History of PRINCE2

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The following is a timeline of PRINCE2 and its origins:

mid-1970s: PROMPT Methodology created in Simpact Systems Limited (a private sector company). PROMPT stands for Project, Resource, Organization, Management, and Planning Technique.
early 1980s: CCTA (Central Computer and Telecommunications Agency in the UK) licenses the PROMPT Methodology.
1989: CCTA enhances PROMPT and renames it into PRINCE. PRINCE stands for PROMPT in the CCTA Environment.
1996: The first release of PRINCE2, and its certifications
2000: CCTA was integrated into OGC (Office of Government Commerce).
2009: Latest release of PRINCE2
2013: the ownership of PRINCE2 was transformed to AXELOS

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