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IT Governance, Prince2   
Prince2IT Governance: From COBIT to ISO20000
zeroing in on prince2
IT Governance: From Prince2 thru ITIL

Balanced Scorecard Balanced Scorecard
ISO 17799 ISO 17799
Six Sigma Six Sigma

IT Governance and Prince2

Prince2 History

Prince, the forerunner of Prince2, was derived from an earlier methodology called II (Project, Resource, Organisation, Management and Planning Techniques), which was originally published in 1975. In 1979 this was adopted by a United Kingdon Government department, known as the CCTA, who created the first version of Prince from this and published it in 1989.

Following wide consultation, Prince2 was released in 1996.

What is Prince2?

Prince2 (PRINCE being 'Projects in Controlled Environments') is a a process based approach to project management. It comprises eight high level processes:

  • Directing a project
  • Initiating a project
  • Starting up a project
  • Planning
  • Controlling a stage
  • Managing product delivery
  • Managing stage boundaries
  • Closing a project
A Prince2 project itself typically contain four 'phsases': Starting a project; Initiating a project; Implementation of a project; Closing a project.

It also offers two levels of personal examination/certification: Foundation level and Practitioner level.

Prince2's Future

Some people argue that Prince2 should have done much better than it has in terms of worldwide adoption. The reasons it has not are probably varied, but some possibly relate to the OGC's rigid adoption of accreditation systems for training and other related services.

Despite this, Prince2 is certainly a major project management method. The extent to which it will expand from here remains to be seen.

Identified Source References for this Article:
Prince2 User Group