PRINCE2® Principles

  • Continued business justification – the project must have a continuous business justification and viability of the project in all its stages.
  • Learn from experience – positive and negative experiences from previous projects are taken into account when managing the project. The experience from the managed project is subsequently used for other projects or company processes
  • Defined roles and responsibilities – clearly defined and approved roles and responsibilities within the organizational structure of the project, which ensure that the business interests, as well as the interests of users and suppliers, are met
  • Manage by stage – the project is planned, managed and monitored on the basis of management stages
  • Manage by exception – within the project, tolerances are set for individual project goals and at the same time limits are set for the delegation of responsibility
  • Focus on products – when planning the project, the products to be delivered as part of the project are defined as a priority and only then are activities assigned to them
  • Tailor to suit the environment – the level of project management must correspond to the project environment, its scope, importance, riskiness and complexity

These principles are characterized as:

Universal – applicable for every project
Self-validating – verified and still being verified in practice on many projects
Supportive – allow users to adapt project management to their needs
Lesson-based – positive and negative lessons from implemented projects are incorporated