Prince 2

Prince 2

Prince 2

PRINCE2 technology development is a product of 30 years of extensive research, leading to an extremely user-centric and customer friendly product. Updates are made to the certification every two to three years, keeping in mind the ever-increasing demands of the industry. The PRINCE2 design is not limited to the industry, but the demand for project management professionals is increasing in all industry sectors such as Construction, Engineering, Healthcare, Finance, Government, and even Energy and Transportation. PRINCE2 has been globally implemented on a massive scale and has transformed into one of the most coveted certifications for all project management professionals in a very short time since its inception.

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Course Summary

PRINCE2 software is known for its non-proprietorial guidance for any and all project management systems. It not only improves the overall project security but also promotes organizational sustainability and capability across various fields like IT, research, product development and construction.

It enables the documentation and analysis of project issues at the right at the planning stages. It is the broadly practiced de facto standard in regions of Europe and the United Kingdom which imparts best possible subject knowledge on aspects such as business case, quality, scope, cost, time, along with the risk and benefits.

PRINCE2 technology development is a product of 30 years of extensive research, leading to an extremely user-centric and customer friendly product. Updates are made to the certification every two to three years, keeping in mind the ever-increasing demands of the industry. The PRINCE2 design is not limited to the industry, but the demand for project management professionals is increasing in all industry sectors such as Construction, Engineering, Healthcare, Finance, Government, and even Energy and Transportation.

PRINCE2 has been globally implemented on a massive scale and has transformed into one of the most coveted certifications for all project management professionals in a very short time since its inception.

Course Highlights

The PRINCE2 Foundation and Practitioner Course covers the following aspects:

  • Course Introduction – This helps candidates get oriented with PRINCE@ and begins the process of learning.
  • PRINCE2 Principles – This expounds the underlying fundamental project management principles.
  • PRINCE2 Themes – This discusses PRINCE2 themes from Business Case theme and Organization Theme to Change and progress themes.
  • PRINCE2 Process – This deal provides the candidate’s knowledge of topics ranging from Starting up a project process to closing a Project Process.
  • Customizing PRINCE2 to Project Environment
  • PRINCE2 Practice Tests
  • PRINCE2 Real – time Scenarios
  • Tips and Tricks – will help the candidate pick up efficient methods of learning

Prerequisites

While there are no prerequisites to appear for the PRINCE2 Foundation level exam, you need to be PRINCE2 Foundation certified to appear for PRINCE2 Practitioner.

Why learn Prince2?

Post completion of the PRINCE2 certification the candidates will:

  • Understand the integrated elements of PRINCE2 such as principles, processes, themes and tailoring within a work environment.
  • Pick up knowledge on the benefits and principles underlying structured approaches to project management.
  • Gain a detailed understanding of the objectives, purpose, and activities in all seven themes and how they can be customized depending on the nature of the project.
  • Gain expertise in developing a product-based planning approach for projects that splits them into manageable, controllable stages.
  • Learn how themes and processes can be customized depending on the size and complexity of the project.
  • Attain the expertise and knowledge to pass the PRINCE2 certification exam and execute the project management concepts in real-time.
  • Master the ability to control the use of resources and effectively manage project risk.
  • Knowledge and understanding of the seven principles, processes, and themes as stated in the PRINCE2 guidelines.

Who can learn Prince2?

The PRINCE2 certification is suited to all professionals from the Project management background and candidates aspiring to join project management. While being the most validated and sought after professional requirement, PRINCE2 certifications are suitable for:

  • Project Managers, Project Leaders, and Project Planners who require focused career advancement.
  • Project Directors and Program Managers who are looking to streamline high- level project operations.
  • Department Heads of IT who need to augment project management functionalities.
  • Software Professionals looking to take up project management.

