Benefits of PRINCE2 Certification and Reasons for Earning it

What exactly is PRINCE2?

Projects IN Controlled Environments (PRINCE2) is a project management paradigm based on processes. It is widely used by the UK government, as well as in the business sector, both in the UK and globally. The domain is in the public domain, and it provides non-proprietary project management guidance. It was founded in 1989 by the Central Computer and Telecommunications Agency, or CCTA. It was principally based on PROMPT, which was developed in 1975 by Simpact Systems Ltd and adopted by CCTA in 1979 as a model for use in government information system projects.

Key features of PRINCE2:

Following are the key features of PRINCE2:

• It is a non-proprietary methodology.
• It offers the most generally used approaches to manage projects.
• As it is broad, it can be used in all sorts of assignments.
• This is achieved via the management properties of project work.
• It is based on customer/supplier settings. It assures that there is a client with a desired product/result who can also pay for its development along with a vendor who can offer the required resources along with skills.

Benefits of PRINCE2

PRINCE2 is a universal language used by dealers, consumers, and businesses. Even though it does not include contract management, it provides all the essential boundaries and controls needed for all to work together within any relevant contract.

More importantly, it allows your business to focus on the right projects for the right people and at the right time; by creating the start of a project and its end depending on the continued existence of a business case. Certified PRINCE2 training shall develop your skills as a Project Manager.

Its top benefits are as follows:

• It applies to all projects.
• It recognizes project accountability.
• Its product defines what a task can provide.
• Its plans are designed sensibly to meet the requirements of different levels in an administrative team.
• It is grounded in the ‘management by exception’ framework that ensures economic and effective use of project management time.
• It makes sure that its takers focus on its ability based on its business objectives.
• It describes a cost-effective and accurate report structure.
• It ensures that the shareholders are characterized enough in decision-making and development.
• It ensures learning and continuous improvement in organizations.
• It improves steadiness in project work and its ability to reprocess assets.
• It clarifies the valuation and assurance of project work.
• Efficient project management is a challenge in many organizations all across the globe. With proper training and certification in PRINCE2, you can ensure the regular functioning of your projects that satisfy your business goals and objectives.

Top Reasons to Study for PRINCE2 Certification

PRINCE2 Foundation and PRINCE2 Practitioner Certifications are considered among the most popular Project Management Certifications all over the world. There are many reasons to do PRINCE2 Certification.

Some of the Top Reasons to Do the PRINCE2 Certification are as follows:

1. Build and Improve Project Management Skills

The main reason that gives the most precise advantage: much-improved Project Management skills. With PRINCE2, you will learn to use projects better with more effective management skills. You shall learn the terminology, methodology, conventional systems, framework, and process used by a vast number of project managers and know the skills needed to initiate successfully, plan, manage, monitor, and execute projects.

2. More of a Methodology

Unlike other certifications on Project Management, PRINCE2 puts a broader emphasis on Project Management principles related to its instruction book along with rigid rules. As a writing guide, it says about the stages and processes of a project, along with responsibilities and roles associated with it.

It may not mention right the way to achieve the following job in the project, but can make you know the processes and principles of a project vividly and also the way to manage them. You will be ready to tailor your PRINCE2 plans according to your requirements and oversee the projects that you manage carefully.

3. Start Smoothly

When you take a certification, the time to prepare/study, costs involved, and disruption that it imposes into your professional life is highly significant. It gives a unique advantage, which you may start by preparing for its Foundation exam.

While doing PRINCE2 certification, you shall get a complete overview of what you can suspect if you were to continue with PRINCE2 Practitioner Certification. This makes the beginning stage of a Project management certification prospect much easier.

4. Receive the PRINCE2 Certificate

Once you have finished the training, you have to take an examination along with a training provider or take the public exam. There is no complicated enrollment process and no time-consuming stuff audit process. The certificate gets delivered within a few days after clearing the exam.

5. Global Recognition

PRINCE2 Certification is recognized globally. It was formed in the public IT sector under the UK government’s supervision. PRINCE2 is a de facto Project Management in different parts of the world.

Private and public sector companies and governments all across the earth are using it, and its reputation is growing around the world, including Asia, USA, and Africa. PRINCE2 Certification provides you the opportunity to undertake project work on an international level.

6. Enhances Employment Prospects

A PRINCE2 qualification is excellent for your employment opportunities. It is a world-class product, and it is regarded as a conventional methodology for project management. It is the reason why so many companies all over the world look for staff having PRINCE2 Certification.

You are not limited to a single industry. PRINCE2 is a Project Management, and thus, it is not limited to any distinct organization or industry. You may use it in any trade or organization or project of any scale. This will increase your project work areas immensely. You will be able to apply for a job in various industries.

7. Proof of Certification

You can clearly show your proof of Certification. PRINCE2 certification holders are joined into the official PRINCE2 successful candidate list. You can check this register online. So, when you apply for a job, you do not have to give copies and documents of PRINCE2 certificates.

The online enrollment shall prove that you have completed the examination successfully and shall mention the date too. It can be examined by putting the candidate’s name and number. If an employer or a potential employer wants to check the PRINCE2 qualification, you have to provide him your link and number. It gives you manifold chances of employability.

Why Implement PRINCE2 in Your Company?

PRINCE2 is Project Management of International Standard, and it is known as an international product. Mainly it involves several years of best practice of project management and offers a versatile and flexible approach related to all projects.

Some of the reasons to complete it in your organization include the following:

• A consistent and standard approach.
• An organized and controlled beginning, middle, and end.
• Regular progress reviews on the plan and also against the business.
• Faith that a project shall have a business justification.
• Flexible decision points.
• Meeting of stakeholders and management at the right place and right time during the project.
• Excellent communication links between the project management, the project, and the leading organization.
• A power to share and capture lessons learned.
• A path to enhance project management skills and the organization’s staff competencies at all levels.

According to a survey, it was found that high-performance projects demand PRINCE2 certified project managers. This is indeed beneficial to the directors and managers of a plan as well as the organization. As the resources will be used, judiciously and business decisions made more effective. Hence, PRINCE2 has become a widely known and recognized common language for all the project participants.

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