Studying for PRINCE2® helps the students to do the following:

• Define why a project is necessary.
• Describe the requirements of a project; specify the quality it needs to deliver; estimate the resources required and the timescales involved.
• IPrepare a business case to justify time, effort and resources spent.
• Create and put into effect a project management plan.
• Create and use communications with all stakeholders using clear and commonly accepted terms.
• Manage project boundaries.
• Manage changes on a project.
• Monitor progress against objectives.
• Create and use a project budget.
• Begin and end a project in a controlled fashion.

• Continued business justification: there must be an explainable and defendable purpose in running and managing the project. If not, it must be closed.
• Learn from experience: PRINCE2® project teams continually draw upon lessons learned from previous work.
• Defined roles and responsibilities: the PRINCE2® project team should be clearly organised involving the right people in the right tasks.
• Manage by stages: PRINCE2® means planning, monitoring and controlling step by step.
• Manage by exception: those within the project need the authority to work effectively within it.
• Focus on products: PRINCE2® focuses on defining the product, delivery and the quality required.
• Tailor to suit the project environment: PRINCE2® must adapt to the environment and culture within which the project sits; it needs to be capable of being amended according to its size, complexity, importance, capability and risks.

• Reduced costs compared with a full classroom course.
• Students can learn at their own pace.
• Less time away from workplace for students.
• Provides consistent training across multiple locations.
• Training is easier to schedule.