Prince2 Principles
If the justification disappears (e.g., market conditions change), the project should be stopped or changed; continuing for the sake of finishing is a failure of this principle. 2. Learn from Experience
This is the primary document used to justify the investment. It is updated at the end of every stage to ensure the project still offers a return on investment. prince2 principles
Throughout the project, teams maintain a log of what went well and what didn't. This is reviewed during the initiation of new projects and updated at the end of every stage. 3. Defined Roles and Responsibilities If the justification disappears (e
A project must make good business sense. This means there must be a documented, clear reason to start the project, and that reason must remain valid throughout its entire lifecycle. It is updated at the end of every
Overall, the PRINCE2 principles provide a solid foundation for project management success. By emphasizing structure, governance, and control, they help organizations to deliver projects that meet their strategic objectives and stakeholder expectations.