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Frequently Asked Questions
What is PM2?
Project Management Methodology (PM2) is an agile project management methodology developed by the European Commission. This methodology is designed to provide a simple and flexible framework for managing different types of projects in a variety of organizations, including the public sector, private sector and non-profit organizations.
What is PRINCE2?
PRINCE2 is the most popular methodology for project management and quality management. Its strengths are its flexibility and adaptability to the project. Most other methodologies are unnecessarily complex or difficult to apply in practice. PRINCE2 brings best practice to the project - a set of proven practices that work in practice and are used by the best project managers.
The project is divided into stages within a lifecycle and its management is logically divided into roles and responsibilities. All of this is divided into 7 Principles 7 Processes and 7 Practices.
What are the differences between PM2 and PRINCE2?
The key differences between PM2 and PRINCE2 are their origin, approach and scope of use.
While PRINCE2 is a waterfall structured method, PM2 was developed for wide use in the public sector with a focus on universality and agility.
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