PRINCE2™ does not claim to be as comprehensive as the PMBOK®. PRINCE2™ is based on the principles of the PMBOK®, as any project management methodology must be. PRINCE2™ extracts and focuses on the elements (“components”) which it identifies as being crucial to the successful assessment and completion of a project. It constructs a process to tie those elements together to reduce overall project risk, and provides techniques to support them. “The Guide to the PMBOK®” specifically calls on the practitioner to apply a project management methodology (as a tool/ technique), and PRINCE2™ provides one.
PRINCE2™ components and processes are consistent with the PMBOK®, but PRINCE2™ does not include all the knowledge areas and details specified in the PMBOK®. PRINCE2™ focuses on critical areas, so a project manager still may need to draw on the depth and range of the PMBOK® and other sources to complete some areas of project management work.The intention of PRINCE2™ is to organize and focus project management knowledge in a manner suitable for most project environments. It assumes that those learning and working with this methodology have a level of experience that enables them to fill in the details that PRINCE2™ omits. In PRINCE2™ the scale and content of its Processes, Components and Techniques should be adapted to the size and nature of the project.
Jay Siegelaub has over 30 years of professional experience delivering and supporting projects in information technology, insurance systems, banking, and nonprofit strategic planning, as well as in the pharmaceutical, financial service, consulting, and consumer products industries. As a recognized educator he has trained thousands of project managers over the past 23 years, including 13 years as the Project Management tutorial instructor for the Drug Information Association.
Jay’s recent responsibilities included leading the North American Change Management and Training practices for a UK-based management consulting firm, training corporate consulting professionals in project and program management, and supporting clients in managing the “people” issues of their business change initiatives. He has authored articles on training, project management and information technology for various publications, and often presents at conferences, including the PMI North American Congress (1999, and 2004 – 2007), ProjectWorld and ProjectSummit.
In addition to his PMP® certification, Jay has his MBA in Organization Management from New York University’s Stern School of Business, and is an accredited PRINCE2™ Practitioner, Instructor and Examiner. He has taught and consulted in PRINCE2™ in North America for 10 years (the first US-accredited PRINCE2™ instructor), and worked for the company (and with the authors) that wrote the PRINCE2™ Manual for the UK government.
He has provided Change Management and Project Management consulting and training (including PRINCE2) to companies such as Sun Microsystems, NATO, the United Nations Development Programme, Bechtel, IBM, Philip Morris, Credit Suisse, JPMorganChase and Diageo.
Jay also consults in Organizational and Professional Development.