The term tolerance in the Prince 2 project management method refers to the capacity or power for an organism to withstand unfavorable environmental conditions.
Prince2 is short for Projects in Controlled Environments. It is a method for managing projects effectively and safely. Prince2 certification is when the company certifies your project as safe and effective.
PRINCE2 Methodology ensures that a project will be completed on time and on budget. It is a method of organizing what needs to be done, how much it will cost, when the project will be started, who will work on it, and when it will be finished.
"To get Prince2 certification, you have to pass two different exams. The first one tests your ability to work within a PRINCE2 oriented project. The second one tests your ability to manage a PRINCE2 oriented project."
the method that you manage a project
Project Management Functions in Facility Owners' Environment: Organizational Diagnostics Project management is a method to ensure project be delivered on time. So the function of project manager is to execute (sometimes enforce) that methods. Like all managers it involves not only competency but soft skill.
Standard method of measurement (smm7) & project of international management
Project management is a method to ensure project be delivered on time. So the function of project manager is to execute (sometimes enforce) that methods. Like all managers it involves not only competency but soft skill. The Project Manager's functions include: Defining scope Evaluating Requirements Secure resources required for the project Manage conflicts etc...
There are many variations of project management that have been customized for different domains. Although the basic principles are the same among any of these variations, there are unique features present to address unique problems and conditions specific to each domain.There are two main types of project management:Traditional Project managementModern Project managementThe traditional project management uses orthodox methods and techniques in the management process. These methods and techniques have been evolved for decades and are applicable for most of the domains. But for some domains, such as software development, traditional project management is not a 100% fit.Therefore, there have been a few modern project management practices introduced to address the shortcomings of the traditional method. Agile and Scrum are two such modern project management methods.Definition for Traditional Project Management:PMBOK defines the traditional project management as 'a set of techniques and tools that can be applied to an activity that seeks an end product, outcomes or a service
There are several key differences between the agile approaches to team organization; this role is the soft skills of project management. Well, for more knowledge, I would suggest tryScrum where you can get the perfect agile coaching.
Advantage and disadvantage of project method
Douglas M. Reid has written: 'The problem of the Highlands' 'Project Management System (PMS) through the use of the Critical Path Method (CPM)' -- subject(s): Industrial project management, Critical path analysis, Programming (Electronic computers)
It is a method to monitor how much work is needed and has been preformed on a project. It measures the amount of work done compared to the cost.