Key Benefits of PRINCE2®

PRINCE2® can be applied to any type of project within any industry sector.

The method is widely recognised and understood and so provides a common vocabulary for all those involved in a project, which helps effective communication.

The method also provides for the explicit recognition of project responsibilities so that participants understand each other’s roles and needs. There is a defined structure for accountability, delegation, authority and communication.

The development of PRINCE2® was driven by the feedback from end-users, project management specialists and a review panel of 150 public and private sector organizations.

This has resulted in a generic best practice method which is flexible enough to be tailored to the specific needs of different organizations for all projects, including Agile delivery.

PRINCE2 is compatible with all other project management qualifications as it provides the technical structure of the framework for the project, which will complement the softer skills learnt on other qualifications.

PRINCE2® qualification scheme

There are three levels of PRINCE®2 qualification: Foundation, Practitioner and Professional, which are aimed at project managers and those who are involved throughout planning and delivering projects.

These three qualifications examine the PRINCE2® methodology in increasing depth and offer individuals and organizations the ability to implement PRINCE2® to suit their specific needs.

PRINCE2® and other project management methodologies

Other project management qualifications and associations that are acknowledged worldwide include:

  • Project Management Professional (PMP) certification from PMI (Project Management Institute).
  • APM (UK Association of Project Management)
  • IPMA (International Project Management Association) also have detailed bodies of knowledge that explain the wider skills needed for a project manager.

PRINCE2® is also compatible with other AXELOS methodologies, such as Managing Successful Programmes and can be easily implemented alongside specialist, industry-specific models (‘engineering models’ or ‘development lifecycles’).