PRINCE2® 6th Edition Foundation eLearning - $640 (with exam)

Learning Objectives

This module is designed to welcome students to the PRINCE2 6th Edition Foundation course. It includes a navigation video, as well as a course breakdown and lesson plan. Students will also come to understand exactly who can benefit from this course, as well as PRINCE2 in general.

Introduction to PRINCE2
Breakdown of the course
Lesson plan
Benefits of this course
Benefits of PRINCE2

Learning Objectives

The purpose of this module is to help students understand the features and benefits of PRINCE2.

By the end of the module, students should be able to recall the integrated elements of PRINCE2, including:

Principles
Themes
Processes
The Project Environment

Learning Objectives

This module goes into detail on the key concepts of PRINCE2. By the end of the module, students should be able to recall:

The definitions and characteristics of a 'project'
The 6 aspects of project performance to be managed
What makes a project a 'PRINCE2 project'

Students should also be able to describe the customer/supplier context on which PRINCE2 is based, including which considerations to take into account when undertaking projects in a commercial environment.

Learning Objectives

This module looks at the seven ‘Principles’ of PRINCE2. These include:

Continued Business Justification
Learn from Experience
Defined Roles and Responsibilities
Manage by Stages
Manage by Exception
Focus on Products
Tailor to Suit the Project

By the end of the module, students should be able to recall and explain the purpose of each Principle.

Learning Objectives

This module looks at the seven ‘Processes’ of PRINCE2. By the end of the module, students should be able to explain the purpose, objectives and context of each Process, including:

Starting up a Project (including the purpose of the 'project brief')
Directing a Project (including the purpose of the 'project initiation documentation (PID)')
Initiating a Project
Controlling a Stage
Managing Product Delivery
Managing a Stage Boundary
Closing a Project

Learning Objectives

This module is all about understanding the ‘Themes’ of PRINCE2 and how they are applied throughout a project.

Business Case - Students will be able to explain the purpose of the 'Business Case' Theme, including businesses cases and the benefits management approach. They should also be capable of describing PRINCE2’s minimum requirements for applying the Business Case Theme.

Finally, they will be able to define the key concepts related to business justification, as well as the differences between them, including:

Outputs
Outcomes
Benefits
Dis-benefits

Organization - Students will come to understand the purpose of the 'Organization' Theme, as well as the communication management approach. By the end of the section, students should be able to describe what PRINCE2 requires, as a minimum, for applying the Organization Theme.

They will also know the roles and responsibilities for the Theme (some of which may be combined), including:

Project board
Executive
Senior user
Senior supplier
Project assurance
Change authority
Project manager
Team manager
Project support

Finally, students should be able to explain the key concepts related to the Organization Theme, including the Stakeholder and the three ‘Project Interests’ (and how they are represented within the four levels of management).

Quality - Students will be able to explain the purpose and contents of the 'Quality' Theme, including:

The product description
The project product description
The quality management approach
The quality register

By the end of the section, students will be able to describe PRINCE2’s minimum requirements for applying the Quality Theme. They will also be capable of explaining the key concepts related to Quality, along with the differences between them:

Quality planning and quality control
Project assurance and quality assurance
Customer quality expectations and acceptance criteria

Plans - Students will be able to explain the purpose and contents of the 'Plans' Theme, including:

The project plan
The stage plan
The exception plan
The team plan

By the end of this section, students should be able to describe PRINCE2’s minimum requirements for applying the Plans Theme. Students will also be able to recall the steps described in the recommended approaches for planning, defining and analyzing products. Finally, students should be able to explain which factors to consider when structuring a project into management stages.

Risk - Students will be able to explain the purpose and contents of the ‘Risk’ Theme, as well as:

A risk budget
The risk management approach
A risk register

By the end of this section, students will be able to describe PRINCE2’s minimum requirements for applying the Theme, as well as PRINCE2’s recommended risk management procedure. They will also be able to define the key concepts related to Risk, as well as the differences between them:

Risks as ‘Threats’ or ‘Opportunities’
Recommended risk response types
Risk owners
Risk actionees
Causes, events and effects
Risk probability
Risk impact
Risk proximity

Change - Students will learn to explain the purpose of the 'Change' Theme, including the purpose of:

Change budget
Change control approach
Configuration item record
Issue register
Issue report
Product status account

By the end of the section, students will be able to describe PRINCE2’s minimum requirements for applying the Change Theme. They will also be able to describe the types of issues associated with the Theme, as well as the recommended issue and change control procedure.

Progress - Students will be able to explain the purpose of the ‘Progress’ Theme, as well as:

The daily log
Lessons log
Lessons report
Work package
End-stage report
End project report
Checkpoint report
Highlight report
Exception report

By the end of the section, students will be able to describe PRINCE2’s minimum requirements for applying the Progress Theme. They will also be able to explain key concepts relating to Progress, including:

Event-driven and time-driven controls
Tolerances and exceptions (including how tolerances are set and exceptions are reported)

Learning Objectives

This module looks at the PRINCE2 practice of ‘Tailoring’. Students will learn about:

Which aspects of a project can be tailored
Who is responsible
How tailoring decisions are documented

Learning Objectives

Here, we offer students the chance to put into practice what they have learned so far on managing successful projects with PRINCE2. These practice exams are designed to simulate the official PRINCE2 6th Edition Foundation examination. They also outline the rationale behind correct answers and how they relate to the key points covered in the course.

When you feel you are ready to sit the exam, simply contact Good e-Learning to request your FREE exam voucher.

PRINCE2 is a project management methodology owned by AXELOS. It offers a best practice framework, helping managers ensure that projects are completed on time and within budget.

PRINCE2 projects have defined lifecycles and business products, corresponding activities which can achieve them, a specified amount of resources and an organizational structure with strictly defined responsibilities.

At the heart of every PRINCE2 project lies the 'business case', which must show that the benefits of the project are worth the effort and expenditure.

According to Payscale, certified PRINCE2 users can earn between $53,000 and over $217,000 (or £26,000 and £107,000). Salaries depend on each candidate's role, level of experience, and location.

PRINCE2 offers proven best practices for project management. Users can enjoy greater control, clarity, and focus, with improved stakeholder representation and risk management.

PRINCE2 also relies on the 'business case' of a project throughout, to ensure that the project remains viable.

The PRINCE2 Foundation exam is closed-book. It features 60 multiple-choice questions and lasts 60 minutes. The pass mark is 55%.

After passing this exam, a student can then move on to the PRINCE2 Practitioner exam. This is an objective testing exam featuring 68 multiple-choice questions. The exam is open-book, lasts 150 minutes, and has a pass mark of 55%.

With project management being such an essential element of modern business, PRINCE2 can be used by virtually any organization in any industry. It is also extremely useful for both experienced and prospective project managers.

Students start with PRINCE2 Foundation. Passing this allows them to move on to PRINCE2 Practitioner. PRINCE2 Agile qualifications can also serve as prerequisites for PRINCE2 exams, and vice versa.

AXELOS is a joint venture company that offers a number of best practice frameworks, including PRINCE2, PRINCE2 Agile, MSP, ITIL 4, and AgileSHIFT

PRINCE2 can be used with a number of other frameworks. It was recently used to create 'PRINCE2 Agile', and can also complement MSP and ITIL 4.