![]() ![]() ![]() At some point, the methodology became known and accepted in the private sector of the United Kingdom too.Īs PRINCE got more traction in the commercial world along with the public sector, it went through an upgrade and fine-tuning process which, in the end, created PRINCE2.Īccording to the Project Management Institute, PRINCE2 is a must requirement for all UK government projects to this day. PRINCE2 is a modernized version of the initial PRINCE methodology that originated in the UK government that wanted to create a process for effective IT project management. So today, we will talk about the main principles and elements of the process under PRINCE2 which will give you a good idea of what to expect from the framework. Nowadays, every business understands the importance of project management, and the search for a perfect framework doesn’t stop. PRINCE stands for PRojects IN Controlled Environments. ![]() Nonetheless, it is worth learning about the PRINCE2 principles and even giving it a go regardless of where you live. PRINCE2 project management methodology is widely known in the United Kingdom but is not as widespread outside of it. ![]()
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