WebThe PRINCE methodology was initially developed in the late 1980s as a way for the U.K. government to manage IT projects. In 1996, the approach was reviewed and updated by a team of project management specialists and a review panel of 150 public and private organizations to make it more widely applicable to a variety of industries. WebPRINCE2 ® methodology segregates the whole projects into various stages and every stage is managed in a separate manner. With PRINCE2 ® methodology, 7 processes are involved: 1. Starting up a Project. The primary process includes activities that are necessary to make sure that it is a worthwhile and viable project.
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