Introduction to PRINCE2

Basic principles and definitions of PRINCE2.

This topic covers the fundamental concepts, rationale, and benefits of PRINCE2, including definitions, structure, and key terminologies.
5 minutes 5 Questions

PRINCE2 (PRojects IN Controlled Environments) is a structured project management methodology that offers a systematic approach to delivering projects of any size or complexity. It represents best practice in project management and is widely recognized globally. The PRINCE2 methodology centers around seven principles, seven themes, and seven processes. The principles serve as the framework's foundation, representing the obligatory practices. The themes describe aspects of project management that must be continuously addressed throughout the project. The processes provide a step-by-step progression of the project lifecycle. The seven principles include: Continued business justification, Learn from experience, Defined roles and responsibilities, Manage by stages, Manage by exception, Focus on products, and Tailor to suit the project environment. The seven themes are: Business Case, Organization, Quality, Plans, Risk, Change, and Progress. The seven processes cover the entire project lifecycle: Starting up a Project, Directing a Project, Initiating a Project, Controlling a Stage, Managing Product Delivery, Managing a Stage Boundary, and Closing a Project. PRINCE2 emphasizes the importance of the business case, ensuring that projects remain viable and aligned with organizational objectives. It promotes clear roles and responsibilities, with a defined structure including a Project Board, Project Manager, and Team Managers. The methodology is highly adaptable and can be tailored to the specific needs of different projects and organizations. It's designed to be practical and scalable, applicable to both small and large projects across various sectors. PRINCE2 Foundation level provides an introduction to these concepts, establishing a common understanding of the terminology and methodology basics, preparing practitioners to effectively participate in PRINCE2 projects.

PRINCE2 (PRojects IN Controlled Environments) is a structured project management methodology that offers a systematic approach to delivering projects of any size or complexity. It represents best pra…

Concepts covered: PRINCE2 Principles, PRINCE2 Process Model, Tailoring PRINCE2, The Project Environment, Benefits of Using PRINCE2, PRINCE2 Themes, PRINCE2 Key Documents, PRINCE2 Project Organization Structure, Project Definition and Characteristics

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