Prince2 is an acronym that stands for Project in a Controlled Environment. It is a process-based approach to project management.
A project is a short-term undertaking having a defined beginning and end date and a specific goal.
The key features are –
- Widely ordered and comprehended
- Can be used for any project
- Management by exception is used.
- A fantastic diagnostic tool
- In project work, consistency and reusability are essential.
Process model of prince2?
- Directing a project(DP)
- Starting up a project(SU)
- Initiating a project(IP)
- Controlling a stage(CS)
- Managing a project delivery(MP)
- Managing a stage Boundary(SB)
- Closing a Project(CP)