Pg. 41 PRINCE2 Blog | Project Management Training Courses

3 Reasons Project Assurance is Vital to Success

Posted on Wednesday, 24th May 2017 08:12
Submitted by ILX Marketing Team

Assurance is when the project board objectively assesses a project’s performance. This assessment considers whether users’ requirements are being met, and if the project’s intended benefits outweigh its costs. In spite of this, project assurance remains an underutilised aspect of PRINCE2. In their annual Pulse of the Profession Report (2015), the Project Management Institute reported that inadequate requirements management was the cause of failure for 47% of unsuccessful projects. These 3 benefits should remind project managers and their teams of the ongoing importance of project assurance.

The Role of a PRINCE2 Project Sponsor

Posted on Monday, 8th May 2017 09:10
Submitted by ILX Marketing Team

In a previous blog, we talked about PMI’s most recent report on project management. It celebrates the increasing success of projects, crediting a lot of it to sponsor engagement. Since we already discussed how to engage sponsors with PRINCE2 tools, now we’ll turn the tide and talk about what’s expected of executive sponsors.

PRINCE2: What to Tailor and What to Keep

Posted on Wednesday, 26th April 2017 09:00
Submitted by ILX Marketing Team

PRINCE2 has facilitated the success of projects across a wide range of sectors, for companies of all sizes across the world. This dispels any misconceptions that PRINCE2 is a one-size-fits-all approach. The reality is that companies are 'tailoring' PRINCE2 to make it the best fit for achieving their unique project goals. This blog will explore what it means to tailor PRINCE2, what can be tailored, and what must remain the same.

3 Common Pitfalls to Avoid with PRINCE2

Posted on Thursday, 6th April 2017 09:00
Submitted by ILX Marketing Team

Our previous blog showed how to apply positive project management habits to PRINCE2. Now, we’ll look at the other side of the coin. Although project success rates are growing, project managers still struggle with many common pitfalls. Here are some of the ways PRINCE2 can prepare you for them.

3 Keys to Project Success with PRINCE2

Posted on Thursday, 23rd March 2017 09:00
Submitted by ILX Marketing Team

PMI’s most recent Pulse of the Profession report focused on the rising success rates of projects. They identified trends that wasted 20% less money than the previous year. Here, we detail some of these positive trends and tell you how to apply them to your own PRINCE2 projects.

Product Description and Project Product Description – What Are the Differences?

Posted on Thursday, 2nd March 2017 09:10
Submitted by ILX Marketing Team

The Product Description and Project Product Description are two different things, despite the similar names. The Product Description details a project’s component parts, while the Project Product Description details the final product. Here, we explain both types of description in depth and even provide templates to make producing them easier.