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PRINCE2
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== Differences from PMP == [[Project Management Professional]] (PMP) from [[Project Management Institute]] may be seen as a competitor of PRINCE2. In general, the UK, Australia prefer PRINCE2, and the US and American countries prefer PMP. Asia, Africa and the Middle East area have no strong preference for PMP or PRINCE2. The important thing is that PMP (PMBOK) can be used with PRINCE2. PRINCE2 and PMP acknowledge each other's existence in their advertising material and attempt to position themselves as complementary products โ PRINCE2 as a "methodology" and PMP as a "standard"<ref name="PMI_PMBOK">{{cite web |url=http://www.pmi.org/certification/~/media/pdf/certifications/pdc_pmphandbook.ashx |title=Project Management Professional (PMP) ยฎ Handbook |publisher=[[Project Management Institute]] |access-date=18 September 2009 |archive-url=https://web.archive.org/web/20111122042800/http://www.pmi.org/Certification/~/media/PDF/Certifications/pdc_pmphandbook.ashx |archive-date=22 November 2011 |url-status=dead }}</ref> โ which can be used alongside each other. In practice, companies and practitioners choose one system or both depending on the project environment, their geographical location and costs involved.
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