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All You Need To Know About PRINCE2®

all-about-prince2®

Project management is a lucrative and varied career path. Whether you’re just starting or are looking to progress in your career, developing the PRINCE2® Certification could be the perfect way to start.

Let’s get started! Here’s information about what you’ll need to get started:

What is PRINCE2®?

PRINCE2® stands for Project Management in Controlled Environments. It is implemented worldwide by governments, organizations, and businesses to deliver complex projects successfully.

PRINCE2®’s guidelines make it easy to plan and control a project of any size around a structure around key activities, ensuring that group benefits outweigh the costs.

PRINCE2® courses are categorized into the following three divisions: PRINCE2® Foundation and PRINCE2® Practitioner courses.

What are the different PRINCE2® certifications?

  1. The PRINCE2® Foundation is a short learning activity giving you an insight into the principles of PRINCE2®. It can be taken online and lasts from 20-50 hours. There are no prerequisites.
  2. PRINCE2® PractitionerYou will gain practical experience with real project management in the workplace rather than theory. You need only have a PRINCE2® Foundation qualification to get started.

Why Consider Going for PRINCE2®?

PRINCE2® is considered a benchmark of capability within the industry. We help companies find project managers who want jobs that fit this standard on their resumes.

57 different countries use PRINCE2®. It’s estimated that there are over 300,000 practitioners of PRINCE2®.

Project management is becoming a more popular idea among employers. Employees who have experience with project management often have the option to have their name listed as shorthand for their qualifications in this field.

What are the methods of learning?

For a PRINCE2® Foundation qualification, you can choose to practice independently or participate in hands-on seminars. You can also attend online learning programs.

You will have to take exams for PRINCE2® Practitioner and PRINCE2® Professional in a classroom or assessment center.

What does the PRINCE2® Certification hold for you?

PRINCE2® focuses on seven themes and processes crucial to managing project success. The method is adaptable, meaning it isn’t stuck in one way of working or doing things.

How Does PRINCE2® Benefits Businesses?

You can invest in PRINCE2® training to help improve project management practices, not just now but in the long term. Project teams have well-defined responsibilities within a project and a clear vision of what is delivered and when know why and for whom they’re working. The framework also offers demonstrably effective processes for managing resources, resulting in the effective implementation of projects.

With PRINCE2® management, it will help you to maintain the correct perspective when carrying out your projects. Reviews will ensure that work is proceeding in line with established business goals, and any errors will be addressed and resolved before work can continue.

The benefits of becoming PRINCE2® certified

You should check these benefits of PRINCE2® Certification

  1. Flexible decision-making points
  2. It’s a globally recognized project management qualification
  3. Offers a proven and reliable framework to manage projects of different kinds efficiently.
  4. It has a script that can help you participate in the conversation instead of watching it happen.
  5. It’s perfect for any project size and any industry. You might tailor it specifically to a company’s size or industry
  6. Insights of Regular reviews of progress and business cases
  7. Early detection of potential problems
  8. Good communication between the members of the project team and other PRINCE2® stakeholders
  9. An easy-to-use method for staying on track and managing any deviations from the project plan.
  10. Will provide the required skills and knowledge of project management

The best way to work with PRINCE2® is to save time and money while optimizing the project. The framework has been proved successful worldwide and has created a thriving community of practitioners, and they are happy to share their experience of the framework and how They can work with it.

How to Get PRINCE2® Certified?

certified-prince2®

There are four certifications for PRINCE2®, but the first two, PRINCE2® Foundation and PRINCE2® Practitioner, are the most sought after. The prerequisites vary for each level.

PRINCE2® Foundation Level: 

PRINCE2® Foundation course is an introduction to PRINCE2®, its principles, terminology, and how people can work with various projects in a management team.

Prerequisites:

There are no specific preconditions for the Foundation level certification.

  • You can study this independently or as a prerequisite to the PRINCE2® Practitioner course.
  • PRINCE2® Certification Requirements require that project managers have some fundamental knowledge of managing projects.

In that way, knowing the methods, terms, and concepts in PRINCE2® will prepare you for Foundation level certification.

