< Project Management < PRINCE2 
 
        
      PRINCE2
| PRINCE2 | Pre-Project | Initiation stage | Delivery stages (usually multiple) | Final stage | 
| Directing | Starting Up a Project (SU) | Directing a Project (DP) | ||
|---|---|---|---|---|
| Managing | Managing a Stage Boundary (SB) | Closing a Project (CP) | ||
| Initiating a Project (IP) | Controlling a Stage (CS) | |||
| Delivering | Managing Product Delivery (MP) | |||
Left to right represents time. Top to bottom represents decreasing decision-making power.
- Issue
- Work Package
- Product
- An input or output that is created from a Product Description. A product can be tested, and may be tangible or intangible.
- Product Description
- The description of a product, defining its characteristics, purpose, and quality criteria. Produced as soon as a requirement for a product is agreed upon.
- Project
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