Over one million project managers use PRINCE2 in public and private sector projects in countries around the world. Its attention to rigor and good governance makes it a popular standard for many organizations.
What is Prince2 certification?
PRINCE2 is a process-based method for effective project management that will give you the essential skills you need to become a successful project manager. It stands for PRojects IN Controlled Environments and is used and recognized across the world.
PRINCE2 is completely scalable, and the most recent update of the framework means that it can be more easily tailored to any project you undertake.
Basics of PRINCE2 Certification
PRINCE2 was developed by the UK Government to improve the control of public sector projects. And it remains mandatory for projects that spend public money in the United Kingdom to use PRINCE2.
But it is now being used by a wide range of organizations in all industries and sectors. Not only in the United Kingdom: PRINCE2 is used worldwide.
PRINCE2 is also very flexible. Their principles and processes can be adapted to manage successful projects at all scales. Its seven principles, seven themes, and seven processes are good practice in project management. You can customize them to suit your needs.
And PRINCE2 offers even a solution if the need is Agile: PRINCE2 Agile.
PRINCE2 Certification Levels
PRINCE2 Qualification constitutes different levels of Certification which are as follows:
1.PRINCE2 Foundation: This is the basic level of certification. The organization’s staff member/employee will give the organization the best techniques to further improve its revenues and profits.
2.PRINCE2 Practitioner: Is a certification that enhances the skills needed to manage projects and manage risks effectively.
3.PRINCE2 Professional: Certification is primarily for Prince2 Practitioners who would like to take the next step and increase their PRINCE2 methodology skills. This certification will test the managers’ ability to manage non-complex projects across all streams. However, the certification of Prince2 Practitioner is the prerequisite for the certification of Prince2 Professional.
4.PRINCE2 Agile: Certification is a new module, suitable for those who have already received PRINCE2 and need additional guidance on the use of agile methods. This certification is appropriate for projects on a small as well as large scale.
How can PRINCE2 benefit you?
There are more than 1 million PRINCE2 certified professionals worldwide, and it is firmly known as the most practiced method for project management in the world.
The skills you learn through PRINCE2 will help you manage a project with greater effectiveness and success. It will also help with your career progression-it is necessary to have PRINCE2 as a project manager for many organizations. In reality, 88% of project professionals said they were supported by PRINCE2 in their careers.
PRINCE2 certification gives you the opportunity to hone your skills so that you can command a better salary. Top companies consider PRINCE2 as one of the most important benchmarks for hiring and hence provide lucrative salaries to certified professionals. According to Payscale, PRINCE2 certified professionals earn an average salary of $100,000 in the U.S.
If you have always aimed to work abroad, then getting a PRINCE2 certification is the best choice for you. PRINCE2 certification is recognized worldwide as a crucial qualification and employers look for it when hiring candidates.
How can PRINCE2 benefit your Company?
As an organization, following the methodology of PRINCE2, your projects will benefit from:
- A common and consistent approach
- A controlled and organized start, middle, and end
- Regular reviews of progress against plan
- Assurance that the project continues to have a business justification
The certification is divided into two different levels of qualification-Foundation and Practitioner. Level The Foundation is an introduction to the principles, themes, and processes of PRINCE2. This shows you how to deliver projects consistently on schedule and within budget, handle risks, and minimize perceived problems. The Practitioner level then teaches you how to apply and tailor PRINCE2 to suit the needs and problems of a particular project scenario.
Who is Responsible for the PRINCE2 Methodology and Certifications?
PRINCE2 is managed by AXELOS, a commercial company which was formed in 2013 and is jointly owned by:
- The Cabinet Office on behalf of Her Majesty’s Government in the United Kingdom, and
- Capita plc
AXELOS manages and develops the Global Best Practice portfolio that the Cabinet Office used to take responsibility for. The portfolio includes:
- MSP (Managing Successful Programmes)
- M_O_R (Management of Risk)
Before the Cabinet Office, these methodologies were managed by the Office for Government Commerce (OGC), and earlier still, the original toolsets were created by the Central Computing and Telecommunications Agency (CCTA).
The prerequisites of practitioner level PRINCE2 certification training are:
- Foundation level certification
- (PMP) Project Management Professional or (CAPM) Certified Associate in Project Management
- IPMA level as A/B/C/D
Cost of PRINCE2 Certification
The PRINCE2 certification cost varies according to the location where the participant takes the online exam.
PRINCE2 Foundation exam
- The exam duration will be 1 hour.
- There are 60 questions
- Passing percentage is 55% (So you need to score 33 questions correct at least out of 60 questions total)
- No negative marking
- Only multiple-choice questions
- Reference Book: PRINCE2 2017 edition Managing Successful Projects
PRINCE2 Practitioner exam
- The exam duration will be 2.5 hours.
- There are 9 questions
- It is an objective, scenario-based paper
- Revised PRINCE2 Guidance
- More emphasis is given to the method approach while managing the projects using all the same seven principles, processes, and themes.
- Customization of PRINCE2 according to a specific organization and environmental needs.
- Give more focus on the relation between the principles and themes
- In themes include pertinent and specific tailoring
- Practical application of methods along with guidance examples are given more to enable you to use it in your project management
- Become a ready reckoner and reference more in all aspects of project management
- Gives more importance to Membership for PRINCE2 Foundation and Practitioner certification holders staying current and have valid certification.
Top PRINCE2 Online Courses
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2.PRINCE2® Foundation & Practitioner Certification
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Training Details: The online PRINCE2® exam prep course is designed to help aspiring professionals earn the PRINCE2® Foundation and Practitioner certifications in the first attempt, and to obtain a thorough understanding of this project management method and the ability to effectively apply it in various project environments. The course covers the integrated elements of this method, and details of each of these elements, namely the principles, themes, processes, and the project environment.
This course is taught by PRINCE2® certified trainers, who have years of experience in training. These instructors have been practicing project and program management with some of the top organizations across industries. They leverage their rich, hands-on industry experience to help participants understand the practical application of the method as covered in the 2017 PRINCE2® Guidance/Manual (Managing Successful Projects with PRINCE2® published by AXELOS Limited).
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