PRINCE2® Practioner Level:

PRINCE2® practitioners prepare individuals to apply PRINCE2® methodology to their projects under the project environment. Once they have mastered this, PRINCE2® practitioners can implement the process as needed for each project scenario.

Prerequisites:

If you want to enroll in this course, it is essential that you provide proof that you passed one of the following exams:

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

Only present-day certifications will qualify as a prerequisite.

PRINCE2® Agile Foundation:

PRINCE2® Agile Foundation qualification tells you everything you need to know about agile concepts, the governing processes and principles in PRINCE2®, and how these work with PRINCE2®. It is similar to the PRINCE2® Foundation qualification. After finishing the course, you will be able to understand how things like agile concepts go hand in hand with PRINCE2®.

Prerequisites:

There are no formal pre-requisites for the PRINCE2® Agile Foundation exam.

PRINCE2® Agile Practitioner

The PRINCE2® Agile Practitioner qualification teaches people how to combine the Classifications, Forms, and How-to documents of PRINCE2® together with agile methods, techniques, and approaches such as pivot and scrum to get a successful result.

Prerequisites:

Just like PRINCE2® Practitioners, you will need to show proof of having passed one of the following:

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

AXELOS renamed ‘PRINCE2® 2017’ as ‘PRINCE2® 6th Edition’.

As of January 2020, PRINCE2® 2017 will be referred to as ‘PRINCE2® 6th Edition’. The new edition is an updated but similar version of the original.

There were two reasons for the new name. First, AXELOS felt that the new name would better reflect the heritage and authority of the framework’s best practices. Secondly, PRINCE2® required an update to better align with other frameworks and Aligning with other frameworks helped ensure that the programming language would remain relevant.

Who can get PRINCE2® certification?

Anyone can use PRINCE2® to manage their projects. If you plan to become a project manager or have experience in developing and executing projects, you will be able to use PRINCE2® for your success.

For project managers who want to ensure that they have the skills and knowledge necessary to be effective, the PRINCE2® Foundation certification is a great way to indicate that they can be informed and influential project management team members.

The PRINCE2® Foundation also serves as a prerequisite for getting PRINCE2® Practitioner or Agile certified.

PRINCE2® is for professionals who want to maximize their project management skills. We help you work with a team, assess your goals and stay productive.

Understanding the PRINCE2® examination format

PRINCE2® examinations are either undergone:

  • As a part of a PRINCE2® accredited training course through your PRINCE2® training provider
  • Online
  • At a public PRINCE2® examination center.

Regardless of your exam choice, the style, structure, and length will remain the same.

PRINCE2® Foundation Level Certification Examination 6th Edition

  1. Examination duration: 60minutes
  2. Includes 60 questions
  3. You’ll need to get at least 33 out of the 60 questions correct to pass the examination.
  4. It will have a multiple-choice pattern.

5. There is no negative marking

6. There will be two Reference Books: PRINCE2® Foundation 6th edition and PRINCE2® Agile. 

7. There will be some different questions: you may be given the usual question pattern with 4-answer options, fill in a missing word type or pick two correct statements from a given list of 4.

PRINCE2® Practitioner Level Certification Examination 6th Edition

  • There will be objective-type questions.
  • Total number of questions: 68
  • It would be best to have a 55% average to pass the test. So you will need to get at least 38 out of the 68 questions correct
  • Exam duration: 150 minutes (2 and a half hours)
  • It is an open book examination.

What can you achieve by becoming certified in PRINCE2®?

To become a certified PRINCE2® Practitioner, you will demonstrate your ability to implement the PRINCE2® methodology in multiple environments and according to your organization’s specifications. In project management, PRINCE2® Foundation certification is considered a crucial requirement on the pathway to becoming a Certified Practitioner.

Validity of your PRINCE2® certificate:
  • The PRINCE2® Foundation certificate holder will have their certificate valid for life. However, the Practitioner Certificate only lasts for a maximum of three calendar years.
  • You will either need to pass the PRINCE2® Certification Exam or pay a subscription to keep your certification valid.
  • These are the criteria you need to meet within the three years to make sure that you stay updated through My PRINCE2®:
  • Sign up for my PRINCE2® membership and get three months of practice for £50.00 + Tax with a £50.00 annual membership fee.
  • You will need to maintain your PRINCE2® digital badge. To renew your digital badge, you’ll need to earn 20 CPD points every year in the prescribed categories.

