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== PRINCE2 ==
 
PRINCE2 is an advanced step-by-step (input/output, planning, organizing) method in project management. The tool has a process-based approach which makes it applicable to all types of projects. The process-based approach allows the project manager to identify key activities and their connection with predecessors/inputs and future activities/outputs. The idea of PRINCE2 is to emphasize dividing the project into more manageable and controllable phases to achieve a more structured and aligned project.
 
PRINCE2 emphasize that the project is quality controlled in 4 phases to ensure the progress and quality of the project:

- Initiation (assuring a great start to the project)

- Stage boundaries (chosen stages will be evaluated to ensure the progress)

- Ad hoc direction (monitoring progress, providing advice and guidance, reacting to exception situations)

- Project closure (assuring the project is delivering scope).

PRINCE2 also utilize a technique known as ‘Product-based planning’ which requires four activities:

- Write the Project Product Description (identify the scope of the project)

- Create the product breakdown structure (create the arrangement of activities)

- Write the product descriptions (detail the activities)

- Create the product flow diagram (Gantt-chart for visibility during the project)