Essay: Project Management Method

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Essay: Project Management Method

Sample Essay

Principles are the basic foundations of any methodology and are termed as guiding obligations for good conduct or practice. The objective of PRINCE2 is to provide a project management method that can be used all over the world in all different types of industries, cultures and organizational setups. Universal methodologies can only succeed if they have a certain set of principles on how these can be applied to the different industries in a uniform manner.

A common critique that PRINCE2 methodology is faced with is that sometimes it can be applied in an over-prescriptive way or too ostensibly. Keeping these drawbacks in mind PRINCE2 2009 was revised and carried with itself a set of principles (resulting from lessons learned from projects which did not do too well or were exceptional) that provided a sound framework for the people part of the project. These principles assist the practitioners in using their judgment in terms of the application of the method and giving them a level of control that is suitable for that particular level, intricacy and significance of the project. (Garton, Colleen 2009, pp. 345-357)

In case a project fails to adhere to these principles it is not being executed using PRINCE2 correctly, as the principles of this methodology are the foundation of what describes a PRINCE2 project. This can be used as an experiment to determine whether a project is being managed using PRINCE2, therefore whether the project is following good project management practice and hence will be able to attain a successful result.

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