What are the 6 variables of PRINCE2?
Since 2017, there have been 6 performance targets in PRINCE2: costs, timescales, quality, scope, risk and benefits. However, with the most recent version of PRINCE2 (7th edition) in September 2023, PRINCE2 introduced a 7th performance target for sustainability. This was driven by the United Nations sustainability goals.
The PRINCE2 guidance recommends setting tolerances for each of these performance targets to help manage the project effectively. The project manager is responsible for monitoring the project against these tolerances, and if necessary, escalating any exceptions to the project board for decision-making. This helps to ensure that the project remains within the agreed limits and is delivered successfully.
PRINCE2 related articles
Interview with Myles Benham
In this video, Myles Benham’s shares his transformative journey with his insightful review of taking a PRINCE2 course with Knowledge Train.
PRINCE2 processes: Free ebook
Deepen your understanding of PRINCE2 processes with this free ebook, an essential guide for those sitting the PRINCE2 Foundation exam.
PRINCE2 stages
Explore the rationale behind the 'manage by stages' principle in PRINCE2 and its benefits for project management. Learn more by scrolling down.
How PRINCE2 qualifications can help your career
PRINCE2 is a project management methodology used widely in the public, private, and third sectors.
Interview with Elizabeth Moon
In this video, Elizabeth Moon describes her experience of taking a PRINCE2 Foundation and Practitioner course with Knowledge Train.
PRINCE2 popularity
Explore the rising global popularity of PRINCE2 and its benefits for project management professionals. Scroll down for updates and an insightful infographic.
Foods to eat before your exam
Boost your exam performance with brain-enhancing foods. Learn which foods to consume before your exam by reading this guide.
PRINCE2 helped this student get a job
Many people ask us if PRINCE2 gets you a job or helps you progress in your career. The simple answer is – yes! This interview with Lisa Gobell, a former Knowledge Train student, proves how valuable PRINCE2 is to your project management career. Read on to find out more!
PRINCE2 podcasts
Enhance your PRINCE2 learning with our podcasts, narrated by an experienced project manager. Perfect for complementing your course studies.
PRINCE2 exam pass rates
Curious about PRINCE2 exam pass rates? Read this article to understand the statistics and how they may influence your training choice.
People in PRINCE2: Free ebook
Understand the people aspect of PRINCE2 with our free ebook. Ideal for those preparing for the PRINCE2 Foundation course.
How to pass your Practitioner PRINCE2 exam
Get expert advice on passing the Practitioner PRINCE2 exam with our practical guide. Read on for invaluable tips and insights.