PRINCE2 has a number of components as follows:

• Business Case – The justification behind the project.
• Organisation – The way in which the personnel involved in the project are structured.
• Plans – Documents describing what the project should accomplish, how the work should be carried out, when it should be carried out and by whom.
• Controls – The way in which the project manager and project board should exercise control over the project.
• Management of Risk – The way in which the project should approach and manage risk.
• Quality in a Project Environment – The way in which the project should ensure that a quality product is delivered.
• Configuration Management – The way in which the project's products are identified and tracked.
• Change Control – The way in which the project manages any changes to specification or scope of its products.