The 7 Phases of a PRINCE2 Project
A PRINCE2 project is typically divided into seven sequential phases:
- Starting Up a Project (SU): The initial phase where the project’s feasibility is assessed, and key stakeholders are identified.
- Initiating a Project (IP): Detailed planning takes place, including the creation of a comprehensive Project Initiation Document (PID).
- Directing a Project (DP): The Project Board provides ongoing direction and guidance, ensuring that the project remains on track.
- Controlling a Stage (CS): Each stage of the project is managed and controlled, with regular checkpoints to assess progress and address any issues.
- Managing Product Delivery (MP): The focus shifts to delivering the project’s products or outputs according to the agreed specifications.
- Managing a Stage Boundary (SB): Occurs at the end of each stage, where the Project Board reviews progress and decides whether to proceed to the next stage.
- Closing a Project (CP): The final phase involves formally closing the project, evaluating its success, and capturing lessons learned for future reference.
PRINCE2 Project Management Methodology
PRINCE2 focuses on dividing projects into manageable stages, each with its own set of processes and deliverables. These stages include starting up a project, initiating a project, directing a project, controlling a stage, managing product delivery, managing stage boundaries, and closing a project. This staged approach helps ensure that projects are well-planned, controlled, and monitored throughout their lifecycle.
Table of Content
- What is PRINCE2?
- The History of PRINCE2
- Benefits of PRINCE2 Project Management
- PRINCE2 Project Roles
- 6 Key Aspects of a PRINCE2 Project
- The 7 Phases of a PRINCE2 Project
- PRINCE2 Practitioner Certifications
- Conclusion: PRINCE2 Project Management Methodology
- FAQs: PRINCE2 Project Management Methodology