PMBOK® Guide vs. PRINCE2®
Project Management Body of Knowledge (PMBOK ® ) Guide isthe Standard brought out by the PMI®, USA, for management ofIndividual Projects
PRojects IN a Controlled Environment’ (PRINCE2®), is a
structured method for effective Project Management, which isbeing continued to be developed by the Office of GovernmentCommerce (OGC), UK.
Development of these standards in USA and Europe have fewcommonalities, but have also depicted different approaches toProject Management.