1. The PRINCE Update and the Future of Best Practice Cameron Stewart Head of PPM Product Development – AXELOS 11th October 2017

2. About AXELOS Founded in 2013
New for 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
Launched PRINCE Update in June

3. Something NEW!! Different and new and… The same (sort of!)
New for 2017
Different and new and…
The same (sort of!)

4. AND… MEMBERSHIP!

5. Membership and Badges
Current Practitioner certificate expiry dates remain valid until their expiry date
New process to remain current from launch of new PRINCE exams:
No re-registration exam (candidates do have option to simply retake the full exam)
New 3 year expiry date on certificate
New way to remain current with PRINCE2 through PRINCE2 membership programme

6. Transition summary
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

7. What next?

8. 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

9. Transition We’re in a transition phase People expect Value early
Value frequently
Feedback cycles and improvement
Constantly changing (improving) product
Continuity

10. Next 5 Years 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

11. And the Catch?
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?

12. The Challenge Prepare organisations for new working models
Agile delivery in controlled context
No one-size solution
Tailored
Structures
Governance
Process
Delivery

13. 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 a new era for Project Management?

14. Thanks for listening…any questions?
Come and visit us at the AXELOS stand:
Prize draw! – Guess the number of words in the PRINCE book and win a copy!
Pick up a free copy of the PRINCE2 Tailoring chapter
Ask the team any questions