If you’re here, you already know a little bit about PRINCE®2 qualification. But if you don’t, I'll tell you about it in brief. PRINCE® 2 stands for PRojects IN Controlled Environments. Many recognise it as a well-known project management methodology.
Just like we humans change and evolve through different phases of our lives, but the core is still you, Similarly, PRINCE®2 has evolved to it’s 7th edition, but the core is still PRINCE®2. It has new additions to it to adapt better for the requirements of the current world.
First, let’s dive into what are the new additions in this version.
- Names from the 90s are no longer trendy.
- The names and certain terms have been updated to fit the current era for better understanding. No one likes to have granny names now, do we?
- Exam changes
- The number of questions is slightly lesser
- The pass mark has been lifted to 60%
- A new component called ‘People’ has been added
- New practices have been added like Business case, quality and risks
- Managing changes is a highlighted concept
- New management approaches have been added like,
- Data & Digital Management
- Commercial Management
- Sustainability Management
So that’s all the changes in PRINCE®2 7th edition compared to the previous versions.
Now, let me tell you something. These are some incredible benefits PRINCE® 2 Qualification will have on your carrier (maybe even your life)
The career boost you gain through PRINCE®2 Qualification, 7th Edition
1. Flexibility for any industry
When PRINCE2 was created, It was mainly for IT projects. It was born to keep government and tech projects neat and orderly.
Like that nerdy kid at school that turned out to be a popular, cool YouTuber as an adult, PRINCE 2 has evolved.
Now, it’s not just for IT and the public sector. Finance? Yeah. Construction? Absolutely. Healthcare? 100%. Even the film making people use PRINCE2.
So having PRINCE2 Qualification in your CV is like having a universal adapter in your back pocket. Wherever you go, whatever industry you land in, you’ll stand out. You’re not pigeonholing yourself into one market or path.
2. Improve your Leadership and Team Management skillsImagine this. You decide to go o a road trip with 2 siblings fighting i the backseat of your car. Well, that’s going to be one heck of a ride and a terrible trip.
Just like that, no project succeeds with charts and perfect timelines. They succeed because of people. This is where leadership comes in.
Only a good leader can manage teams, resolve conflicts and adapt to changes smoothly to bring in results, which is exactly why the PEOPLE component has been added into the latest edition.
When you learn these skills, you’re not just managing projects anymore, you're bringing the best out of an entire team.
Strong leadership can turn you up for higher positions in your future, making this a valuable investment.
Emotional Intelligence is the ability to understand and respond to emotions intelligently. This part is mostly overlooked when it comes to jobs.
Communication, negotiation, resolving problems, everything are skills gained through emotional intelligence.
These qualities will make you a perfect candidate. Not only that, it will also make you a perfect candidate for higher posts within the firm.
After all, every organisation need the glue to keep everything together.
4. Skills to make stakeholders feel engagedImagine walking into a party and feeling like you don’t belong there? Sucks rights? Imagine a close relative, not including you on their birthday party. This can be very disappointing.
It’s the same with stakeholders (people who have interest or influence your projects such as investors, etc). They often feel left out or left in the dark when it comes to projects.
You’ll learn how to make them feel involved to make the process a pleasant one for the stakeholders as well.
The higher you go in your career, it’s less about doing tasks yourself. It’s more about people: getting them to agree, support and commit to your ideas.
5. Accept the life long learning mindsetIn a world that’s constantly changing, it’important that we keep improving and learning. It’s important now than ever to keep your knowledge and skills sharper and up to date with the trend than before.
This mindset shows employers that you’re not someone just with a few qualifications but , but also someone committed to personal learning and growth, which can be very handy for an organisation.
This can be a great opportunity for your career.
6. People all over the world know the value of PRINCE2Since, it’s known by everyone, no matter where you decide to work, this certification is going to have a long-lasting impact on your entire career.
If you’re planning to move to different country and start working there, the qualification can even give you an upper hand despite the inconvenience of your living in a different country from the employment.
7. Manage risks like a proSo what exactly is risk management? Why is it even important? If you look at any job description, it’s no secret that risk management is a skill employers openly look for.
I’ll explain what risk management is with an example.
When you say risk management with money, it literally refers to thinking about the different ways in which you can lose the money and taking steps to protect it.
Ex: If you keep all your money in one pocket, you might lose it if it gets stolen.
So how can you protect it? By putting it into a savings account or invest it in properties.
It’s basically,” What could go wrong with my money? And what can I do to keep it safe?
Risk management is an enhanced concept in the PRINCE2 7th edition. Therefore, you get the opportunity to learn in detail and in more depth on this.
Not having the knowledge and skills related to risk management can put you way behind in your career.
Breaking down all these less known facts about PRINCE2, I hope you’ve already got your certification. But if you don’t, what are you waiting for? Feel free to share the career changes or benefits you’ve seen after getting qualified.