A: PRINCE2® is a generic project management methodology that can be applied to different types of projects and projects of different sizes. It is comprehensive in its approach but flexible in application. The methodology offers a structured approach to control the start, progress and closure of a project.
Whenever you want to deliver or change a new service, product, organizational process or system you need to know what is required, why it is necessary, by when key events need to occur, how it must occur and importantly who needs to be involved.
The PRINCE2® methodology provides a step by step guide that will assist the Project Team to gather and structure the information necessary to start up a project and provides processes and control mechanisms allowing a controlled execution and closure of the project.