PRojects In Controlled Environments (more commonly known as PRINCE2) is the most widely practiced project management methodology, used in over 150 countries.

But what is PRINCE2 and why is it so popular? And more importantly, is it the right approach for your projects? These are tricky questions to answer without sifting through a long list of articles and complicated details, so we’ve saved you some Googling by collecting the essentials of PRINCE2 in one convenient spot.

Project Management has emerged as a discipline of high level decision making with the help of analogue and digital tools which would help augment the intuition of a Project Manager and his team for taking decisions in favour of the future of the project.

These decision making tools are general, they are based on common sense and are used in all the trades for backing up the decisions taken by the decision making authorities.

Time, cost and scope are the triple constraints of any project. Any variation in the stipulated value of these three constraints is bound to affect the project’s outcome. So, what a project manager should do in order to keep these three constraints in check? Should he be doing work around after the risks have happened or should he be planning for the risks through these decision making models?

Through decision making models we do not essentially plan for the risks, but we perform a reality check with what should be the step which shall be taken in response to a particular situation. This situation may account for positive or negative risks and for the risks we can deduce a risk response plan accordingly.

If your team experiences high-stress, anxiety, low morale, and burnout from continuous, fast-paced projects, you may wonder: what can I do to escape this situation? Before you go looking for a new job, know that all is not lost. As a leader and manager, there are steps you can take to fix the poor mental health of your team. These tips are based on advice from an extreme project management expert, and should help restore the health of your team.

But wait! Did you read our first post discussing the basics of the fast-paced, extreme project management, and how to decide if it’s right for your team? Go read it now and come back to this post when you’re ready to learn how to be a great leader for your extreme projects.