Learn about the fundamental themes and processes of PRINCE2: PRojects IN Controlled Environments. PRINCE2 is a process-based approach to project management providing an easily tailored and scalable method for the management of all sizes and types of projects. The method is practiced worldwide, but it is the de facto standard for project management in the UK. Here Claudine Peet reviews the seven themes and principles of PRINCE2 and the seven main processes, from initiation to delivery to closure.