PRINCE2 (PRojects IN Controlled Environments)

is a structured method for effective project management and the current standard in Britisch authorities. This method is used and recognized internationally, in private companies and in public authorities.

 
Prince2 divides the project management process into eight main processes. This structure is based on the different phases of a project, different orientation in the context and responsibilities. Each main process consists of three sub-processes.

 

The most important elements of PRINCE2 are:

 
    •    Process oriented method that is aligned to business justification.
    •    A defined structure for the project management team.
    •    PRINCE2 has a product specific approach in planning.
    •    This method emphases the segmentation of the project into controllable phases.
    •    PRINCE2 is flexible and can be used in every environment for all kinds of project type.

PRINCE2 allows by controlled usage of people and resources for project managers and administrators. PRINCE2 is best practice and is widely acknowledged and guarantees a common language for everybody that is involved in projects.

PRINCE 2 delivers projects with:

    •    Controlled project start, controlled phases and controlled project end.
    •    Focus on business justification and risk management.
    •    A defined organization structure.
    •    Flexible ways to make descisions.
    •    Regular, scheduled process control.
    •    Automatic correction by the management if there are deviations from the plan.
    •    Management commitments and everybody that is involved in a project for the right issues.
    •    Good communication channels between the project and the rest of the organization.