Key Elements of Prince2

I sometimes get asked about Prince2 and what is the benefit of becoming accredited. I believe that it is an important and useful methodology provided it is carefully tailored to the size, complexity and risk of the project. Here is a brief guide that provides the headlines of what Prince2 is.

What is Prince2?

  • A non-proprietary, generic methodology for managing projects
  • It can be used on any project regardless of scale, type, organisation, geography or culture
  • It can tailored to suit any project regardless of scale, type, organisation and so on
  • It is designed to control Costs, Timescales, Quality, Scope, Risk, Benefits

What Prince2 does not provide?

  • Specialist aspects, i.e. industry specific or project type specific tools
  • Detailed techniques, i.e. use of Microsoft Project, meeting technique
  • Leadership capability, i.e. leadership, motivational and other interpersonal skills

What comprises Prince 2?

  • 7 principles
  • 7 themes
  • 7 processes

What are the Prince2 ‘Principles’?

These are the 7 principles that underpin each stage, tool and document in Prince2.

  1. Continued business justification
  2. Learn from experience
  3. Defined roles and responsibilities
  4. Manage by stages
  5. Manage by exception
  6. Focus on deliverables (or ‘products’ in Prince2 terminology)
  7. Tailor to suit the project environment

What are the Prince2 ‘Themes’?

These are the 7 themes that run through each stage, tool and document in Prince2.

  1. Business Case – Why?
  2. Organisation – Who?
  3. Quality – What?
  4. Plans – How? How much? When?
  5. Risk – What if?
  6. Change – What’s the impact of?
  7. Progress – Where are we now? Where are we going? Should we carry on?

What are the Prince2 ‘Processes’?

These are the 7 processes that are used to manage the project.

  1. Starting up a project (SUP)
  2. Initiating a project (IP)
  3. Directing a project
  4. Managing a stage boundary (MSB)
  5. Controlling a stage
  6. Managing product delivery
  7. Closing a project (CP)

This is how the processes flow:

Prince2 processes diagram

I run projects to the methodology but ensure it heavily tailored to the type of project to maximise its effectiveness and ensure the most efficient use of time and effort.

 

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