- Blog Categories
- Project Management
- Agile Management
- IT Service Management
- Cloud Computing
- Business Management
- BI And Visualisation
- Quality Management
- Cyber Security
- Most Popular Blogs
- PMP Exam Schedule for 2025: Check PMP Exam Date
- Top 60+ PMP Exam Questions and Answers for 2025
- PMP Cheat Sheet and PMP Formulas To Use in 2025
- What is PMP Process? A Complete List of 49 Processes of PMP
- Top 15+ Project Management Case Studies with Examples 2025
- Top Picks by Authors
- Top 170 Project Management Research Topics
- What is Effective Communication: Definition
- How to Create a Project Plan in Excel in 2025?
- PMP Certification Exam Eligibility in 2025 [A Complete Checklist]
- PMP Certification Fees - All Aspects of PMP Certification Fee
- Most Popular Blogs
- CSM vs PSM: Which Certification to Choose in 2025?
- How Much Does Scrum Master Certification Cost in 2025?
- CSPO vs PSPO Certification: What to Choose in 2025?
- 8 Best Scrum Master Certifications to Pursue in 2025
- Safe Agilist Exam: A Complete Study Guide 2025
- Top Picks by Authors
- SAFe vs Agile: Difference Between Scaled Agile and Agile
- Top 21 Scrum Best Practices for Efficient Agile Workflow
- 30 User Story Examples and Templates to Use in 2025
- State of Agile: Things You Need to Know
- Top 24 Career Benefits of a Certifed Scrum Master
- Most Popular Blogs
- ITIL Certification Cost in 2025 [Exam Fee & Other Expenses]
- Top 17 Required Skills for System Administrator in 2025
- How Effective Is Itil Certification for a Job Switch?
- IT Service Management (ITSM) Role and Responsibilities
- Top 25 Service Based Companies in India in 2025
- Top Picks by Authors
- What is Escalation Matrix & How Does It Work? [Types, Process]
- ITIL Service Operation: Phases, Functions, Best Practices
- 10 Best Facility Management Software in 2025
- What is Service Request Management in ITIL? Example, Steps, Tips
- An Introduction To ITIL® Exam
- Most Popular Blogs
- A Complete AWS Cheat Sheet: Important Topics Covered
- Top AWS Solution Architect Projects in 2025
- 15 Best Azure Certifications 2025: Which one to Choose?
- Top 22 Cloud Computing Project Ideas in 2025 [Source Code]
- How to Become an Azure Data Engineer? 2025 Roadmap
- Top Picks by Authors
- Top 40 IoT Project Ideas and Topics in 2025 [Source Code]
- The Future of AWS: Top Trends & Predictions in 2025
- AWS Solutions Architect vs AWS Developer [Key Differences]
- Top 20 Azure Data Engineering Projects in 2025 [Source Code]
- 25 Best Cloud Computing Tools in 2025
- Most Popular Blogs
- Company Analysis Report: Examples, Templates, Components
- 400 Trending Business Management Research Topics
- Business Analysis Body of Knowledge (BABOK): Guide
- ECBA Certification: Is it Worth it?
- How to Become Business Analyst in 2025? Step-by-Step
- Top Picks by Authors
- Top 20 Business Analytics Project in 2025 [With Source Code]
- ECBA Certification Cost Across Countries
- Top 9 Free Business Requirements Document (BRD) Templates
- Business Analyst Job Description in 2025 [Key Responsibility]
- Business Analysis Framework: Elements, Process, Techniques
- Most Popular Blogs
- Best Career options after BA [2025]
- Top Career Options after BCom to Know in 2025
- Top 10 Power Bi Books of 2025 [Beginners to Experienced]
- Power BI Skills in Demand: How to Stand Out in the Job Market
- Top 15 Power BI Project Ideas
- Top Picks by Authors
- 10 Limitations of Power BI: You Must Know in 2025
- Top 45 Career Options After BBA in 2025 [With Salary]
- Top Power BI Dashboard Templates of 2025
- What is Power BI Used For - Practical Applications Of Power BI
- SSRS Vs Power BI - What are the Key Differences?
- Most Popular Blogs
- Data Collection Plan For Six Sigma: How to Create One?
- Quality Engineer Resume for 2025 [Examples + Tips]
- 20 Best Quality Management Certifications That Pay Well in 2025
- Six Sigma in Operations Management [A Brief Introduction]
- Top Picks by Authors
- Six Sigma Green Belt vs PMP: What's the Difference
- Quality Management: Definition, Importance, Components
- Adding Green Belt Certifications to Your Resume
- Six Sigma Green Belt in Healthcare: Concepts, Benefits and Examples
- Most Popular Blogs
- Latest CISSP Exam Dumps of 2025 [Free CISSP Dumps]
- CISSP vs Security+ Certifications: Which is Best in 2025?
