Project management utilising the PRINCE2 approach

The PRINCE2 process model
PRINCE2 is a structured approach to project management released in 1996 as a generic project management method.[22] It combines the original PROMPT methodology (which evolved into the PRINCE methodology) with IBM’s MITP (managing the implementation of the total project) methodology. PRINCE2 provides a method for managing projects within a clearly defined framework.
Prince2_procces_model_
PRINCE2 focuses on the definition and delivery of products, in particular their quality requirements. As such, it defines a successful project as being output-oriented (not activity- or task-oriented) through creating an agreed set of products[23] that define the scope of the project and provides the basis for planning and control, that is, how then to coordinate people and activities, how to design and supervise product delivery, and what to do if products and therefore the scope of the project has to be adjusted if it does not develop as planned.

In the method, each process is specified with its key inputs and outputs and with specific goals and activities to be carried out to deliver a project’s outcomes as defined by its Business Case. This allows for continuous assessment and adjustment when deviation from the Business Case is required.

PRINCE2 provides a common language for all participants in the project. The governance framework of PRINCE2 – its roles and responsibilities – are fully described and require tailoring to suit the complexity of the project and skills of the organisation