PRINCE2®
PRINCE2 is a project management methodology, applicable to all types of projects. PRINCE2 provides the steps you need to take in your project, and normal responsibilities of the team members. It’s customisable, so you can tailor and use for small and large projects.
Content of PRINCE2
The following are the main building elements of PRINCE2:
- Principles
- Practices (called “themes” before version 7)
- Process
- People (new in version 7)
There are also various roles and management products (documents) in PRINCE2.
Use the Table of Contents to navigate the said concepts and their building elements.
History of PRINCE2
The following is a timeline of PRINCE2 and its origins:
- mid-1970s: PROMPT Methodology created in a private company called Simpact Systems Limited. PROMPT stands for “Project, Resource, Organization, Management, and Planning Technique”.
- early 1980s: Central Computer and Telecommunications Agency (CCTA) 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: CCTA releases PRINCE2 and its certifications.
- 2000: Office of Government Commerce (OGC) in the UK becomes the owner of PRINCE2.
- 2009: OGC releases a new version of PRINCE2.
- 2013: The ownership of PRINCE2 was transformed to AXELOS, a joint venture of the public and private sector in the UK.
- 2021: The ownership of PRINCE2 was transformed to PeopleCert, a private company in Greece.
History of this Wiki
This wiki was first written in 2015, for the 5th edition of PRINCE2. Later on, it was updated for the 6th edition and finally, in 2025, it was written almost from scratch, for the 7th edition of PRINCE2 (the current version).
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Written by Frank Turley.
If you have questions or doubts after using this wiki, you can ask for help on the Facebook or LinkedIn study groups.