What is PRINCE2 Project Management?

Posted by: Jannike Post Date: 21st October 2014

PRINCE2 (Projects in Controlled Environment) is a globally recognised methodology, developed by the Office of Government Commerce (OGC). As well as being used by the UK Government, PRINCE2 is also widely adopted in sectors including IT, hospitality, and construction, both in the UK and around the world. PRINCE2 can be applied to any project, regardless of project scale, type of project or the size of the organisation.

While there are many other project management training courses, like PMP and APMP, PRINCE2 is hugely popular, with a structure that can easily be adapted to any type of organisation.

The beginnings of PRINCE2

PRINCE2 was first started in 1989 for UK Government IT project management. Over the years, however, it went through several changes and revisions. Then, in 2009, it was established as PRINCE2. Although initially the methodology was developed for IT project management, it is now applied widely across various sectors and projects.

Who would benefit from PRINCE2 Project Management?

PRINCE2 is ideal for anyone looking to get into a project management role, or someone interested in enhancing their existing project management knowledge and adding value to their CV.

Organisations can benefit from the implementation of PRINCE2 because of its step by step method from start to finish. This methodology provides solutions to a huge range of problems and situations that arise throughout the running of a project. Because it has been tried and tested over the years, companies can save time and money when proceeding with a project, ensuring they make minimal mistakes.

What does PRINCE2 training consist of?

PRINCE2 is made up of two levels; Foundation and Practitioner.

Foundation level:

The Foundation level covers the principles and processes of PRINCE2. It will give you the knowledge and understanding of the method, which will enable you to work effectively with or as a member of a project management team working within an environment supporting PRINCE2.

The foundation level is also a pre-requisite for the practitioner certification.

There is an exam at the end of the unit, which consists of multiple choice questions. The duration of the exam is 60 minutes and you need 35 marks out of 70 to pass the exam.

Practitioner level:

The Practitioner level will reinforce your knowledge of the Foundation level, enabling you to apply PRINCE2 methodology in a real project situation. The Practitioner certification will enable you to apply and tailor PRINCE2 to any given project environment.

You will be assessed by a two and a half hour exam, which is open book and contains eight main questions, each containing 10 question items. Out of 80 questions, 44 marks or more is required to pass.

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