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SpinDistribute.com Article Directory

The following article was published in our article directory on December 1, 2011.
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Measurable Benefits To Participating In PRINCE2 Training Courses

Article Category: Business Management

Author Name: Angelina Diamond

Those working in project management will be trying to find new tips on how to improve their efficiency and manage their resources, and for that reason their projects, in a more efficient manner. One of the tools they may use to achieve this is PRINCE2® - the process-based method for effective project management. It offers flexibility along with a product-based management approach, concentrating on dividing a project up into easily manageable areas, or stages.

In order to embed and tailor the PRINCE2 approach to the needs of both their organisation along with their projects, individuals will have to undertake PRINCE2 training - either at foundation or practitioner level based on their role in the project management process. However, training, just like project management itself, needs to be quantifiable and businesses must be able to justify spending the money on training programmes and resources.

Probably the most measurable advantage of PRINCE2 training courses is that qualified PRINCE2 managers have a greater prospect of success. It is suggested through data collected on project management benchmarking that certified project managers have around a 10% higher than average rate of success. So, businesses who train their staff within these areas should expect them to demonstrate more success in managing their projects.

Another measurable benefit is the fact that the individuals who have taken their PRINCE2 training actually earn more. Although this benefit might be more swayed for the individual instead of the company it is worth indicating that by being more productive and earning more for his or her successes, project managers are more likely to remain motivated and focussed when coping with future projects.

A handy way to measure the benefits of PRINCE2 training is by considering whether managers have been able to complete and deliver the required project outputs to the specified quality level, on budget, and in the given timescale. Though these benefits are only able to be measured once projects are complete, they are going to give a good sign of how successful employing PRINCE2 continues to be and the business should be willing to measure benefits in the short term and in the long term to determine the overall success of training.

PRINCE2® is a registered trade mark of the Cabinet Office.

Keywords: prince2 training,prince2 training courses

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