PRINCE2 (Projects IN Controlled Environments) is a structured project management methodology developed and owned by Axelos. It gives project managers a repeatable, scalable framework for planning, delegating, monitoring, and controlling projects — regardless of sector, size, or complexity. Version 7, released in 2023, updated the framework to reflect modern delivery environments including agile, hybrid working, and sustainability considerations.
PRINCE2 certification is particularly prevalent in the Irish public sector, HSE, EU-funded projects, construction, and infrastructure. Many public sector tenders and EU grant programmes specify PRINCE2 or equivalent as a prerequisite for project leads. Unlike PMP, PRINCE2 does not require experience hours to sit the exam — making it accessible to professionals at any stage of their career.