Editing PRINCE2 (section)

{{Short description|Project management method}}
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<!-- Please do not change the spelling of the English variations of words to their American versions. This article is written in British English-->
[[File:PRINCE2 - Project Management Methodology.png|upright=1.3|thumb|PRINCE2 – Structure]]
'''PRINCE2''' ('''PRojects IN Controlled Environments''') is a structured [[project management]] method<ref>{{cite web|title=What is PRINCE2®?|url=https://www.axelos.com/best-practice-solutions/prince2/what-is-prince2|publisher=AXELOS|access-date=1 February 2017}}</ref> and practitioner certification programme. PRINCE2 emphasises dividing projects into manageable and controllable stages.

It is adopted in many countries worldwide, including the UK, Western European countries, and Australia.<ref>{{Cite web |url=http://www.prince-officialsite.com/ConsultingOrganisations/ConsultingOrganisationsList.asp |title=PRINCE2 Consulting Organisations List<!-- Bot generated title --> |access-date=20 December 2010 |archive-date=3 November 2007 |archive-url=https://web.archive.org/web/20071103173634/http://www.prince-officialsite.com/ConsultingOrganisations/ConsultingOrganisationsList.asp |url-status=dead }}</ref>
PRINCE2 training is available in many languages.<ref name="PRINCE2 STUDY Guide">{{cite book|author=David Hinde|title=PRINCE2 Study Guide|url=https://books.google.com/books?id=lVVf-qoDZiUC&pg=PT16|year=2012|publisher=John Wiley & Sons|isbn=978-1-119-97097-2|page=16}}</ref>

PRINCE2 was developed as a [[Cabinet Office|UK government]] standard for information systems projects. In July 2013, ownership of the rights to PRINCE2 were transferred from HM [[Cabinet Office]] to [[AXELOS|AXELOS Ltd]], a [[joint venture]] by the [[Cabinet Office]] and [[Capita]], with 49% and 51% stakes respectively.<ref>{{cite web
 |url          = https://www.apm.org.uk/news/capita-acquires-majority-stake-itil-and-prince2
 |title        = Capita acquires majority stake in ITIL and PRINCE2
 |last1        = Reid
 |first1       = Amy
 |date         = 30 July 2013
 |website      = Association for project management
 |publisher    = International project management association
 |access-date  = 22 February 2016
 |quote        = AXELOS has been revealed as the name of the new joint venture between Capita and the Cabinet Office set up to manage the best management practice training tools and accreditations, including PRINCE2, and ITIL. [...] Capita and the Cabinet Office have established a 51:49 per cent stake in the new organisation that will own the intellectual property (IP) of this portfolio of products [...]
 |archive-url  = https://web.archive.org/web/20160130015056/https://www.apm.org.uk/news/capita-acquires-majority-stake-itil-and-prince2
 |archive-date = 30 January 2016
 |url-status     = dead
 |df           = dmy-all
}}</ref> 

In 2021, PRINCE2 was transferred to PeopleCert during their acquisition of AXELOS.<ref>{{Cite web |url=https://www.peoplecert.org/news-and-announcements/peoplecert-completes-axelos-acquisition |access-date=2024-07-11 |website=www.peoplecert.org}}</ref>