PRojects IN Controlled Environments (PRINCE) is a project management method. "PRINCE2" refers to the second major version of this method. It covers the management, control and organisation of a project.
PRINCE2® is an overall project management method with a comprehensive process model, which comprises all aspects of a project, from idea to start-up, through realisation to completion. PRINCE2® contains a planning model in which the project is divided into clear stages for detailed planning, which enables the management of the organisation to secure, on an ongoing basis, that project results are supporting the business plan and live up to the defined quality.