- PRINCE stands for: Projects IN Controlled Environments
- A generic project management method – PRINCE1 was specific for IT-project management.
- Developed by the UK’s office of government commerce
- Popularly used in the UK
- Process-driven approach
- PRINCE2 is a more generic project management standard and can be used for both small and big projects.
There are essentially seven processes in PRINCE2, as explained below.
- Starting a project
- Initiating a project
- Directing a project
- Managing a stage boundary
- Controlling a stage
- Managing product delivery
- Closing project
There is a start-up process (Starting a project ). Then two main processes (Directing and Planning) that exist throughout the project are directing a project which is basically execution of the project and then planning continues throughout, as once the initial plan is made, it is continuously revised and based on the plan, once the plan is complete the initial plan is complete.
The project is initiated, and the project undergoes various stages. In each stage, the project manager directs the project activities, and the project team carries out the activities. The project manager monitors and controls each stage. Further, at the end of the stage, the new stage needs to start, which is called managing the stage boundary. Once all the stages are completed, it’s like one by one stage is taken up, the project manager undertakes the closing processes.
References:
- NPTEL Software Project Management by Rajib Mall, IIT Kharagpur.
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