PRINCE2 is the world's most popular project management framework.
PPRINCE2 is a structured project management method based upon modern best practices. The most recent version, published in 2009, is based upon the hugely varied project experience of thousands of project managers, sponsors and stakeholders.
What is PRINCE2?
PRINCE2 started life originally as something called PROMPT, which was developed in the 1970's by Simpact Systems in the UK. In 1979, PROMPT was adopted by the UK government as the project management method of choice for I.T. projects.
PRINCE was developed ten years later, and was based upon PROMPT. It remained an I.T. project management method until 1996 when PRINCE2 was developed. PRINCE2 was a generic method i.e. it could be used on any type of project.
Since 1996, the PRINCE2 manual has been updated several times to reflect up-to-date thinking in project management. The most recent update came in 2009.