Advantages

The advantages of PRINCE2 certification for professionals are as follows:

  • Exhaustive Body of KnowledgeThe PRINCE2 body of knowledge provides professionals with the tools needed to analyze a project from every angle, ensuring its feasibility before the project is initiated. Aspects such as user requirements and potential risks are taken into consideration ensuring that project issues are forecasted and dealt with at the project stage itself.
  • Well Laid-out MethodologyA lot of time and resource-usage is saved during the completion of a distinct project since the certification has a clearly laid out the methodology.
  • StandardizationConfusion in project execution is completely removed since a standardized methodology is utilized throughout the project, with common filing systems, procedures, and documents.
  • Enhanced Salary and Better Employability ProspectsThere are better chances of landing a better job that pays higher, especially in the US and UK. As professionals, you will gain higher visibility with regards to employers on a global scale.
  • Driven by Business CaseSince PRINCE2 needs users to self-assess and provide updates on business cases at pre-defined points to ensure that a project will deliver value to the organization and its customers. This is essential because failure to do so will eliminate the justification for the progression of the project.

Companies that use PRINCE2 Certification

  • Sony EricssonA great example of a large organization making use of PRINCE2 in the private sector is its implementation within the working strategy of the project management team at Ericsson. It utilized PRINCE2 best practices to integrate into project management practices and solve major logistical difficulties, ultimately achieving project success.
  • ESBProminent Irish energy provider ESB was required to implement a major change in 2002 when Ireland converted to the Euro. This challenge was handled seamlessly using the PRINCE2 methodology.
  • Toyota Motor CorporationxThis company needs regular inputs from PRINCE2 principles to regulate its project processes and procedures. This is how it stays on top of its competition in the market.
  • Ford Motor CompanySince Ford is renowned the world over for churning out world-class automobiles and doling out global quality service. This is made possible using Prince2.
  • Reebok FootwearThis highly innovative company has always resorted to the best PRINCE2 principles to optimize project processes.

Why Bumaco Global?

We as an institute offer world-class training for professionals with the following acclaimed benefits:

  • Our training and certification program gives you an invaluable understanding of the major topics covered in PRINCE2 Certification.
  • In addition to greatly enhancing your income potential, getting certified in Program Management displays your knowledge of the skills necessary to be an effective Professional on a global scale.
  • The certification validates your ability to generate reliable, high-end results with enhanced efficiency, consistency and sustainability.
  • A blended learning model dividing the course material into online and classroom training ensures the best possible learning outcomes and retention.

What do We Provide?

  • Experienced faculties who are certified in the area of Prince2.
  • Quality study materials like assignments, assessments, case studies and video presentations.
  • Access tools to perform analysis and reporting.
  • Become a certified expert with the concepts, techniques and its tools.

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Chapter 1 : Integrated elements
2
Chapter 2 : Principles
3
Chapter 3 : Themes
4
Chapter 4 : Processes
5
Chapter 5 : Tailoring PRINCE2®

Certification Help

PRINCE2 Projects in Controlled Environment 2 (PRINCE2) framework for effective project management was established by CCTA in 1989. This framework distinguishes management aspects of the project work of design and construction. This PRINCE2 certification is aimed at both aspiring and experienced project management professionals to design, develop and deliver the project.

While the PRINCE2 certification scheme has undergone development to provide three levels of certification being- Foundation, Practitioner and Professional. An internationally accredited body named AXELOS has gone on to develop a complementary agile project management qualification named PRINCE2 Agile.

The course details can be accessed here - https://www.axelos.com/certifications/prince2-certifications

AXELOS is actually a joint venture between the UK Cabinet Office and Capital PLC.

Candidates can take up PRINCE2 training courses through an AXELOS accredited training center or through self-study for every certification level.

PEOPLECERT is one such accredited training organization which conducts training and examinations on behalf of AXELOS.

The details of the training course can be found here -http://www.peoplecert.org/en/Test-Takers/PRINCE2/PRINCE2-Exams/Pages/PRINCE2-Exams.aspx

PRINCE2 Certification Types

There are four different types of PRINCE2 certification namely:

  1. PRINCE2 Foundation
  2. PRINCE2 Practitioner
  3. PRINCE2 Agiler
  4. PRINCE2 Professional

PRINCE2 Foundation Certification

PRINCE2 Foundation certification is to verify that trainees have adequate knowledge and understanding of the PRINCE2 methodology to work productively.

