PRINCE2 (or Projects IN a Controlled Environment) is a structured project management method created by project managers, for project managers. It was created through the experience of working on thousands of projects, and by respected individuals, teams, academics and trainers from the project management world.
PRINCE2 isolates the management aspect from specialist contributions such as design and construction, allowing you to focus on the management aspect of your organisation, reducing inefficiencies and justifying projects. This is not to say the specialist contributions are forgotten altogether; they can be implemented into the PRINCE2 method with ease and help provide a secure overall framework for the project.
There are a number of guiding requirements and good practices which determine whether PRINCE2 is being used to manage the project. Unless the following seven principles are being applied, the project cannot be deemed to be a PRINCE2 project: