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Summary

This course on PRINCE2 version 7 Foundation focuses on the principles, techniques, practices, and processes for successful project implementation using the PRINCE2 methodology. Participants will prepare for the PRINCE2 Foundation certification. The course explores the evolution of PRINCE2, which is based on best practices gathered over 25 years, and covers topics from project initiation to project closure. Emphasis is placed on project value, clear goals, and business case analysis, with certifications at both Foundation and Practitioner levels available to validate knowledge and leadership capabilities in PRINCE2 project management.

Takeaways

• 😀 The course focuses on preparing participants for the PRINCE2 version 7 Foundation certification by exploring principles, techniques, practices, and processes for project management.
• 😀 Key icons will be introduced throughout the course, which refer to additional resources or actions that can enhance learning. Participants are encouraged to pause the video or take photos of these references for later use.
• 😀 The official PRINCE2 version 7 book is recommended as supplementary material, providing deeper insights, even though it might contain content beyond the Foundation level.
• 😀 The course modules are structured to reflect the stages of a project: initiation, execution (delivery phase), and closure, with additional modules for review and consolidation.
• 😀 PRINCE2 has evolved over 25 years through global best practices, incorporating real-world project management techniques rather than theoretical constructs.
• 😀 PeopleCert owns and certifies the PRINCE2 method, offering qualification systems for individuals through accredited training organizations.
• 😀 The Foundation certification confirms knowledge of the PRINCE2 model, enabling participants to understand project jargon, processes, and roles involved in PRINCE2-based projects.
• 😀 The Practitioner level certification focuses on project managers, ensuring they are capable of managing and leading a PRINCE2 project, applying the methodology to real projects.
• 😀 Successful projects, according to PRINCE2, are those that deliver value to the business. This value can be both tangible (e.g., products) and intangible (e.g., organizational change or strategy).
• 😀 Clarity in goal-setting is vital for project success. Clear goals ensure everyone involved understands the direction, facilitating smoother project management and ownership by the project team.
• 😀 Projects are initiated to deliver a product or service that creates business value, whether through financial gains or other strategic benefits. This emphasizes the importance of aligning projects with business needs and goals.

Q & A

What is the main goal of the PRINCE2 version 7 Foundation course?

The main goal of the PRINCE2 version 7 Foundation course is to introduce participants to the PRINCE2 methodology, covering principles, techniques, practices, and processes for successfully managing a project. The course also aims to prepare participants to pass the PRINCE2 version 7 Foundation certification.

How are the icons used during the course?

The icons in the course are used to specify additional actions, information, or references that participants can explore elsewhere. The course encourages participants to pause the video or take a picture of the slide to keep the icons visible for easier recognition during the course.

Why is the official PRINCE2 version 7 book referenced in the course?

The official PRINCE2 version 7 book is referenced because it provides supplementary information to support the course. It is also the foundational text for the more advanced Practitioner-level course. While not all information in the book is relevant to the Foundation level, it offers valuable insights for further learning.

What are the key modules covered in the course?

The course modules are structured to mirror the stages of a project, starting with the principles of PRINCE2 project management, then moving to how to start a project, manage its execution during the delivery phase, and finally how to close the project. Additional modules summarize key points throughout the course.

How does PRINCE2 incorporate best practices into project management?

PRINCE2 is based on best practices derived from real-world project management experiences. Rather than being designed by a think tank, the methodology has evolved through practical application across various industries, collecting insights on what works best in managing projects.

Who owns the PRINCE2 methodology and is responsible for certifications?

The PRINCE2 methodology is owned by PeopleCert, who are also responsible for issuing certifications. They provide accredited courses and certification exams for both Foundation and Practitioner levels.

How is PRINCE2 recognized globally?

PRINCE2 has been recognized globally for over 25 years and is widely adopted across organizations as the standard methodology for project management. Its widespread use is a testament to its effectiveness in managing projects in a variety of industries.

What are the two levels of certification in PRINCE2?

PRINCE2 offers two main levels of certification: Foundation and Practitioner. The Foundation certification confirms knowledge of the PRINCE2 methodology, while the Practitioner certification confirms the ability to manage a project using PRINCE2 principles.

What defines a successful project according to PRINCE2?

A successful project, according to PRINCE2, is one that delivers value to the business. This value can be measured in various ways, not just financially, but through the successful delivery of a product or outcome that meets the needs of the organization.

Why are clear goals important in a project?

Clear goals are essential because they provide direction for the project, ensuring that everyone involved understands the desired outcomes. This clarity helps the project leader and team stay focused, make informed decisions, and take ownership of the project's success.