You will receive the year’s subscription with your PRINCE2® Practitioner certificate.

My PRINCE2® is a subscription to the latest resources and content. You can learn more about the application of everything that you learned in your PRINCE2® Practitioner exam on your work and sharpen your skills and knowledge in line with future innovations in project management.

What is My PRINCE2®?

An extensive library of resources can help project management professionals succeed. They can find information relevant to all project stages, such as the PRINCE2® guide, best practices, and more.

You will get easy access to:

  1. PRINCE2® Foundation 6th Edition and PRINCE2® Agile official online guidance
  2. PRINCE2® 6th Edition templates to support you with every project
  3. Exclusive white papers
  4. Member’s discounts to industry publications, training courses, and events.

Benefits of Being Registered My PRINCE2®

My PRINCE2® subscribers have access to:

  1. PRINCE2® templates and publications to apply ‘PRINCE2® best practice.’
  2. A CPD toolset to keep your certificate up-to-date.

Successful candidates will be contacted by Axelos for their discount codes, 

If you have any questions, the candidates can email the Axelos team at membership@axelos.com.

What are PRINCE2® digital badges?

Digital badges are small icons that people can have to indicate they have mastered a skill. They contain information about an activity, the date you did it, and the date it expires.

AXELOS authorizes the use of badges to verify credentials. Employers and recruiters can use these badges to differentiate between candidates.

Your badge will show the level of certification that you have. For example, if you hold both a PRINCE2® Foundation and PRINCE2® Practitioner certification, then you will receive a PRINCE2® Practitioner badge.

PRINCE2® certifications Costs

Components involved in the PRINCE2® certification cost are:

prince2®-certification-cost
  • PRINCE2® Training
  • PRINCE2® examination
  • Cost of Sample Examination papers
  • Study Guide
  • Membership fee.

You can find PRINCE2® Foundation and PRINCE2® Practitioner courses in different countries and accredited training organizations. Course fees are estimated based on the location and accredited training organization offers the course.

You are choosing an online course in PRINCE2® results in a low-cost training component. Consider taking the PRINCE2® Foundation & Practitioner Certification examinations with a bundle.

By completing our course, you will have access to everything. Some training providers even offer such courses for just $60, and you would only need a month to finish them.

The PRINCE2® Foundation™ certification costs around $900. If you get an exam bundle that includes the PRINCE2® Foundation and Practitioner exams, you can save money because the combined price is much lower than the individual prices.

However, if you decide to attend classroom training, you may have to pay around $1000 for your PRINCE2® certification. Many of these PRINCE2® courses cover the cost of the PRINCE2® Foundation & Practitioner Certification examinations.

If you are interested in becoming a PRINCE2® certified professional, choose the correct course to suit your needs. Pay attention to the course cost so that you can get the most for your money.

PRINCE2® online

The online PRINCE2® course is a great way to save money and not have to travel anywhere. Online courses for the Foundation level cost €450 or more, but class sessions cost up to €1000. This way, you can get the course with less commitment and spend less on exams.

PRINCE2® training and certification information

Info/Examination TypeFoundationPractitioner
Question TypeObjectiveObjective
Certification FamilyPRINCE2PRINCE2
Conducted ByPEOPLECERTPEOPLECERT
Created ByAXELOSAXELOS
LevelFoundationAdvanced
Re-CertificationNot RequiredRequired
Number of Questions6068
Time Allotted60 Minutes150 Minutes, 180 Mintues for Languages other than English
Marks to Qualify33 out of 6038 out of 68
Closed/Open BookClosed BookOpen Book Only the Manual is Allowed
Examination Languages66

Languages the PRINCE2® examinations are held in are:

prince2®-examination-languages

Choose the right test center and schedule/reschedule your examination.

To register for the examination, follow these steps. Choose the center that works best for you:

Via Pearson Vue:
prince2®-pearson-vue

Step 1: Visit the link: PEOPLECERT

Step 2: Scroll to the bottom of the page and find “Take the Exam” in the header.

