PRINCE2 is a structured project management method that can be applied to projects regardless of scale, type, organization, geography, or culture. It separates the management aspects of a project from the technical work. Key benefits include ensuring business justification, involving senior management, facilitating controls, providing communication, and allowing projects to be stopped and restarted under management control. PRINCE2 is based on principles like continued business justification and defined roles and responsibilities. It addresses themes like business case, organization, quality, plans, risk, change, and progress through processes like starting up a project, directing a project, and closing a project.

1. PRINCE2
http://www.spoce.com/courses/prin
ce2/prince2---an-introduction.aspx

2. Overview
• PRINCE2® (Projects in a Controlled
Environment) is a structured project
management method that can be applied
regardless of project scale, type, organisation,
geography or culture.
• It isolates the management aspects of project
work from the specialist contributions, such as
design, construction etc which are easily
integrated with the PRINCE2® method.

3. Benefits
• ensures that the project management is focused
on the continuing viability of the project in
relation to its Business Case
• involves senior management in the project at the
right time and in the right place
• facilitates controls at all levels
• provides a communication medium for all project
staff
• allows the project to be stopped and, if
required, re-started completely
under management control, at any time in the
project's life

4. Principles
• Continued business justification
• Learn from experience
• Defined Roles and Responsibilities
• Manage by stages
• Manage by exception
• Focus on products
• Tailor to suit the project environment

5. Themes
• The PRINCE2® themes describe aspects of project
management that need to be continually
addressed.
• Business Case
• Organisation
• Quality
• Plans
• Risk
• Change
• Progress

6. Processes
• Starting up a Project (SU) Establishes the project objectives and
approach to the Project
• Directing a Project (DP) The Project Board sets direction and makes
key decisions throughout the life of the project
• Initiating a Project (IP) This process plans the project at high-level
• Managing a Stage Boundary (SB) this process is used to plan the
next stage in detail
• Controlling a Stage (CS) This is the basic day-to-day project
management process
• Managing Product Delivery (MP) This is where the main
"development work" for the project happens
• Closing a Project (CP) This includes the activities for closing the
Project in an orderly way