PRINCE2 is a process-based approach for project management; providing a scalable and easily tailored methodology for the management of large and small projects.
Each process of a PRINCE2 project is defined with its key inputs and outputs together with the specific aims to be achieved and activities to be undertaken.
The following diagram and explanations of the PRINCE2 processes will help you when managing projects with PRINCE2.
Risk can either be an opportunity or a stumbling block; nothing is guaranteed but either way it is going to have an effect on your project’s goals and is an essential part of business. Without risks businesses wouldn’t grow or venture into new markets, which in an ever-changing environment could wind up costing them the business itself.
Taking risks is scary, but when guided by a professional who has undergone PRINCE2 Training and knows how to use risk management techniques, looking for potential benefits at every possible opportunity. To be able to do this an individual must be able to use a set of processes and principles to be able to identify, record, analyse and control risks, knowing what best courses of action to take in different situations.
There are a number of things to take into account when coming up with a risk assessment strategy to ensure that your business’s future isn’t completely left to chance, but an extremely calculated risk. Or as calculated as it can be. This is why we are going to look at some of these principles to help you manage risk and help you make your own risk management strategy:
Learn more about PRINCE2 with our previous post on the Seven PRINCE2 Principles. Read the rest of “Managing Risk”
This is Part 2 of our guide to finding work as a project manager. Visit Project Management Tips: Finding Work – How to Get Started for Part 1.
Once you have established yourself as a project manager, it can still be difficult to find work. There are a lot of people going for project management jobs and it can be difficult to make yourself stand out from the crowd. Here are some tips for making yourself the candidate employers will want.