PRINCE2 (Projects in Controlled Environments) is an internationally recognised and widely used project management methodology. It was developed with contributions from more than 150 companies with extensive project management experience and has become the most widely used project management methodology in Europe.

PRINCE2 is built on seven principles, comprises seven processes and describes seven themes. Because PRINCE2 can, and indeed must, be tailored to the project's environment, it is essential to understand the principles that form the backbone of the methodology.

Documents can be combined, simplified or omitted. Processes can be significantly simplified, and each offers different ways of being applied depending on the size of the project. The principles remain unchanged, however, ensuring that the project is a PRINCE2 project: a project in a controlled environment.

Another key strength of PRINCE2 is the guidance it provides not only for processes but also for documents. While allowing room for tailoring, PRINCE2 guides the project manager through all key activities, from the project mandate that initiates the project to project closure approval by the project board.

Unlike PMBOK, PRINCE2 provides a clearly defined process for how the project board operates. Authority and responsibility for project delivery are explicitly divided between the project manager and the project board. PRINCE2 places overall accountability for the project with the project sponsor who chairs the board, rather than with the project manager alone. This division establishes clear order within the methodology and sets out the rules, particularly for less experienced project managers.
Once the project has been planned and the business case prepared to justify the project or investment, the project board approves the start of the next stage. Dividing the project into clear stages enables responsible managers to identify problems early and intervene. In PRINCE2 projects, management should therefore not discover too late that a major budget overrun or significant schedule delay has become unavoidable.

We Help You:

  • Tailor the PRINCE2 project methodology to your business
  • Integrate the methodology into your company's standard processes
  • Define the mandatory documents required for project management
  • Arrange training for project managers
  • Coach your project managers in managing projects

Processes

1

Starting Up a Project

In the first stage, we carefully plan the project and define its objectives to give it a successful start.

2

Project Setup

We help establish a clear project structure, define responsibilities and create effective communication channels for successful project management.

3

Directing a Project

We provide strategic direction and oversight to help achieve project objectives and monitor progress.

4

Controlling a Stage

We regularly monitor and assess progress through project stages to maintain schedule and budget targets and take any necessary corrective action.

5

Managing Product Delivery

We manage and coordinate product delivery effectively to achieve a high-quality result and meet customer expectations.

6

Managing a Stage Boundary

We ensure smooth transitions between project stages to minimise risk and maintain continuity.

7

Project Closure

We carefully plan and carry out project closure, including verifying that objectives have been met and handing over results to the customer.