Manage by Stages: By definition, PRINCE2 Project Management requires breaking the project into smaller stages.In PRINCE2, a role will fall into either a project board, project manager or team level position and the responsibilities will differ depending on what role the individual is assigned. Defined Roles and Responsibilities: An individual project team member might have many roles on different aspects of the project and could be responsible for many different tasks within a stage.Learn from Experience: As the team progresses through each stage, a log or diary should be kept so that successful strategies can be recycled at different stages and unsuccessful occurrences do not get repeated.Continued Business Justification: This document should be continually updated as the project progresses, so that it remains feasible.These principles cannot be adjusted in any way. PRINCE2 Project Management is based on seven principles that must be integrated into the project in order for it to be considered as managed with the PRINCE2 method.
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