A Summary of PRINCE2

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PRINCE, stands for Projects in Controlled Environments and is a project management method covering the organisation, management and control of projects. PRINCE was first developed by the Central Computer and Telecommunications Agency (CCTA) in 1989 as a UK Government standard for IT project management.

PRINCE2 is the latest and a generic version of PRINCE and is suitable for the management of all types of projects

PRINCE2 is a structured method providing organisations with a standard approach to the management of projects. The method embodies proven and established best-practice in project management. It is widely recognised and understood, and so provides a common language for all participants in the project.

PRINCE2 provides benefits to the organisation, as well as the managers and directors of the project, through the controllable use of resources and the ability to manage business and project risk more effectively.

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