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 What is PRINCE2? | PM Tools - PM Tools

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What is PRINCE2?

PRINCE2 is the abbreviation of PRojects IN Controlled Environment. But I dont know what the number "2" stands for. I am introduced to PRINCE2 very recently as I am in UK and managing projects for UK based clients. PRINCE2 is based on customer-supplier model.

PRINCE2 is a project methodology which is more generic in nature and it is applicable across geography, culture of the people. PRINCE2 can be easily tailored to your project environment and it is encouraged by the APMG too.

PRINCE2 is a framework of project execution and it contains (a) PRINCIPLES (b) THEMES and (c) PROCESSES

In my future articles, I shall my experience/knowledge about each of one of them in detail.

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