Prince 2

PRINCE2™ is a project management technique; a tool and methodology that gives guidance on how to set-up, plan, control, and deliver projects on time, to budget, and to the right quality, for both IT and non-IT projects.

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

The method was initially based on PROMPT, a project management method created by Simpact Systems Ltd in 1975. PRINCE was launched in 1989, and superceded PROMPT within Government projects.

The key features of PRINCE are its provision of a defined organisation structure for the project management team, a product-based approach, a focus on business case and dividing projects into manageable and controllable stages.

PRINCE2™ is widely used in the private sector, in the UK and internationally, and has become a standard used extensively by the UK Government.

PRINCE stands for PRojects IN Controlled Environments