PRINCE2 is a standard used extensively by the UK Government and is widely recognized and used in the private sector, both in the UK and internationally.

The method PRINCE2 offers best practice guidance on project management. PRINCE2 is a registered trademark of OGC.

The key features of PRINCE2 are:

• Its focus on business justification
• A defined organization structure for the project management team
• Its product-based planning approach
• Its emphasis on dividing the project into manageable and controllable stages
• Its flexibility to be applied at a level appropriate to the project.

PRINCE2 is recognised as a world-class international product and is the standard method for project management. Many companies across the world require staff to be PRINCE2 certified.

PRINCE2 Is The International Standard Method for Project Management

PRINCE2 is recognised as a world-class international product and is the standard method for project management, not least because it embodies many years of good practice in project management and provides a flexible and adaptable approach to suit all projects.

It is a project management method designed to provide a framework covering the wide variety of disciplines and activities required within a project.

PRINCE2’s formal recognition of responsibilities within a project, together with its focus on what a project is to deliver (the why, when and for whom) provides your organisation’s projects with:

• a common, consistent approach
• a controlled and organised start, middle and end
• regular reviews of progress against plan
• assurance that the project continues to have a business justification
• flexible decision points
• management control of any deviations from the plan
• the involvement of management and stakeholders at the right time and place during the project
• good communication channels between the project, project management, and the rest of the organisation
• a means of capturing and sharing lessons learned
• a route to increasing the project management skills and competences of the organisation’s staff at all levels

Here is 50 questions Prince 2 Foundation Exam practice test