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What Are The Commonalities and Differences Between PRINCE2 and PMBOK?

As the most common standards on the planet for the discipline of Project Management, what are the commonalities and differences between the Project Management Institute's "Project Management Body of Knowledge" (PMBOK) and the British government's "Projects in Controlled Environments" (PRINCE2)?

PRINCE2 is a series of Processes, Components and Techniques ideal for any size or subject of project. According with a, it describes exactly what a project manager should do PMP Exam. I would think that a PRINCE2 practitioner must possess knowledge to be able to execute on the specified actions! PRINCE2 is most prevalent in the UK, but has a comprehensive and growing worldwide following.

The PMBOK is an accumulation knowledge areas and process groups. According with a, it describes exactly what a Project Manager should know. I would think that, to be able to succeed, a task manager would make this knowledge actionable! The PMI has the greatest following - more than PRINCE2 - and is very much worldwide, although more prevalent in the Untied states.

It appears to be that a complete Project Manager needs to have understanding of both. It would also seem that PMPs (the Project Management Professional certification of the PMI) can earn PDUs by completing PRINCE2 Training. PRINCE2 practitioners do not want to perform very same of PDUs, but do need to take a re-certification exam every 5 years, and are encouraged to get into continuing project management informative data on pm4success.com site, which can be accessible simply to PRINCE2 practitioners.

There are a few thought-provoking studies on the market on the main topic of how PRINCE2 and PMBOK fit together. The are available at Advantage Learning, and after registering visit the Member Downloads page. There are 3 white papers comparing PRINCE2 and PMI / PMBOK available, including:

Implementing PRINCE2 in a PMBOK environment How PRINCE2 can complement PMBOK and your PMP The Getronics PRINCE2 - PMI / PMBOK Combination Case Study.

John Reiling, PMP

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