About Prince2

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  • Prince2 is a project management methodology

  • Prince2 is an acronym for Projects in Controlled Environments, version 2

  • The methodology encompasses the management, control and organisation of a project

  • Prince2 is a process-driven project management method

  • Prince2 contrasts with reactive/adaptive methods such as Agile, Scrum and RAD

  • Prince2 was developed by the UK government agency, Office of Government Commerce (OGC)

7 Principles of Prince2

  • Prince2 is based on seven principles
  1. Continued business justification
  2. Learn from experience
  3. Defined roles and responsibilities
  4. Manage by stages
  5. Manage by exception
  6. Focus on products and
  7. Tailor to suit the project environment

7 Themes of Prince2

  • Prince2 is based on seven themes
  1. Business case,
  2. Organisation,
  3. Quality,
  4. Plans,
  5. Risk,
  6. Change and
  7. Progress

7 Processes

  • Prince2 is based on seven processes

1 Starting Up a Project (SU)

  • the project team is appointed and
  • a project brief (outlining, what the project is attempting to achieve and the business justification).

2 Initiating a Project (IP)

  • planning quality;
  • planning a project;
  • refining the business case and risks;
  • setting up project controls;
  • setting up project files; and
  • assembling a Project Initiation Document.

3 Directing a Project (DP)

  • authorising initiation;
  • authorising a project;
  • authorising a stage or exception plan;
  • giving ad hoc direction; and
  • confirming closure.

4 Controlling a Stage (CS)

  • authorising work package;
  • assessing progress;
  • examining project issues;
  • reviewing stage status;
  • reporting highlights;
  • taking corrective action;
  • escalating project issues; and
  • receiving a completed work package.

5 Managing Stage Boundaries (SB)

  • planning a stage;
  • updating a project plan;
  • updating a project business case;
  • updating the risk register; and
  • reporting stage end.

6 Managing Product Delivery (MP)

  • accepting a work package,
  • executing a work package,
  • and delivering a work package

7 Closing a Project (CP).

  • decommissioning a project;
  • identifying follow-on actions; and
  • project evaluation review.