PRINCE2 “PRojects IN Controlled Environments”
PRINCE2 “PRojects IN Controlled Environments” for short has become one of the most popular and widely used project management methodologies available today. Employed by both the public and private sectors, it has become the de-facto standard for project management. Prince2 is a project management methodology aimed at improving not only your project management skills but also your chances as a prospective employee. Nowadays many organizations look for individuals with Prince2 expertise as they are often required to control, organize and manage projects.
PRINCE2 is a best practice framework that helps managers deliver projects on time and within budget. It divides projects into clearly defined stages with a start, middle and end. It focuses on the delivery of products rather than carrying out activities. Every project must have a business case, and plan that is periodically reviewed to check the project is still viable.
PRINCE2 is about doing the right projects, at the right time, for the right reasons. It gives you standard systems, procedures and language for projects.
- Better control and use of resources
- A means for managing risks and issues
- Flexible decision points
- Regular reviews of progress against the project plan and business case
- Assurance that the project continues to have a business justification
- Good communications between the project team and other stakeholders
- A mechanism for managing deviations from the project plan
- Early visibility of possible problems
Initially, project managers were merely required to supervise the progress of any project; whereas now, they are considered as strategic thinkers and are crucial for bringing about positive and result-oriented changes in the project management sector.
The largest number of certified project managers work in the IT industry in India, and going by the largest employers in that domain (TCS, CTS, Infosys, Wipro & IBM), the average salary of a project manager ranges from 13.5 Lakhs Per annum to about 16.8 Lakhs per annum (as per Glassdoor data).
The salary of Senior Project Managers is about 20 Lakhs per annum across the country, as per Glassdoor : Refer Salary: Senior Project Manager in India
If you are considering working towards your PRINCE2 exam, GVS Technosoft offers a variety of project management courses that will help you pass, including the PRINCE2 Certification Training Course. We have included ITIL, ITSM, and ISO standards to improve multiple business processes. Many of our clients have consulted on their project enhancement and work efficiency improvement.
For more information, Visit www.gvstechnosoft.com
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February 2, 2018
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