PRINCE2 project management - what are the features and benefits of the 2017 update?

PRINCE2 (Projects IN Controlled Environments) has grown to become the most widely used project management methodology across sectors and throughout the world. With the release of the PRINCE2 2017 update, authored by Robert Buttrick, Phil Stanton and RSM Consulting Director, Nigel Bennett, your organisation may want to consider its improved features. These improved features may help lead to better success in the management and delivery of your projects.

What are the features and benefits of the 2017 update?

One of the key elements of PRINCE2 up until now has been is its versatile approach to projects, which has contributed to it becoming the most practised project management method in the world. It has been written in a way to apply it in organisations of any size, across all industries and sectors. The 2017 update reflects this in its approach to the project environment, specifically in how to tailor PRINCE2. Tailoring is no longer contained in its own section, but is now included as a running thread throughout each chapter.

One of the benefits of this is that the user can take a more consistent pragmatic stance to their project throughout its life, which is of course important because no two projects are ever alike. This allows it to nest inside an organisation and work seamlessly with any industry specific work. By describing the work that needs to be completed, but not prescribing an ‘everything but the kitchen sink’ approach, PRINCE2 avoids the pitfalls of other project management techniques that make projects appear paper intensive and bureaucratic. The benefits of this can potentially be found in both operational and strategic areas, such as having improved buy in from the project team and stakeholders, both internal and external.

PRINCE2’s flexible and widely tailorable approach to project management also allows it to be employed in a variety of industries with hugely different needs, from large scale construction to innovative software solutions. Through its use of management stages, the updated PRINCE2 can work in a traditional waterfall approach to managing projects, however, it is configurable with many development approaches. In a more dynamic project, it works well with an agile approach too, allowing you to have strong project governance with the flexibility to adapt to change when needed.

Now in the public sector thanks to its constant evolution, PRINCE2 has enabled a generation of project management teams to work together to deliver successful projects.

Act today; shape tomorrow.

For further information on how RSM can help you with your projects and programmes or on the features and benefits of PRINCE2 2017, please contact Nigel Bennett.