PRINCE2 Project Characteristics
PRINCE2 is a structured and adaptable project management method for planning, managing and controlling any type or size of project. The following are its key characteristics:
- A PRINCE2 project uses a product-based approach to planning.
- The main planning tool is the Product Breakdown Structure.
- A Business Case is the primary control tool that ensures continued project feasibility.
- PRINCE2 is a completely scalable and repeatable methodology.
- A PRINCE2 project creates products to achieve a business objective.
- A PRINCE2 project delivers business benefits for the organization.
- Stakeholder involvement is created at the project management level.
- The management of risk is integrated into the life cycle of the project.
- A defined organisation structure identifies roles and responsibilities.
- Quality reviews are conducted throughout the duration of the project.
- Controlling change is managed in the PRINCE2 method.
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