Prerequisites

There are no predefined prerequisites, but prior knowledge on Project Management is desirable.

Exam Details

  1. Examination Fee $363
  2. 75 Multiple choice questions
  3. Five questions to be trial and not counted in scores
  4. Pass Mark - 50%
  5. Exam duration – 60 mins

PRINCE2 Practitioner Certification

PRINCE2 Practitioner certification is to verify that trainees have achieved sufficient knowledge and understanding to customize and apply to the project management scenarios.

Prerequisites

In order to take PRINCE2 Practitioner level certification, the candidate must ensure that one of the following certifications:

  1. PRINCE2 Foundation Project Management Professional (PMP)
  2. Certified Associate in Project Management (CAPM)
  3. IPMA Level A (Certified Projects Director)
  4. IPMA Level B (Certified Senior Project Manager)
  5. IPMA Level C (Certified Project Manager)
  6. IPMA Level D (Certified Project Management Associate)

Exam Details

  1. 50 Multiple Choice Questions
  2. Pass mark - 60%
  3. Exam Duration -150 minutes
  4. Open book exam using an official PRINCE2 Agile guide only

PRINCE2 Agile Certification

We have developed a world-class single-tier certification for the candidate who has passed Foundation and Practitioner certification, which enables project management professionals to apply project management principles of PRINCE2 combining the agile concepts.

Prerequisites

In order to take the PRINCE2 Agile Certification, the candidate must have PRINCE2 Foundation and Practitioner Certification.

Exam Details

  1. 50 Multiple Choice Questions
  2. Pass mark- 60%
  3. Exam Duration 150 minutes
  4. Open book exam using an official PRINCE2 Agile guide only

PRINCE2 Professional Certification

The PRINCE2 Professional certification is the next step for PRINCE2 Practitioners which test candidate’s ability to manage a non-complex PRINCE2 project across all aspects of the project lifecycle.

Exam Details

  1. 2.5 day residential Assessment Centre
  2. Group activities and exercises
  3. Based on a fictional project case study
  4. Assessment against 19 individual performance criteria.


What are the seven principles of Prince2?

The Prince2 principles are the driving path of any kind of functioning in an organization. There are seven principles as follows:

Describe the different types of themes in Prince2.

There are many kinds of themes in the Prince2® which are distinct with different kinds of approaches of usage of the software. They are:

What are the roles and responsibilities in the Business Case Theme?

The roles and responsibilities of the Business case theme are different at various stages of the operating level in the organization. The following table will explain the different roles and responsibilities:-

Explain the process model of Prince2

The process model of Prince2® consists of seven stages. They are as follows:

Define Risk Management and list the Risk Identification Techniques.

The Risk Management is a kind of technical procedure or actions that are useful in understanding the risks and limiting them from damaging the operation by implementing the corresponding actions.

The risk identification techniques are:

Placement FAQ's

Why the professionals need to be certified in Prince 2?

Prince2 certification helps in knowing a common protocol, or terminologies that are used by the professionals and team members throughout the project. This helps in maintaining good communication and lets professionals know the roles and functions of each member involved thus helping in increasing efficiency. Any project from any industry can use the principles of Prince2 to power up the efficiency. This is proven to be a great tool for every project manager. Prince2 also helps in planning strategy of the project, measure its related data, analyze it, organize the project and its methodologies, develop key requirements and principles and then executing the whole plan.

What are the job titles and designations for “Prince2® Certified Professional”?

The job titles and designations for Prince2 certified professionals are:

  1. Project Manager, IT
  2. Senior Project Manager, IT
  3. Service Delivery Manager
  4. Project Manager, Software Development
  5. Program Manager, IT
  6. Technical Project Manager
  7. Customer Project Manager
  8. National Senior EQA Scheme Officer
  9. Project Management Analyst
  10. Implementation Project Manager
  11. Service Improvement Manager
  12. PRINCE2 Consultant
  13. Project Delivery Manager
  14. Innovation Delivery Manager

What is the salary trends in the market for “Prince2® Certified Professional” across countries?

