AXELOS Brings Updated Process Management Standard PRINCE2 for Agile Work Environments
The updated PRINCE2 ensures the method’s tried and tested approach to project management, with its overall structure of seven principles, themes, and processes. The PRINCE2 method is comprised of seven themes, principles, and processes and equips Practitioners with the knowledge to manage projects in a range of environments.
PRINCE2 is firmly established as the world’s most practiced method for project management and is globally recognized for delivering successful projects. The updated PRINCE2 ensures the method’s tried and tested approach to project management, with its overall structure of seven principles, themes, and processes. The PRINCE2 method is comprised of seven themes, principles, and processes and equips Practitioners with the knowledge to manage projects in a range of environments.
The update is characterized by an emphasis on tailoring PRINCE2 to the needs of organizations and project environments; the principles that underpin PRINCE2; greater clarity on the link between the themes and principles; the restructuring of the themes guidance to accommodate specific examples of tailoring; and the practical application of the guidance, with numerous examples, hints, and tips, among others.
Speaking on the occasion, Cameron Stewart, Global Head of PPM Product Development at AXELOS says, “We are delighted to launch the latest version of PRINCE2 in India. PRINCE2 2017 is designed to be tailored to the work and the organization, so organizations can be prepared for variable and flexible environments that are evolving faster than ever before. The PRINCE2 exams have also been updated and are now about intelligently applying what you have learned from our updated material, and our expert partner network, with their talented and engaging trainers. PRINCE2 has always been Agile-friendly and Agile-enabled, and with this latest version, organizations can deliver tailored solutions in an Agile way.”
PRINCE2 is a best practice approach for project management, which is being used across various diversified sectors of the Indian economy majorly including Construction, Manufacturing, Automobiles, IT Providers, BFSI – Banking and Financial Institutes, Telecom, FMCG, and Government projects, among others.
Luis Ribero, Account Manager, AXELOS, UK says, “With the launch of PRINCE2 2017 in India, we are committed to strengthening our existing partnerships, and developing new partnerships to expand our global footprint in the fastest-growing markets across the Asia Pacific region. We will continue to monitor the PPM community feedback as well as to improve our entire portfolio whether through new product development, or the maintenance and updating of existing products.”
Quint Wellington Redwood is officially authorized as Accredited Training Provider for PRINCE2 certification courses in India by APMG-International. Quint believes that applying and enhancing best practices is more important than protecting them.
Sunil Mehta, MD, Quint India says, “We feel extremely privileged to help launch the latest version of PRINCE2, which is the world’s most practiced method for project management in India. As an Accredited Training Provider for PRINCE2, we are dedicatedly addressing the training needs of talented professionals and organizations while leveraging PRINCE2’s strength derived from decades of Best Practice in project management across diverse organizations and industries.”
In a digitally-driven Indian marketplace, organizations are continually adopting agile practices to actively align their project management business unit with the delivery of the organization’s vision, strategy and objectives. PRINCE2 has always been applicable in a wide variety of environments, and this includes environments that favour an agile approach to project management. The PRINCE2 2017 update includes specific guidance on agile adoption and makes direct reference, where relevant, to PRINCE2 Agile. PRINCE2 2017 update also provides guidance on identifying the minimum requirement for a PRINCE2 project and on making selective, but optimum use of PRINCE2’s elements to suit the scale of the project in hand.