The PRINCE2 2017 Update and

the Future of Best Practice

Cameron StewartAXELOS Head of PPM Product Development

12th June 2017

• Founded in 2013

• Well over 2 Million

Practitioners qualified across

180 countries

• Launched PRINCE2 Agile &

RESILIA in June 2015

• Launched AXELOS Professional

Development in September

2015

• Launched ITIL Practitioner in

February 2016

• Launching PRINCE2 2017

Update this year

About AXELOS

• Different and new and…

• The same (sort of!)

• Win a copy – see Tom at our

stand

• Pick up a free PRINCE2

pocketbook

Something NEW!!

AND…

MEMBERSHIP!

• Current Practitioner certificate

expiry dates remain valid until

their expiry date

• New process to remain current

from launch of new PRINCE2

2017 exams:

o No re-registration exam

(candidates do have option to

simply retake the full exam)

o New 3 year expiry date on

certificate

o New way to remain current with

PRINCE2 through PRINCE2

membership programme

Membership and Badges

• Current/2009 certifications will

remain valid for 5 years

• Dutch, German, Polish, French,

Danish, Norwegian & Italian to

launch in Q1 2018

• July 2017 to end 2017 – both

existing and updated (EN)

examinations available

• January 2018 – exams in English

will be based on the update,

non-English still on 2009

Transition to the updated PRINCE2

Transition summary

AXELOS PPM

RESEARCH

Today’s Project Manager

The Strategic Project Manager

90%of project managers

agree that they need a

much stronger strategic

vision that aligns with the

goals of the business

Project managers as agents of

change

90%of project managers

believe ongoing training

will be vital to keeping

with the pace of change

The importance of the ‘human

factor’

57%believe artificial

intelligence and machine

learning will have a

profound impact on

project management

Why Target Increased PPM Maturity?

10

14

31

28

17

A little disorganized, with no clear or

consistent processes in place

Some very basic processes in place,

but no monitoring or evaluation

Some established processes in place,

but no monoitoring or evaluation

Established processes in palce, with

routine monitoring and evaluation

Established processes in place, with

ongoing improvements and

innovations introduced, based on

feedback from monitoring and control

Rate your PPM maturity (% responses)

No monitoring or

evaluation of

projects

And when we look at

project failure…less

mature organizations

are…

60%more likely to

experience project

failure than mature

ones

The Challenges You Face

Over ambitious

timeframes

Changing project brief/expectations

Poor communication

And What About Agile?

Individual value placed on agile is

28.1%higher than the perceived

organizational appetite to adopt it

WHAT NEXT?

The story so far…

• People want a product

• They engage a team to deliver the product

• The project is delivered

• The product is used

• The product is decommissioned / replaced / scrapped

• We’re in a transition phase

• People expect

– Value early

– Value frequently

– Feedback cycles and improvement

– Constantly changing (improving) product

– Continuity

Transition

• Project management becomes more Agile

• For more products, NO PROJECT… instead BAU

delivery

• Seamless blend

– First delivery

– MVP (Minimum Valuable Product)

– Beneficial use

– End-of-life

• More likely to benefit users, but sacrificing

predictability

Next 5 Years

Flow

Idea Plan, Specify, Build and Deliver Use EOL

Idea SPD SPD SPD SPD SPD EOL

MVP

Today

Future

• Control and governance are the foundations of corporate value

• If we can’t predict delivery of benefit– How do we run programmes? And portfolios?

– How do we build the strategic roadmap?

– How do investors value the organisation? (Or how do we reassure the public their money is spent wisely?)

– Are we ready to accept failure as part of success?

– How do we cope with not finishing until end-of-life?

• Can we run large organisations this way?

• Can we afford to not run large organisations this way?

And the Catch?

• Prepare organisations for new working models

• Agile delivery in controlled context

• Transform ways of working (industry calling this

DX)

• No one-size solution

• Tailored

– Structures

– Governance

– Process

– Delivery

The Challenge

Consider

• What have you bought in the last couple of years as “a

service” instead of “a product”?

• Can Corporate Governance and Control co-exist with

these new ways of working?

• Is this the beginning of the end of Project Management

as a profession?

www.AXELOS.com/PRINCE2-2017

Thanks for listening…any questions?

Come and visit us at the

AXELOS stand:• Win a copy of the new

manual• Pick up a free copy of

the new tailoring

chapter• Ask the team any

questions