PRINCE2 ( PRojects IN Controlled Environments 2nd version) is a project management method recognized by private and public organizations across the world as best practice project management. It is arguably becoming the worlds most popular project management approach with over 1 million people world wide having conducted PRINCE2 project management training and certification.
It describes the management processes that must be applied to effectively control a project and sequences the management activities needed to effectively execute the start, middle and end of a project. The method is suitable for all types of projects and flexible for projects of different sizes. One of the key benefits of PRINCE2 is that it describes in detail the responsibilities of each project team member during the project’s lifecycle. View our FAQ’s to read about the history of PRINCE2.
The PRINCE2 model comprises of 4 core elements: management Principles, Processes, Themes and the Project Environment.
The 7 Principles on which PRINCE2 is based on:
Below is a high level overview of the management Processes. Directing a Project describes the decision making responsibilities of senior management, referred to as the Project Board. Managing Product Delivery defines the interfaces between team members and the Project Manager during product development. The remaining Processes predominantly describe the Project Manager’s responsibilities and control activities throughout the life of a project.
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