What is suitable for your project PMP, Prince2, or Agile.

What is suitable for your project PMP, Prince2, or Agile.

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Industrial Methodologies

All three have their own pros and cons which can be discussed here, To help you in evaluating what are the advantages and disadvantages of PMBOK vs PRINCE2 vs Agile and which of these procedures may work best in your individual circumstance, here is an outline of every one of these frameworks for general project management best practice.
PMBOK: PMBOK is brief for Project Management Body of knowledge. Users of this method realize that it's a lot of substantial frameworks for contract management, scope management and alternative aspects that arguably less sturdy in PRINCE2. However, several users of PMBOK realize that they're not entirely proud of the means this method limits higher cognitive process only to project managers, creating it tough for redeeming aspects of the management to alternative parties and senior managers. With PMBOK, the project manager will on the face of it become the first chief, planner, thinker, and human resource manager.
PRINCE2: Prince2 remains for Projects in a Controlled Environment and this is a project management program that offers a greater amount of the utilitarian and budgetary specialist with senior management not only the project manager. This program has an emphasis on supporting the project manager to direct ventures in the interest of organization senior management. On the master’s side, PRINCE2 gives a solitary standard way to deal with the management projects, which is the reason numerous legislature and worldwide organization lean toward this alternative. It is likewise supported in view of its usability, which makes it simple to learn, notwithstanding for those with restricted understanding. On the drawback, there are clients who feel that PRINCE2 misses the significance of "delicate abilities" that ought to be a concentration for a project manager.
Agile is a more particular program from PMBOK and PRINCE2. The Agile strategy is more adaptable, improving it ready to create expectations without the requirement for generous changes and revamping. Assignments can be separated into small stages and this considers generous risk lessening through prior assessment, testing, and analysis. The primary disadvantage of Agile is that in the event that it isn't completely gotten a handle on, the system could prompt unattainable desires.
Summary
In summary, a skilled project manager is one that can apply project management knowledge areas, for example, those of PMBOK with the aid of a structured methodology such as PRINCE2. A highly skilled project manager should also have the ‘know how’ to apply project management controls that are appropriate to the scale, complexity, and nature of the project.
 

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