What are the advantages and challenges of this method?
Managing a project with the PRINCE2® method
Practical sheet REF: FIC0941 V2
What are the advantages and challenges of this method?
Managing a project with the PRINCE2® method

Author : Jacky LASSALLE

Publication date: May 10, 2026 | Lire en français

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4. What are the advantages and challenges of this method?

Applying this method to today's projects presents a unique set of advantages and challenges, requiring a balanced understanding for effective implementation.

4.1 What are the benefits of PRINCE2® for today's businesses?

The key benefits of this method for modern businesses include:

  • structure and clarity: provides a structured framework, facilitating planning and monitoring;

  • risk management: improves the identification and management of potential risks;

  • flexibility: adapts to different types and sizes of projects;

  • accountability: clearly defines roles and responsibilities within project teams;

  • ...
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