Alright, let’s start with the basics: what is PRINCE2?
PRINCE2
stands for Projects IN Controlled Environments. The “2” is for the
second generation. The first generation was only about IT project, but
the current generation of standard is applicable to any project.
PRINCE2
is a methodology for managing projects. It tells you what to do, when
to do that, and who should do that. Isn’t it great?
Well, you should
know that it doesn’t tell you exactly how to do things. For that type of
questions, you should refer to other resources. That’s just outside the
scope of PRINCE2.
PRINCE2 belongs to AXELOS. It’s a UK joint
venture of the government and a private company. It used to belong to
OGC, which was a governmental agency in the UK.
There are many
amazing standards in the AXELOS family that also cover other parts of
your business that relate to projects. We’ll talk about them tomorrow.
Until then, can you think about what types of methods you need besides
your project, or external to it, to support your project management?