PRINCE2 will be made obsolete by social business, collaboration expert predicts

23.03.2012
Old project management qualifications like Prince2 will eventually die out due to the social business trend, collaboration tool provider Projectplace has predicted.

This is because traditional project management structures are somewhat rigid, where performance against targets are only measured after the fact, whereas the social way of working is flexible and more responsive to changes that naturally occur over a project lifetime, according to Johan Zetterstrom, CEO of Projectplace.

He said: "We think traditional project management qualifications like Prince2 will go away. We believe a project is something that you iterate, go back and change, iterate and change. It is not going to follow the old structures."

For such, 'social', projects to be successful, transparency is needed, Zetterstrom said: "[The key thing is] the ability to share and be open and transparent. You need to have all stakeholders be very transparent and [realise that] not all talent is within your company's firewalls."

Projectplace believes that organisations that do not adapt to the social business trend will struggle to find the talent and skills they need.

Graduates coming out of university and young people entering the job market today expect to have access to similar tools to Facebook, LinkedIn and Skype.