on Company “X”
ADVISORY ARTICLE
By Irina Poghosyan
London, UK
Introduction
This paper dives into the dynamic synergy between PRINCE2 Agile and agile project management principles, offering a comprehensive exploration of their integration within the unique operational context of Company “X.” PRINCE2 Agile, recognised for its adaptability to diverse project scenarios, regardless of their size, complexity, or industry, is at the heart of this investigation. The primary objective is to separate how Company “X” effectively implements PRINCE2 Agile principles and to critically assess the suitability of this framework within their specific organisational environment.
In essence, this paper seeks to understand the extent to which PRINCE2 Agile can be tailored to meet the distinct needs of an organisation operating within the constraints of small project teams, minimal managerial hierarchy, and a fast-paced, ever-evolving business landscape. By scrutinising the practical application of PRINCE2 Agile principles within Company “X,” this paper aims to provide insights into the framework’s adaptability and effectiveness in addressing the challenges and opportunities unique to this organisational context.
Company “X”
Company “X” is a London-based data analytics and business intelligence company that specialises in providing data-driven solutions to businesses across various industries. With a team of skilled data scientists, analysts, and technology experts, Company “X” leverages cutting-edge technology and advanced analytics to help organisations make informed decisions, optimise operations, and drive growth.
The company offers a wide range of services, including data collection, data cleaning, data modelling, and data visualisation. They assist clients in transforming raw data into actionable insights, enabling them to identify trends, uncover opportunities, and mitigate risks effectively.
As a trusted partner for businesses seeking to harness the power of data, Company “X” is dedicated to delivering high-quality, customised data analytics services that contribute to enhanced decision-making and overall success.
Methodology
PRINCE2 Agile is a flexible project management framework that can be adapted to any project, regardless of size, complexity, or industry. It provides a set of principles and processes that can be tailored to meet the specific needs of the project team and the organisation.
To configure PRINCE2 Agile for agile projects, it is important to focus on the principles of flexibility, collaboration, and continuous improvement. The framework should be used to provide a basic structure for the project, but it should not be so rigid that it stifles innovation and creativity.
PRINCE2 Agile is not a traditional project management approach. It is designed to support a variety of working styles, including agile environments that emphasise informality, collaboration, and trust.
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How to cite this article: Poghosyan, I. (2022). PRINCE2 Agile® and its Practical Implementation on Company “X”, PM World Journal, Vol. XII, Issue XI, November. Available online at https://pmworldlibrary.net/wp-content/uploads/2023/11/pmwj135-Nov2023-Poghosyan-Prince2-Agile-and-its-practical-implementation-on-company-X.pdf
About the Author
Irina Poghosyan
London, UK
Irina Poghosyan is a Prince2 Agile certified project manager, currently serving as a Senior Project Manager at GrapeData, a prominent data analytics firm in London, England. For over 2 years she has demonstrated leadership and project management skills at this firm, her dedication and expertise have contributed significantly to the success of the company.
Her commitment to personal and professional growth is evident in her educational achievements. Irina holds a Master’s degree (MSc) with Distinction in International Business and Management from the University of Westminster, where she received the prestigious Gold Westminster Award. Her academic journey began at the American University of Armenia, where she earned a BA in Business Administration and earned Best Capstone Performance Award for handling the business simulation with exceptional results.
Irina is not only a skilled project manager but also fluent in multiple languages, including English, Armenian, French, and Russian. In addition to her professional achievements, Irina has several publications to her name. Her research includes topics such as the world economic crisis, debt burden analysis, and the implementation of corporate social responsibility policies.
Irina can be contacted at theirinapoghosian@gmail.com
