2. What are the latest developments?

The evolution of PRINCE2® since its inception in the 1980s in the United Kingdom can be summarized as follows.

• First version – PRINCE®: focused primarily on project documentation and monitoring.

• Evolution to PRINCE2®: a transformation into a more comprehensive and refined version. Its applicability has been expanded to a wide range of projects. This marks a turning point that positions PRINCE2® as a versatile, best-practice-driven management method.

• Management and evolution by AXELOS: continuous adaptation to the changing needs of modern projects, maintaining core principles while embracing innovation. This trajectory underscores the adaptability and enduring relevance of PRINCE2® in the field of project management.