This is one of the main categories we are going to post on.
PRINCE stands for Projects IN Controlled Environments.
Prince (Projects IN Controlled Environments) is a project management (link) methodology; it was born in the UK to solve the problems which troubled Information Technology projects. Its success was such, that Prince2, studied from the very beginning as a universal methodology (not restricted to the IT world), was created.
Prince2 is the most diffused and effective project management(project management – solutions and results) methodology in the world; Prince2 was and is sponsored by the British government. Before its introduction, the unsuccess rate of projects had reached 80% in technological sectors. With Prince2, the success rate has dramatically increased. The Prince2 Practitioner qualification is rare in many countries and almost non-existent in Italy and Ticino (Switzerland).
Its success has led to its being considered the the most effective project management methodology in the world; even China has recently imported Prince2, and thousands of firms are embracing it worldwide. It has been adopted by NATO.
Prince2 differs from other methodologies in being practical, with an operational manual; Prince2 stresses the project operational management of projects, leaving to the project team the tool choice (pen and paper, advanced software, and so on).
Prince2 has a controlled beginning, life and end. Above all, Prince2 projects have an end; under special circumstances, a project will be closed anyway (not to let it creep forever) in order to start another (or more than one) project specifically aimed at possible problems which may have arisen.
Prince2 is “property” of the British government (OGC -Office of Government Commerce) but is free to be used. To become (Prince2 Practitioner) certified project manager, one has to take two “governmental” exams.