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Total Views: 169Word Count: 180See All articles From Author PRINCE2 is used to manage projects throughout the business world; but what is a project and what constitutes a successful project? This article will define a project Nelson Semedo Jersey , look at the characteristics of an unsuccessful and a successful project, and discuss briefly how PRINCE2 can benefit a business.
What is a project?
A project can be defined as "any outcome you're committed to achieving that will take more than one action step to complete," or "a project is a management environment that is created for the purpose of delivering one or more business products according to a specified business case."
To understand what constitutes a successful project, a lot can be learned by looking at the common reasons for an unsuccessful project.
Some common reasons for an unsuccessful project are:
Lack of management support - which can lead to insufficient funding and resources; senior management performance criteria is not linked with the project's criteria Marlon Santos Jersey , which can lead to conflict.
Resource conflicts - can mean there is a lack of dedicated team members in the project; key resources unavailable when required.
Lack of clarity on roles and responsibilities - can cause individualsteams to work inefficiently; deadlines are missed; resolution over issues is delayed; overall there is low morale within the project workforce.
Poor communication - lack of information passed to individualsteams can cause confusion within the project workforce; deadlines missed; concerns of stakeholders or team members not addressed.
Lack of leadership - can be caused by an inexperienced or an untrained project manager; lack of sustained leadership commitment; no clear goals, vision or strategy set; individuals are unclear how the project will alter jobs, processes, etc; there isn't any alignment of measurement and reward system with targeted outcomes.
Some common reasons for a successful project are:
Advanced planning of the project - individuals are given defined roles; teams are established; the outcome of the project is defined.
Strong leadership - continuous committed leadership; executives show strong support; metrics and incentives are in place to drive desired behaviours; change is seen as an on going process.
Relationships are maintained - the leaders are 'people focused'; relationships are maintained while meeting the needs of the project.
Quality delivered - project deliverables have met all functional Marc-Andre Ter Stegen Jersey , performance and quality specifications.
Stakeholder expectations met - every expectation of the stakeholders was met; every key stakeholder accepts the project results.
Project completed - the project was completed within the set timeframe; completed under the approved budget; the project has achieved its original goals, objectives, and purpose; every participant should be eager to repeat a similar experience.
PRINCE2 for successful projects
To ensure projects operate smoothly, PROMPTII Luis Suarez Jersey , PRINCE, and subsequently PRINCE2 were all introduced to address the common reasons for project failure. PRINCE2 (Projects in Controlled Environments) is recognised as a world-class international product, is the standard method for project management and provides a flexible and adaptable approach to suit all projects.
PRINCE2 training enables people to understand how a successful project operates by covering the processes, components and techniques needed for any size project. It is a project management method designed to provide a structure that covers the wide variety of disciplines and actions required within a project. The focus throughout PRINCE2 is on the Business Case Lucas Digne Jersey , which describes the rationale and business justification for the project - it is the Business Case that drives all the project management processes, from project set-up through to a successful finish.
Conclusion
There are two ways to operate a project - successfully or unsuccessfully. Every business wants a successful project so they can reap the rewards; the way forward is for personal to be trained with a 'de-facto' standard for project management in the United Kingdom and internationally, i.e. PRINCE2.