Introduction to PRINCE2 Methodology

Quick Definition:

PRINCE2 (PRojects IN Controlled Environments) is a structured project management method and practitioner certification program. It emphasizes dividing projects into manageable and controllable stages.

PRINCE2 Methodology

The 7 Principles of PRINCE2

PRINCE2 is built on seven core principles that must be applied for a project to be considered a PRINCE2 project:

  1. Continued Business Justification
  2. Learn from Experience
  3. Defined Roles and Responsibilities
  4. Manage by Stages
  5. Manage by Exception
  6. Focus on Products
  7. Tailor to Suit the Project