What does PRINCE2 stand for? PRINCE2 stands for PRojects IN Controlled Environments, version 2. What is PRINCE2? PRINCE2 is a project management methodology. How many processes can be found in PRINCE2? Seven. What is a project according to PRINCE2? A project is a temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case. What are the PRINCE2 process names?
Starting Up a Project (SU), Directing a Project (DP), Initiating a Project (IP), Controlling a Stage (CS), Managing Product Delivery (MP), Managing a Stage Boundary (SB), Closing Project (CP).
PRINCE2 is made up of four main parts, also known as integrated elements. They are: Principles, Themes, Processes and (the tailoring to) the Project Environment. There are seven themes in PRINCE2. How are they called? Business Case, Organization, Quality, Plans, Risk, Change, Progress.