The paper “ Effective Project Management with PRojects IN Controlled Environments” is an engrossing example of the assignment on management. PRINCE2 is a well know project management tool which is an acronym for (PRojects IN Controlled Environments, version 2). PRINCE2 project management methodology is widely utilized due to its efficacy in the development and implementation of projects. PRINCE2 is a process-driven methodology that is mainly deployed within controlled environments with seven key core principles, seven themes, and the seven processes. The utilization of PRINCE2 is only meant for high-level management functions and the seven main procedures for PRINCE2 within a project are; Project start: starting a project is the initial stage within PRINCE2 whereby the project team and brief are prepared.
This stage is where the overall project is discussed by the project sponsors and project stakeholders while a project board to overlook the project is selected (Bentley 2010). The main activities within this stage include the selection of the project team and manager, definition of a project approach, consultations, and planning the next phase of the project. At this stage, all the major stakeholders are identified at this stage and identification of the logs of previous projects (Dwyer 2013). Initiating a Project (IP): This is a follow up of the initial process and it leads to the refinement of the ideas or project brief into a concrete project plan which will be used in the project implementation.
This phase is characterized by project planning, project quality, setting up of controls within the project, assessment of project risks, and it is a build-up of the initial project phase (Dinsmore 2011). The final deliverable of this phase is the Project Initiation Documentation which outlines all the procedures to be implemented and undertaken within this phase.
It is also a stage whereby all the project key stakeholders are identified (Harris 2010). Directing a Project (DP): This stage outlines the roles which the project board and other stakeholders will in controlling the project. The project board can make sure that the initiation stage is authorized and implemented in a proper manner.
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