- Best CISSP Study Guides for 2025 + CISSP Study Plan
- How to Become an Ethical Hacker in 2025?
- Top Picks by Authors
- CISSP vs Master's Degree: Which One to Choose in 2025?
- CISSP Endorsement Process: Requirements & Example
- OSCP vs CISSP | Top Cybersecurity Certifications
- How to Pass the CISSP Exam on Your 1st Attempt in 2025?
- More
- Tutorials
- Practise Tests
- Interview Questions
- Free Courses
- Agile & PMP Practice Tests
- Agile Testing
- Agile Scrum Practice Exam
- CAPM Practice Test
- PRINCE2 Foundation Exam
- PMP Practice Exam
- Cloud Related Practice Test
- Azure Infrastructure Solutions
- AWS Solutions Architect
- AWS Developer Associate
- IT Related Pratice Test
- ITIL Practice Test
- Devops Practice Test
- TOGAF® Practice Test
- Other Practice Test
- Oracle Primavera P6 V8
- MS Project Practice Test
- Project Management & Agile
- Project Management Interview Questions
- Release Train Engineer Interview Questions
- Agile Coach Interview Questions
- Scrum Interview Questions
- IT Project Manager Interview Questions
- Cloud & Data
- Azure Databricks Interview Questions
- AWS architect Interview Questions
- Cloud Computing Interview Questions
- AWS Interview Questions
- Kubernetes Interview Questions
- Web Development
- CSS3 Free Course with Certificates
- Basics of Spring Core and MVC
- Javascript Free Course with Certificate
- React Free Course with Certificate
- Node JS Free Certification Course
- Data Science
- Python Machine Learning Course
- Python for Data Science Free Course
- NLP Free Course with Certificate
- Data Analysis Using SQL
- Home
- Blog
- Project Management
- Understanding PRINCE2 and its Applications
Understanding PRINCE2 and its Applications
Updated on Sep 22, 2017 | 4 min read
Share:
Projects as defined in the PMBOK are temporary endeavors undertaken to produce a unique product, service or result. According to PRINCE2 a project is undertaken in order to satisfy a agreed upon business case. Projects thus help organizations thrive in its current operations as well as help in achieving positive business change.
Projects run in an uncertain environment and the outcome is uncertain until achieved since the environment poses many a threat and opportunity. Hence, all projects must be managed in a proper manner in order to ensure that the aspects of time, cost scope and quality as defined in the iron triangle are properly managed over the course of the project.
Project Management is to do with planning, delegating, executing, monitoring and controlling all aspects of a project including motivation of all stakeholders involved in order to achieve project objectives or results. Various project management approaches came into being with many being customized to meet the needs of different industries and to control the sequence and occurrence of all activities. In other words the purpose of project management is to ensure that the roofing contractor doesn’t arrive before the walls of the house are built up and to ensure that the walls are put up in a proper manner in order to ensure that it is strong enough to hold the roof.
What is PRINCE2?
PRINCE2 is the acronym for Projects IN Controlled Environments 2nd version and it is a non-proprietary project management method and a global standard applicable to any type of project with a well defined start and finish date regardless of scale, type, organization, geography or culture.
The most critical word in PRINCE2 is ‘Controlled’ and it is all about ensuring that the project is always executed with good management control. PRINCE 2 is widely recognized, understood and available in the public domain and can be used free of charge. PRINCE2 is also part of the suite of guidance developed by the UK office of Government Commerce (OGC).
The roots of PRINCE2 go back to 1975. It was originally based on PROMPT, a project management methodology formed by Simpact Systems Ltd. In 1979, the Central Computer and Communications Agency (CCTA) embraced PROMPT as the standard to be used for all Government information system projects. CCTA later changed its name to the OGC (Office of Government Commerce) and launched its own method called PRINCE in 1989. It replaced PROMPT for all government projects.
By 1996, OGC published the newer version of PRINCE, which is PRINCE2. This was in response to user requirements with regards to governance of any type of project through a contribution of users from 150 odd countries and it remains as a registered trademark of OGC. It has undergone major revisions and splits multiple times.
