A definition of PRINCE2
PRINCE2 is a de facto process-based method for effective project management, owned by AXELOS and used extensively by the UK Government and recognized by organizations globally.
PRINCE2 (an acronym for Projects IN Controlled Environments) is a process-driven method for effective project management. Owned by AXELOS, it includes quality management, control and organization of a project with consistency and review to align with project objectives. PRINCE2 is widely recognized and used in the private sector, both in the UK and internationally.
PRINCE2 is in the public domain, and offers non-proprietorial best practice guidance on project management. The method is based on seven principles – continued business justification, manage by exception, learn from experience, defined roles and responsibilities, manage by stages, focus on products and finally, tailoring.
It also has seven principles – business case, organization, quality, plans, risk, change and progress. Ultimately, the principles and themes manifest themselves in these seven processes – starting up a project, initiating a project, directing a project, controlling a stage, managing product delivery, managing stage boundaries and closing a project.
Key features of PRINCE2 include:
PRINCE2 addresses only high-level aspects of project management and leaves the choice of management tools and frameworks within its tasks to the task managers.
Processes, inputs, outputs and roles from PRINCE2 are built into the iServer repository for guidance and best practice reference.
Learn how PRINCE2 can help you optimize and improve your project management.
Download the flyer
Download the flyer to find out more about using iServer for business transformation and see the value it can deliver to you.Download Now
Find your iServer Solution
See how the iServer can deliver on your business strategy and meaningful business change with a free demonstration with a trained consultant.Book Now
If you have any questions or want to find out more about iServer solutions, get in touch and we will answer any queries you have.Get in touch
Microsoft®, Visio® and Office® are all registered trademarks of Microsoft Corporation. The Open Group®, ArchiMate®, TOGAF® are registered trademarks of The Open Group. IT4IT™ is a trademark of The Open Group. ITIL® and PRINCE® are registered trademarks of AXELOS Limited. The Swirl Logo™ is a trade mark of AXELOS Limited. Copyright © AXELOS Limited 2016 All rights reserved. Material is reproduced under license from AXELOS. COBIT® is a registered trademark of ISACA and the IT Governance Institute, and material is reproduced under license from ISACA.