What are the six types of tolerances in the PRINCE2 methodology?
What are the six types of tolerances in the PRINCE2 methodology?

What are the six types of tolerances in the PRINCE2 methodology?

Until September 2023, PRINCE2 recommended 6 tolerances for projects. These were:

  • Time/schedule tolerance - the range of time that the project or stage must be delivered within;
  • Cost/budget tolerance - the range of cost that the project or stage must be delivered within;
  • Scope tolerance - the acceptable range of scope that must be delivered;
  • Risk tolerance - the amount of risk that can be tolerated on a project;
  • Quality tolerance - the range of quality that is acceptable on a project;
  • Benefits tolerance - an acceptable range of benefits that will make the project worthwhile.

However, with the launch of the most recent (7th edition) of PRINCE2 in September 2023, a 7th performance target for sustainability was introduced.

Last edited on: 22 Jul 2025


PRINCE2 FAQs

How many levels of plan are there in PRINCE2?
Is APM better than PRINCE2?
Is APM PMQ better than PRINCE2?
Is APM the same as PRINCE2?
Is CAPM better than PRINCE2?
Is it better to do PRINCE2 or PRINCE2 Agile?
Is MSP better than PRINCE2?
Is MSP the same as PRINCE2?
Is PMP easier than PRINCE2?
Is PMP or PRINCE2 better?
Is PRINCE2 Agile better than PRINCE2?
Is PRINCE2 Agile or waterfall?
Is PRINCE2 compatible with Agile?
Is PRINCE2 equivalent to APM?
Is PRINCE2 good for small projects?
Is PRINCE2 obsolete?
Is PRINCE2 or AgilePM better?
Is PRINCE2 still being used?
Is PRINCE2 suitable for programme management?
Is PRINCE2 the same as waterfall?
Should I do PRINCE2 or Agile?
Should I do PRINCE2 or APM?
Should I do PRINCE2 or PRINCE2 Agile?
Should I take PMP or PRINCE2?
What are PRINCE2 project controls?
What are the 6 variables of PRINCE2?
What are the minimum number of stages in PRINCE2?
What are the six types of tolerances in the PRINCE2 methodology?
What are the three types of management products in PRINCE2?
What is a PRINCE2 product breakdown structure?
What is better, PRINCE2 or Agile?
What is the difference between Agile and PRINCE2?
What is the difference between AgilePM and PRINCE2?
What is the difference between APM and PRINCE2?
What is the difference between PMBOK and PRINCE2?
What is the difference between PMI and PRINCE2?
What is the difference between PRINCE2 6 and 7?
What is the difference between PRINCE2 and Agile project management?
What is the difference between Project Management Institute and PRINCE2?
What is the latest edition of PRINCE2?
When was PRINCE2 last updated?
See all PRINCE2 FAQs

PRINCE2 related articles

PRINCE2 training course reviews
PRINCE2 training course reviews
image
Watch video reviews from students who attended a PRINCE2 training course with Knowledge Train. Click through to hear about their experiences.
PRINCE2 study formats
PRINCE2 study formats
image
Compare the four study formats for PRINCE2 certification to find the best fit for your learning style and schedule. Read on for details.
PRINCE2 stages
PRINCE2 stages
image
Explore the rationale behind the 'manage by stages' principle in PRINCE2 and its benefits for project management. Learn more by scrolling down.
Knowledge Train's PRINCE2 exam results
Knowledge Train’s PRINCE2 exam results
image
Understand why Knowledge Train's PRINCE2 exam pass rates exceed the national average and how their approach can benefit you. Scroll down for insights.
PRINCE2 Foundation exam mock questions
PRINCE2 Foundation exam mock questions
image
Access a full PRINCE2 Foundation exam sample for free. Perfect for assessing your readiness for the actual exam.
PRINCE2® qualifications and AXELOS membership
PRINCE2 renewal and AXELOS membership
image
Understand the validity of your PRINCE2 qualification and how AXELOS membership can benefit your career. Learn more about renewal processes by reading on.
PRINCE2 popularity
PRINCE2 popularity
image
Explore the rising global popularity of PRINCE2 and its benefits for project management professionals. Scroll down for updates and an insightful infographic.
People in projects: Free ebook
People in projects: Free ebook
image
Understand the people aspect of PRINCE2 with our free ebook. Ideal for those preparing for the PRINCE2 Foundation course.
Interview with Myles Benham
Interview with Myles Benham
image
In this video, Myles Benham’s shares his transformative journey with his insightful review of taking a PRINCE2 course with Knowledge Train.
image
PRINCE2 exam pass rates
image
Curious about PRINCE2 exam pass rates? Read this article to understand the statistics and how they may influence your training choice.
PRINCE2 helped this student get a job
PRINCE2 helped this student get a job
image
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 benefits, advantages and disadvantages
PRINCE2 benefits, advantages and disadvantages
image
Evaluate the benefits and potential drawbacks of PRINCE2 to see how it fits into your career development. Scroll down for a balanced view.

This website use cookies.