How many principles are defined in PRINCE2?

Prepare effectively for the PRINCE2 Agile Foundation Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

PRINCE2 defines seven principles that underpin the methodology, providing a framework for good project management practices. These principles are fundamental and must be adhered to in order for a project to be considered a PRINCE2 project.

The seven principles are:

  1. Continued Business Justification: This principle emphasizes that there should always be a valid reason for starting and continuing a project.
  2. Learn from Experience: PRINCE2 encourages teams to learn from previous projects and to apply those lessons to current and future projects.
  3. Define Roles and Responsibilities: Clear roles and responsibilities among team members and stakeholders are stressed to enhance communication and accountability.
  4. Manage by Stages: Projects should be planned, monitored, and controlled on a stage-by-stage basis, allowing for better management of resources and risks.
  5. Manage by Exception: This principle allows for delegation of authority to project managers, enabling them to make day-to-day decisions while reserving higher-level issues for the project board.
  6. Focus on Products: PRINCE2 emphasizes delivering the project's outputs and outcomes, ensuring that the final product meets quality requirements and stakeholder expectations.
  7. Tailor to Suit the Project: The methodology should be adapted to the specific needs of the project, ensuring relevance
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