PRINCE2

PRINCE2 (an acronym for PRojects IN Controlled Environments, version 2) is a project management methodology. The methodology encompasses quality management, control and organization of a project with consistency and review to align with the objectives. PRINCE2 is a certification program for practitioners in the methodology who are accredited, qualified through training. PRINCE2 emphasis is on dividing the project into manageable and controllable stages. PRINCE2 is owned by AXELOS, a joint venture of the UK government and Capita with 49 and 51% stakes.