PRINCE2 is now the world’s most popular project management framework. The identify PRINCE2 stands for PRojects IN Controlled Environments. It started out in life as PRINCE (without the two) as a UK authority’s technique used for managing authorities I.T. projects. Through the early 1990’s it was realized that the identical instruments and methods which can be helpful when managing I.T. projects are precisely the identical mechanisms and methods that are helpful when managing any project. So, a call was undertaken to rewrite PRINCE by removing the entire I.T. terminology. The brand new model grew to become often called PRINCE2 and was launched in 90's.
Since then, the official PRINCE2 guide has been launched quite a few examples. Each revision has improved the understanding and value of the tactic and has been up to date with finest practices. The most recent model of the guide was launched in 2009 and is mostly accepted as embodying the newest finest practices in project management.
