRINCE2® is widely used worldwide, and for effective, structured project management, many private and public sector organisations are using PRINCE2 to their advantage. There are over 1 million certified PRINCE2 professionals worldwide, many of whom are making an impact in their industries by running successful PRINCE2 projects. Here are just some of the recent successful PRINCE2 projects taking place:
When striving to deliver projects quickly and effectively, one thing that can get overlooked is project performance reporting. When everything is moving fast in a project, taking time to step back and analyse the performance or pausing to reflect can feel less important than taking action.
Known as P3 management, projects, programmes, and portfolios can work together to achieve business objectives using different methods, techniques and governance structures. Some aspects of projects, programmes and portfolios are very different and require unique methodologies, but all can be valuable and effective when working together.
To reach desired project goals, project managers traditionally focus on the project management triangle, also called the iron triangle. It highlights the importance of balancing scope, time and cost for successful project management. However, as more organisations now look to adopt an Agile approach, the project management triangle has begun to feel constrictive in these fast-paced setting – to combat this, the Agile triangle was created.