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Print What is PRINCE2? - PRINCE2 Definition


What is PRINCE2? - PRINCE2 Definition
Date Added: 4/15/2008
Updated: 20080419224300
Posted by:
 Francesco Tortora
 ftortorapmnetwork.it

Viewed: 10636 times

What is PRINCE2? - PRINCE2 Definition

PRINCE2 (PRojects IN Controlled Environments) is a process-based method for effective project management.

PRINCE2 is a de facto standard used extensively by the UK Government and is widely recognised and used in the private sector, both in the UK and internationally.

The method PRINCE2 is in the public domain, offering non-proprietorial best practice guidance on project management. PRINCE2 is a registered trademark of OGC.

The key features of PRINCE2 are:
  • Its focus on business justification
  • A defined organisation structure for the project management team
  • Its product-based planning approach
  • Its emphasis on dividing the project into manageable and controllable stages
  • Its flexibility to be applied at a level appropriate to the project.

PRINCE2 History

PRINCE was established in 1989 by CCTA (the Central Computer and Telecommunications Agency), since renamed the OGC (the Office of Government Commerce).

PRINCE was originally based on PROMPT, a project management method created by Simpact Systems Ltd in 1975. PROMPT was adopted by CCTA in 1979 as the standard to be used for all Government information system projects.

When PRINCE was launched in 1989, it effectively superseded PROMPT within Government projects. PRINCE remains in the public domain and copyright is retained by the Crown. PRINCE is a registered trademark of OGC.

PRINCE2 was published in 1996, having been contributed to by a consortium of some 150 European organisations.   


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