Summary on PRINCE2

 Provides a complete step-by-step methodology on how to set-up and run a project

 Guidance on Pre-project activities and Post project activities
 Emphasis on Business Case and Benefits
 Management by Exception
 Detailed description of responsibilities of the project management team
 Description / Templates of project management products
 Offers the depth in project management practices
 Knowledge is organized around Principles, Processes, Themes & Governance
 Tailoring guidelines
 Emphasis on Business case and Benefits
 Managed by Stages i.e. only one stage is committed at a time
 Focus on Products
 Detailed description on developing project plans
 Trainings and Exams are over in 5 days
 Specialist aspects are not covered
 Detailed techniques not provided to plan and carry out project management activities
 Leadership and People management skills are not coded in the method
 No flexibility offered on adapting the best practices as it is more sort of a method
 Not much emphasis on guidance or development Project Manager's Skill sets

Summary on PMBOK

 Provides the all round guidance on project management

 Lists the tools and techniques that can be used in a specific process
 Guidance organized by Process groups & Knowledge areas
 Knowledge on specific aspects of the project such as Contract management, Quality management
 Provides guidance on leadership, motivational skills and other interpersonal skills
 Guidance on Reporting techniques such as Earned Value Management for effective reporting
 Guidance on the professional code of conduct of a project manager
 No guidance on project management team responsibilities
 No guidance on tailoring
 Not much details on how exactly to proceed / step by step approach
 Whilst outputs for every process are described the guidance on their contents is not provided
 No knowledge covered on the post project activity of ensuring the project was successful from benefits point of
view
 Not enough details on the contents of plan and how they should be developed at varying levels of detail and by
whom

Conclusion
PMP & PRINCE2 are both recognized and respected across the world. Doing PMP helps in developing the
project management skills whereas PRINCE2 helps in understanding more from the project point of view.
Whilst PMP is recognized more in the US and US dominant countries, PRINCE2 is recognized in the
British and their influenced countries. Having both definitely compliments and improves the marketability
of a project manager!

Knowledge & Guidance

Criteria PMP® PRINCE2®
Recognition Worldwide Worldwide
Popularity North America, UK, Western Europe, Australia

Reference Book
What is it?
Architecture
Differentiator
Defined Responsibilities
Techniques
Scalable
People Management
Contract Management
Templates & Contents of the
Project Management
Deliverables
Direction & Guidance from the Some guidance in the
Sponsors / Management
Tailoring Guidelines
Specialist Aspects such as
Requirements Gathering,
Costing, Reporting, Quality
Techniques
Pre-Project
Post-Project
Canada, Asia
PMBOK PRINCE2 Manual
A Best Practice A methodology that defines the step-
Guidance that can be by-step approach on managing projects
tailored and modified
5 Process Groups 7 Principles
9 Knowledge Areas 7 Processes
42 processes 7 Themes
Input / Tool / Output Guidance on Tailoring
for each process Templates
Roles & Responsibilities
Descriptive Prescriptive
Only for the Project For the entire Project Management
Manager Team including Executive, Assurance,
Team Managers, Project Manager,
Supplier, User, Support
Described what Techniques are left to the users to
techniques can be used decide
and when
Yes Yes
Yes,  Guidance on No, Left to the User
Managing Project Team
Yes, Guidance on What Not covered
Contracts are good for
which type of projects
No Yes, Templates are provided
One entire process is dedicated to
beginning in the form Direction and Ad-hoc guidance and
of Project Charter approvals – Directing a Project
Not provided Provided in the Manual
Covered Not Covered
Techniques on Project Detailed description on how to start up
Selection a Project in a controlled way before
committing to it
No such guidance Creates the Benefits Review Plan

Accreditation
Criteria PMP® PRINCE2®
Governing Body PMI, USA APMG, UK
Authorised Training R.E.P. ATO
Organization
Accredited Trainer No Yes
Entry Level CAPM PRINCE2 Foundation
Qualification
Expert Qualification PMP PRINCE2 Practitioner
Eligibility – Entry Level 23 hours of Contact  Training None
1500 hours of experience
Eligibility – Expert Level 35 hours of Contact Training None – although Experience is
4500 hours of Project Recommended
Management Experience
Prerequisites PMI application approval Foundation certified
Open Book No Yes
Exam Format Online – Computer based Paper based
Exam Conducted By Prometric ATO on the last day of Training
Duration 4 hours 2.5 hours
Pattern Multiple Choice Objective Type Multiple Choice Objective Type
Number of Questions 200 Foundation 75
Practitioner 9
Passing Percentage 62.5% Practitioner 55%
Foundation 50%
Result Declaration Immediate Foundation Immediate
Practitioner approx 4 weeks
Re-Certification 60 PDU’s in 3 years Re-exam after 5 years
Official Information PMP Handbook PRINCE2 Qualifications Scheme
Official Exam Reference PMBOK Edition Four Managing Successful Projects PRINCE2
2009 Edition
Official Website www.pmi.org www.apmgroup.co.uk