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PRINCE2® Training Benefits for Businesses

The flexibility and relevance of the PRINCE2® methodology to such a large variety of industries and project types means it has many benefits for businesses. PRINCE2® ensures all employees are working towards the same objectives. This generates consensus and solidarity between team members, who adopt a common language and terminology, making certain that everyone is aware of their role and what they are accountable for. PRINCE2® also prioritizes completing projects on time and within budget, which is highly valuable for businesses as this can maximize profit. Additionally, PRINCE2® embeds the significance of being prepared for any complications that may arise, and the delivery of quality.

Further benefits of PRINCE2® for businesses include:

  • Implement a consistent, clear approach to project management
  • Gain full control over all stages of the project, from initiation to completion
  • Ensure that projects have a strong and continuous business case/justification, as this assists in reducing profit-absorbing processes and emphasizes project goals
  • Improve organizational capability across all areas of business
  • Improve communication by using a common project management language
  • Foster a culture of continuous improvement by learning from previous projects
  • PRINCE2® does not require additional software to function
  • PRINCE2® is a logical, consistent project management approach
  • Identify risks via Risk Management
  • Frequent reviews of the project to analyze progression and specify resource application

 

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