Understanding “Prince2” Project Management Methodology in 3 minutes

Here is everything you need to know about the outlines of “Prince2”.

• stands for “PRojects IN Controlled Environments”
• de facto standard project management method in UK and in Europe
• used internationally in over 150 countries
• a governance for project management
• can be applied to any project
• process driven project management methodology
• focus on business justification
• product-based planning approach
• benefits not only PMs, but also directors/executives, team members and other stakeholders involved in projects
• widely used around the globe to service as the common and consistent language on the project management arena
• supported by a worldwide network of examination institutions and accredited training organizations
• 7 principles
• 7 themes
• 7 processes
• tailoring to create their own project management method
• can be used alongside with engineering models, agile software development methods and specific techniques
• has continued business justification
• learns from experiences: lessons are sought,  recorded and acted upon throughout the life of the project
•  has roles and responsibilities representing the business, user and supplier interests
• planned, monitored and controlled on a stage-by-stage basis
• has 3 levels of plans – project plan, stage plan and team plan
• define responsibilities for directing, managing and delivering the project
• define tolerances, establish limits of delegated authority then manage by exception
• focuses on the definition and delivery of products, particularly on their quality requirements
• has 2 types of products: management products and specialist products
• 26 management products
• tailored to suit the project environment, size, complexity, importance, team capability and risk
• 2 official manuals: Prince2 and Prince2 AGILE
• 2 levels of certification on each arena: Foundation & Practitioner and Agile Foundation & Agile Practitioner
• Prince2 can be used alongside with PMBOK: Prince2 is a methodology while PMBOK is a standard so that they can complement each other

A nice YouTube video explaining Prince2  in 101 seconds here: “Prince2 in 100 Seconds”

Here is the latest Prince2 manual released in 2017 if you want to know more about Prince2. Details about the manual as follows:

• “Managing Successful Projects with Prince2”
• 2017 Edition
• Published by TSO
• Copyright @ AXELOS Limited 2017
• 405 pages
• 7 principles, 7 themes, 7 processes and tailoring
• 26 management products
• Roles and responsibilities
• Product based planning examples
• Health check
• Glossary

Managing Successful Projects With Prince2 2017 新品価格 ￥11,125から (2018/9/22 19:20時点)