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.
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