# Prince2

## Basic idea

PRojects IN Controlled Environments v2 — a process-driven, heavily documented, stage-gated project management methodology developed by the UK government. Widely used in EU/government/consulting.

## Key facts

* 7 principles, 7 themes, 7 processes — the "Prince2 trinity".
* Stage-gated: each stage's continuation requires explicit business-case re-justification.
* Roles: Project Board, Project Manager, Team Manager.
* Strong on documentation and governance; weak on adapting to change.
* Widely used and accepted -Consulting, Private and Government
* Process orientated approach
* Divides projects into multiple stages
* Detailed and thorough
* Must have a clear need, a target customer, realistic benefits, and a thorough cost analysis

## Pros

* Extensive documentation is helpful with corporate planning & tracking

  **Cons**
* Difficult and untimely to adapt changes and apply these to all documentation


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