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prince2

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prince2
PRINCE2 (an acronym for PRojects IN Controlled Environments) is a de facto process-based method for effective project management. Used extensively by the UK Government, PRINCE2 is also widely recognised and used in the private sector, both in the UK and internationally. The PRINCE2 method is in the public domain, and offers non-proprietorial best practice guidance on project management.
PRINCE was established in 1989 by CCTA (the Central Computer and Telecommunications Agency), since renamed the OGC (the Office of Government Commerce). In June 2010, the Office of Government Commerce Best Practice Management functions moved into the Cabinet Office.
PRINCE was originally based on PROMPT, a project management method created by Simpact Systems Ltd in 1975, and adopted by CCTA in 1979 as the standard to be used for all Government information system projects.
When PRINCE was launched in 1989, it effectively superseded PROMPT within Government projects. PRINCE remains in the public domain and copyright is retained by the Crown. PRINCE2 was published in 1996, having been contributed to by a consortium of some 150 European organisations.

PRINCE2 evolved from a methodology called PROMPT, and has since evolved to become the most extensively used and leading project methodology in more than 150 countries around the world. The flexibility of PRINCE2 ensures that any project of any size in any environment can tailor and use the PRINCE2 method.

PRINCE2 is owned by the Office of Government Commerce (OGC) and continues to develop and improve the method, and it currently represents the pinnacle of best practice within the world of projects. PRINCE2 allows any project to deliver the required outcome by managing the costs, timescales, quality, scope, risks and benefits.

The PRINCE2 method provides an accessible and easy to tailor framework for any project, with a focus on the Business Case and benefit realization. To their credit, the OGC has consulted widely with the

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