Step 3: Click on the ‘Approved Test Centre,’ then click the Pearson Vue logo at the bottom right of the screen.

Step 4: You will be redirected to Pearson Vue Page

Step 5: On the right-hand side of the page, you will see a host of options to schedule, reschedule, or cancel an examination.

Step 6: To find a test center, choose the type of search you want to conduct below where you are asked to sign in, and then click on “Find Test Center.”

Step 7: Choose a test center from the menu, and book an appointment, according to your preferences.

Via Prometric:
prince2®-prometric

Step 1: Repeat step 1 from above.

Step 2: Scroll down to the bottom of the page and click on “Take the Exams” in the header.

Step 3: Scroll to the bottom of the page, click Prometric and click Approved Test Centers.

Step 4: You will be redirected to the Prometric Page:

Step 5: You will find four options at the top of the screen:

  • ‘Schedule your test’: Select the date and day you want to take your exam.
  • “Locate A Test Center”: Select your search criteria, then click on the drop-down to find the test center.
  • ‘Reschedule/Cancel My Test’: If you want to reschedule the day of your examinations or use our ‘cancel my test’ option, this link is here for you.
  • ‘Confirm My Test’: This option will confirm that your test is on the chosen day and time.

PRINCE2® Syllabus

To best prepare for the PRINCE2® Foundation and PRINCE2® Practitioner certification examinations, we have created a course outline that you can use.

PRINCE2® Foundation Syllabus:

The PRINCE2® Foundation exam aims to test your knowledge of how Prince 2 methodologies work in a project and get you ready to be an informed member of a project management team.

You will need to show they have a proper understanding of the principles of the method and terms. They must be able to:

  • · Describe the purpose and main content of all roles, the seven principles, the seven themes, and the seven processes.
  • · Mention the types of management products to be included as input or output from the seven processes.
  • · State the purpose of the major management products and what makes them special
  • · Explain the relationship between multiple processes, deliverables, and the management dimensions of a project.

PRINCE2® Practitioner Syllabus

To become a qualified PRINCE2® practitioner, you should pass both the Practitioner level and the Professional level examinations.

This PRINCE2® certification tests your ability to understand and implement PRINCE2® in running and managing projects. You will need to show that you have what it takes to excel in qualifying for the Foundation certification. You will need to demonstrate that you can fine-tune PRINCE2® for any project.

  • · Elaborate on the principles, themes, and processes of PRINCE2® products that you might apply to a given project.
  • · Show your understanding of the inter-relationship between principles, themes, processes, and PRINCE2® products.
  • · Demonstrate your understanding of the principles, themes, and processes of PRINCE2®
  • · PRINCE2® can be fine-tuned to different project circumstances.

Difference Between PRINCE2® and PMP®

PRINCE2® and PMP® are popular, well-acclaimed certifications in project management. They address different aspects that make them worthy of consideration. It isn’t easy to know which one is the best choice for an individual.

Let’s look at the similarities between these two animals and compare them with each other.

Similarities:

  • · Both offer project management methods.
  • · The prime focus is to deliver projects on time and within budget.
  • · Both are popular around the world.
  • · To complete both certifications, proper training and evaluations are required.

Comparisons:

PRINCE2®PMP®
It is a methodology including processes and templates in details.It is based on PMBOK, which is not a methodology but a standard.
It is more applicable to the IT industry.It is a general knowledge base for project management and relevant to many industries.
It originated in the UK and is Widely accepted in Europe and Australia.It was born in the USA and is very popular in North America, the Middle East and Asia.
It has three levels: Foundation, Practitioner and Professional.It has only one level.
A Project Manager is a mediator between the project and the control board.A Project Manager is the one responsible for the outcome of the project.
Conclusion

At the end of this discussion, you will understand a lot more about PRINCE2® certification and what steps you need to take

You will need to take a training course to prepare for the examination, even if this point isn’t mentioned in the requirements. So, you will need to choose an accredited and certified training provider to help guide you throughout the certification process. 

Good luck with your ventures ahead!

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