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.
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:
- Continued Business Justification
- Learn from Experience
- Defined Roles and Responsibilities
- Manage by Stages
- Manage by Exception
- Focus on Products
- Tailor to Suit the Project