What is PRINCE2 Project Management? – The PRINCE2 Principles [Part 2 of 4]

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In the second video of this introduction to PRINCE2, we explain the PRINCE2 principles. These are universally applicable ideas that form the foundations of the PRINCE2 method.

The PRINCE2 principles are important because they are based on empirical research. They give project managers the ability to influence the outcome of a project directly. Decades of feedback from PRINCE2 practitioners have proven that they’re the best way of managing projects.

The 7 principles of PRINCE2 include:
1. Continued business justification
2. Learn from experience
3. Defined roles and responsibilities
4. Manage by stages
5. Manage by exception
6. Focus on products
7. Tailor to suit the environment

Each principle is an important topic in its own right. Each follows different rules, uses different tools, and is delegated to different team members. Understanding the principles is an important step towards understanding the themes and processes that build on these ideas.

Take a look at our available PRINCE2 training courses if you're interested in obtaining your PRINCE2 qualification:

If agile projects are central to your work, consider enhancing your knowledge with a PRINCE2 Agile course.

Enhance your understanding by clicking here to explore additional information about PRINCE2 principles:

Knowledge Train helps organizations improve their capacity to manage projects through high-quality training solutions. We’ve helped tens of thousands of candidates learn to manage projects, programmes, portfolios, and change initiatives.

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Thank you for the funny fellow on number 7! Superbly presented, with the perfect voice!

DukeSeager