In an effort to reduce the deficit, the UK Treasury has suspended and/or cancelled projects that they deemed not to reflect the Coalition Government’s new priorities. In June 2010 the government cancelled or froze £10.5bn worth of projects that had been announced in the dying days of the Labour government.
Such cuts should mean less training, however, more emphasis is to be put on the continuing use of the PRojects IN Controlled Environments or PRINCE2. PRINCE2 project management method is a process-driven project management method, developed by Office of Government Commerce (OGC). So although the government plans to cut project spending it seems they will approach this by increasing their investment in Prince2 Training to ensure there are fewer cost overruns in future.
Managing Successful Programmes (MSP) is a structured yet flexible framework more recently developed for the Public Sector by OCR. Currently where so-called controlled environments such as information and communications technology are involved or complex business systems then the use of PRINCE2 methodology is mandatory for programme and project management in the Public Sector.
PRINCE2 allows you to manage and control all the activities involved in managing a programme through providing advice on organisation, processes, communication and ways of thinking. There is a close link between MSP and PRINCE2. It would appear that there will also be an increase in MSP training spending.
The Treasury’s reasoning behind the continued support PRINCE2 training and MSP training is it should mean that fewer mistakes will be made, ultimately saving money and effort.
PRINCE2 is not just for government bodies; the advantage of PRINCE2 is that it is a simple to follow project management method covering how to organise, manage and control any project, whether it is public or private sector. PRINCE2 has become a universal best practice model and a de facto standard for project management. The Treasury is encouraging devolved administrations to adopt this technique and approach on an even more widespread basis.