Posted on : 17 Oct, 2021, 05:24:02 PM
PRINCE2 full form is PRojects IN Controlled Environment, one of the best practitioner certification programs and structured project management system methods. Prince2 is a process-based approach that emphasizes the various division of projects into controllable and manageable stages. A Prince 2 project refers to a temporary endeavor that is undertaken to produce and carried out collaboratively or individually, involving designs and research to produce a unique solution or product to define the starting and ending with the specific desired result.
Project management is the system that helps in performing and implementing multiple methods, processes, skills, experience, and knowledge for achieving the goals of a unique project. Project management processes fall into five terms, and those are
⦁ Preparation and planning
⦁ Controlling and monitoring
⦁ Closing or meeting up all the requirement
A project management professional must be educated about the term project management as they should be capable of reading, preparing, and presenting a report, making proper plans, and understanding new concepts to make practical and well-informed decisions.
⦁ Basic knowledge of Project Management to apply for the foundation level, but other certification examinations need to be done for practitioner level, such as
⦁ PRINCE2 Foundation Exam
⦁ PRINCE2 Practitioner examination
⦁ Once apprentices are qualified, they need to attend a professional training certification course to get a voucher for applying for an examination.
⦁ Foundation level - Take 1 hour to complete 60 objective-type questions to score above 33 to pass the examination.
⦁ Practitioner level - Takes 2 hours 30 minutes to complete 68 objective-type questions to score above 38 to pass the examination.
⦁ 4 years of degree or equivalent education having either 4500 hours project experience or 7500 hours of secondary degree related to project managing experience
⦁ Mandatory training of 35 hours
⦁ Online examination after paying the fees
⦁ It takes 4 hours 30 minutes to complete 200 objective-type questions to score above 70 to pass the examination and qualifying for the certification.
Experience plays a crucial role as it shows leadership and managerial skills with the understanding of an individual’s accountability and responsibility. Some required skills are critical thinking, creative mindset, analytical skills, problem-solving skills, creative mindset, leadership skills, accountability, multitasking skills, etc.
AXELOS, United Kingdom
PMI, United States
Based on the 7 principles of Project Management
Based on all the project management aspects
Business case of the project
ATO (Authorized Training Organization)
REP (Registered Education Providers)
Eligibility: All are eligible
Certification: Prince2 Foundation
Eligibility: 1500 hours of project management experience and 23 contact hours of training
Certification: CAPM (Certified Associate in Project Management)
Eligibility: Project Management experience recommended
Certification: Prince2 Practitioner
Eligibility: 4500 to 7500 hours of project management experience and 35 hours of contact training
Certification: PMP (Project management professional)
The 7 processes need to be done and to take into account how and when it must be done, by whom and what must be done in the lifecycle of the project.
To manage the project, describing the core practices and a wider range of techniques are involved.
Prescriptive, need to be tailored for the project
Non-Prescriptive, Best practices
Open Book Exam
Entry-level Exam Format
CAPM Exam Format
Expert Level Exam Format
Examination: 60 questions, MCQs, passing marks 33 minimum questions should be correctly answered, that is equal to 55%.
Examination: 150 questions, MCQs, passing marks 105 minimum questions should be correctly answered, that is equal to 55%.
Certification: CAPM Exam Format
Validity of Certification
Examination and Training Cost
Project management is becoming important day by day for businesses where quality, time, budget, and scope matter a lot. If you are still wondering and confused whether the project management profession is a good career option or not, here are some reasons to make your sight clearer.
⦁ Growing demand for project management experts
⦁ Highest salary compensation for professional
⦁ Great opportunity with an unlimited career option
⦁ Culminating career that required in every industry
⦁ Wide variety of industries such as manufacturing, business services, finance, insurance, construction, utility industries, etc
⦁ Improves interaction capability
⦁ Attention to the details
⦁ Self-improvement chances
⦁ Strong understanding of businesses processes and their risk management cases
⦁ Deep knowledge about specific circumstances
⦁ Proven self-management and project management skills
⦁ Strong Critical thinking and leadership quality
⦁ Ability to control and manage budgets
⦁ Good negotiation and communication skills
⦁ Excellent interpersonal, analytical, decision-making skills
⦁ Capability to interpret instructions, maintain schedules, define the situation, data documentation, and concluding.
⦁ Creative mindset, multi-tasking, self-motivation, project management skills
Project managers are highly demanded in every sector as they should be because planning, managing, and implementing is not an easy task. Let’s find out together some of the popular career paths for project managers, and here are those.
⦁ Team Manager or Team Leads
⦁ Assistant Project Manager
⦁ Business Project Manager
⦁ Project Delivery Manager
⦁ Project Executive
⦁ Project Management Analyst
⦁ Construction Project Manager
⦁ Product Manager
⦁ Service Improvement Manager
⦁ Senior Project Manager
⦁ National Senior EQA Scheme Officer
⦁ Associate Project Manager
⦁ Contract Project Manager
⦁ Implementation Project Manager
⦁ Information Technology Project Manager
⦁ Project Coordinator
⦁ Software Project Manager
Making a career in the project management field is not at all easy. Having a specific skill set, knowledge about essential tools, process management, critical thinking, and so on is an important factor in the project management profession, but there is no doubt that skills like Prince2 and PMP certified in your CV are always a cherry on the top!
Starting a career in the Project Management field without any experience or completing a project management course can create hurdles in an individual's future and career; that’s why Wissenhive provides online project management certification courses with professional trainers so that beginners can step into this industry.
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