The salary trends in the market for “Prince2 Certified Professional” are:

  1. In India, the salary ranges from Rs 508,627 to Rs 3,041,023.
  2. In the USA, the salary ranges from Rs 2,544,685 to Rs 8,937,500.
  3. In the U.K., the median salary is Rs 4,129,500.
  4. In the UAE, the median salary is Rs 428,015.
  5. In Australia, the salary ranges from Rs 3,000,058.16 to Rs 8,222,471.76.

What are the certifications available for Prince2

The certifications available for Prince2 are:

  1. Prince2 Foundation: Having this certification implies that the holder has enough understanding of the Prince2 principles and methods and that he can now work in a project development team.
  2. Prince2 Practitioner: This actually refers to applying the knowledge gained during the certification course. Having this certification indicates that the holder is able to apply the Prince2 methods in a real-time project scenario.
  3. Prince2 Professional: This confirms that the certificate holder is able to work on and manage those Prince2 or project management projects which are non-complex.
  4. Prince2 Agile Practitioner: This certification makes the professional ability to apply project management principles of Prince2 and combines them with Agile concepts too.

What are the different sectors/fields for “Prince2® Certified Professional” to work?"

Prince2 has been designed for every type of project and for every type of industry. The course is such that it gives a boost to your project management skills. Thus, its use and application are not at all restricted. It can be applied to business, IT, construction, and financial sectors and the projects related to these sectors. Basically, principles and rules remain the same that is applicable to all industries.

What are the Prerequisites for Prince2 Course?

While there are no prerequisites to appear for the PRINCE2 Foundation level exam, you need to be PRINCE2 Foundation certified to Appear for PRINCE2 Practitioner.

What are the system requirements to attend the live sessions?

  1. Processor I3 with 4GB RAM, OS can be 32 or 64 bit (Laptop/Desktop)
  2. Internet connection with Min 1 MBPS speed
  3. Good quality headset
  4. Power back up
  5. You can also log in through your Android mobile phone/ Tablet with 4G internet connectivity

What if the trainee miss any session?

The trainee can watch the recorded video of all the sessions in the LMS or Trainee can attend the missed session in the upcoming batches.

What do the trainee get from the LMS?

The trainee will have the access to Recorded sessions, Assignments, Quizzes, Case Studies, few course documents posted by trainers, Placement related docs etc.

What is the validity of the LMS access? What if the LMS access is expired

The trainee will get 1-year access to the LMS. You can contact our support team to extend the validity of the LMS.

Will the trainee get any project to work on with Prince2 course?

Yes, of course! The trainee will get the project at the end of the course; you need to submit a project. Our trainers will assist you to complete the project.

How are the practicals done?

The trainee will get step by step assistance on VM installation from our expert trainers during the practical sessions, post live sessions, you can practice at your end and submit your queries if any to our support team support@bumacoglobal.com for further assistance.

What are the types of training we offer?

  1. WBLT- Web-based live Training
  2. WBVT- Web-based Video Training
  3. One on One live training
  4. Self-paced training
  5. In class training

What are the benefits of online training?

  1. Flexible location
  2. Flexible schedule
  3. Travel free
  4. Time saving
  5. Cost saving
  6. LMS access
  7. You will never miss a class
  8. Two-way interactive
  9. Fast learning
  10. Trainer support for 1 year

Who are our Trainers?

Our trainers are industry experts having 10 to 15 years of industry experience and 3-4 years of training experience. Most of the trainers are working professionals who teach the real time scenarios which will help the students to learn the courses in an effective manner.

Will the trainee get the certification post the course completion?

Yes, Trainee will get the participation certificate from CorpConsult upon successfully completing the course.

What if the trainee has more queries and need assistance?

The trainee can drop an email to support@bumacoglobal.com an automatic ticket will get generated. Our support team works 24/7 to assist you with all your queries.

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Enrolled: 196 students
Duration: 30+ Hours
Lectures: 5
Video: 30+ Hours
Level: Advanced

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