The PRINCE2® method is owned by the UK Government and can be used free of charge in the public domain.
PRINCE2® is simply a structured project management method designed for use on a wide range of projects, from a 'programme' of related large projects down to a single, small project.
Although the approach to managing a large, expensive, high-profile, business-critical project will be very different to that of managing a small, low-risk project, the PRINCE2® method is extremely flexible and can be tailored to suit projects of different size and complexity.
With its process model-driven approach to project management, the PRINCE2® method forms part of any organisation's progress towards achieving ISO9001:2000 accreditation.
Furthermore, PRINCE2® provides a clear break between where the project is managed and where its products are being delivered. The products may be delivered by external supplying companies which may be using their own project management approach. Thus, PRINCE2® comfortably allows this interface between project management methods whilst ensuring the 'customer' (or sponsoring) organisation uses the PRINCE2® process-driven project management method.
PRINCE2® adopts good project management principles including:
Recognition that a project is a finite process with a defined start and end. | Projects need to be well directed and managed in order to be successful. |
All interested parties should maintain genuine commitment to the project, and must be clear about:
- Why the project is needed
- What is intended to achieve
- How the outcome is to be achieved
- Individual role responsibility to achieve the desired outcome
