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PRINCE2 is a project management methodology mainly used in the UK, Australia, and European countries. "PRINCE2" stands for Project in Controlled Environment, as this approach focuses on resource and risk management by breaking the project into smaller phases, defining roles and responsibilities clearly, and using seven processes to manage the project lifecycle.

By organizing a project into logical steps, PRINCE2 requires a project management framework that has a project plan organized and controlled before it begins, to maintain its organization throughout the life cycle of the project. Control is performed by seven PRINCE2 procedures. These project management processes cover all the activities that make up a project, from start to finish.

Originally crafted by the Central Computer and Telecommunications Agency (CCTA) in 1989, the PRINCE2 method is based on PROMPT, another acronym for Project Resource Management Planning Method, created in 1975 and used by the UK government itself.

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The PRINCE2 methodology relies on seven principles:

  1. Continuing business case
  2. Learning from experience
  3. Defined Roles and Responsibilities
  4. Step-by-step management
  5. Exception management
  6. Focus on the product
  7. Adaptation to the project environment

Roles Included in Prince2

The main roles that make up the PRINCE2 project management team are:

  • Project manager: A project manager is a person responsible for managing the planning, execution, control, and closing phases of a project.
  • Team Leader: Depending on the size of your project, you may need a team leader who closely monitors team members and reports to the project manager.
  • Customers: This is the person or organization that pays for the project and who will be affected in some way by the outcome of the project.
  • Finally, there is a project board, consisting of the customer and business executives, such as one representing the users and another representing the participating vendors or experts.

The four levels of certification in the PRINCE2 project management methodology are:

  • PRINCE2 2017 Foundation
  • PRINCE2 2017 Practitioner
  • PRINCE2 Agile Foundation
  • PRINCE2 Agile Practitioner

The reliable PRINCE2 course leads to certification in methodology. The course requires users to complete training with an accredited training institution and then pass an exam. This can be done online or offline.

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