Advantages of following PRINCE2
PRINCE2 is applicable for any type of project and it is a collection of recognized and proven project governance and delivery practices. PMI® defines the guidelines and standards for project management through the PMBOK™ guide where as PRINCE2 provides more practical guidance on applicability of different concepts and principles. PRINCE2 establishes its goal for effective communication throughout the project through a clearly defined arrangement for responsibility, delegation, accountability and authority for communication on different aspects of managing the project.
PRINCE2 exam in a nutshell
The PRINCE2 credential consists of 2 levels; foundation and practitioner. PRINCE2 foundation identifies the project manager as someone who is knowledgeable about the concepts and understands them whereas the practitioner certification level identifies as the project manager who can apply the concepts and learning from PRINCE2 to real projects. PRINCE2 Foundation certification level must be completed first for the individual to attempt the practitioner level.
PRINCE2 Foundation is a 75 question MCQ type closed book paper with 35 required to pass the exam. The practitioner exam is a closed book scenario type paper of 2 ½ hour’s duration where the individual is required to 8 questions with 10 items per question with each carrying 1 mark each. The participant is expected to get 44 marks out of the possible 80 in order to obtain the credential.
Key Constructs of PRINCE2 Manual
Below is a discussion on the key few constructs of the PRINCE2 manual. It is important to understand these factors when breaking down the same.
1) Principles
The principles define the aspects that constitute a PRINCE2 project. Below are these key principles.
- A PRINCE2 project is built upon the need for continuous business justification for the project as it goes through different stages in its lifetime.
- PRINCE2 project teams learn from previous experience and apply those learning. These lessons are collected and acted upon throughout the life of a project and beyond by using them in subsequent projects.
- PRINCE2 projects are governed through a defined and agreed set of roles & responsibilities that are arranged to function within an organization. The project gets managed through the engagement of users, business sponsors, suppliers and other stakeholders.
- PRINCE2 projects are managed in stages with each stage having a gate opening to the next stage of the process. PRINCE2 projects are planned, monitored and controlled through this stage-gate mechanism.
- PRINCE2 projects apply the management by exception approach with relevant stakeholders expected to get involved only as and when required. Projects have defined tolerance levels for each objective which are being monitored on a constant basis.
- The scope and quality requirements for PRINCE2 projects are predefined and the definition and delivery of such standards are expected to be realized throughout the lifetime of a project.
- PRINCE2 can be tailored to work with any project environment and has no restrictions in terms of of size, complexity, importance, capability or risk.
2. Themes
PRINCE2 project themes define all Project Management activities that must be adhered to throughout the entire life cycle of the project. These are as listed below.
- Business Case
Any project has a specific reason for which it is undertaken. Simply put, the project manager is expected to identify the business justification as to why the project is being carried out.
- Organization
This refers to the composition of the team involved in the project. The internal and external stakeholders involved in delivering the project must be identified as part of the project organization.
- Quality
All project activities are expected to be carried out according to quality requirements defined in terms of project delivery. Hence this theme identifies the quality of the product and the project.
- Plans
Plans refer to the time, cost, resource and any other planning that needs to be done, the frequency and extent of such planning, when the planning should happen, how it should happen and who should be involved in the same.
- Risk
Every project is executed in an uncertain environment. The next theme of interest in to identify what might go wrong and to understand what needs to be done if something does go wrong.
- Change
Change and change management is a massive area of interest for project managers. This theme specifies the importance of change, how it may impact the project and the need to prepare to handle such changes.
- Progress
PRINCE2 projects are about constant monitoring of progress made. The project manager is to expected to monitor where the project is at now and determine whether or not to continue with the project or not.
3. Processes
PRINCE2 Processes creates the backbone of the framework in terms of operationalization. Processes define the project activities required to direct, manage and deliver a project. The PRINCE2 processes represents the key activities of the four levels of management namely, Corporate or programme Management, the Project Board, the Project Manager and the Team Manager.
PRINCE2 if learnt, understood and practised properly can be highly beneficial to any project team and organization. Many government organizations especially in Europe still regard PRINCE2 practitioners to be of high demand. PRINCE2 practices are applicable for any type, size or complex project and is an important credential to strive for in order to gain a major industry recognition.
Become a project management expert with our PRINCE2 Foundation Certification Training Course. Start your journey to success now!
![](https://ik.imagekit.io/upgrad1/abroad-images/tag/project-management/widget/imagePWMXXS2DP30L.webp?tr=w-undefined,q-70)
Master Right Skills & Boost Your Career
Avail your free 1:1 mentorship session
Get Free Consultation
By submitting, I accept the T&C and
Privacy Policy