As the most common standards in the world 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 suitable for any size or subject of project. According to some, it describes what a project manager should do. I would think that a PRINCE2 practitioner must possess knowledge in order to execute on the specified actions! PRINCE2 is most prevalent in the UK, but does have an extensive and growing worldwide following.
The PMBOK is a collection of knowledge areas and process groups. According to some, it describes what a Project Manager should know. I would think that, in order to be effective, a project manager would make this knowledge actionable! The PMI has the largest following - more than PRINCE2 - and is very much worldwide, although more prevalent in the Untied States.
It would seem that a complete Project Manager should have knowledge 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 need to complete the equivalent of PDUs, but do need to take a re-certification exam every 5 years, and are encouraged to access continuing project management information on pm4success.com site, which is accessible only to PRINCE2 practitioners.
There are some thought-provoking studies out there on the topic of how PRINCE2 and PMBOK fit together. The can be found at Advantage Learning, and after registering go to 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
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John Reiling, PMP
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