EN
Prince 2 is a structured method for achieving effective project management that has been evolved in the UK and is currently widely used in both government and private sector at the world. At the beginning the key characteristics of evolution of PRINCE2 have been presented. In the main part of the article the has been produced of structure and main components of the PRINCE2 approach. The final part of the paper is focused on benefits and threats of the methodology utilization have been shown.