Prince 2 is a flexible project management method, suitable for use on any type of project. It has been derived from professional Project Managers' experiences and refined over years of use in a wide variety of contexts. "Prince 2: A Practical Handbook" demonstrates how using "Prince 2" can provide a business-like start to a project, ensuring its viability and the effective use of resources before any large-scale expenditure is undertaken. It covers the main management concerns about a project such as initiation, controlling products, quality, risks, change and project closure, and concludes with descriptions of the normal management products of a project. It assessed as conformant with the concepts of "Prince Version 2" by the Prince User Group Ltd. This book is fully updated and revised to reflect the year 2001. The changes to "Prince 2" relates "Prince 2" to the practical issues of setting up and running a project.