Standards Comparison

    PRINCE2

    Voluntary
    2023

    Structured project management framework for governance control

    VS

    ISO 20000

    Voluntary
    2018

    International standard for service management systems

    Quick Verdict

    PRINCE2 governs projects through principles, practices, and processes for controlled delivery, while ISO 20000 establishes certifiable service management systems for ongoing IT service reliability. Organizations adopt PRINCE2 for project success and ISO 20000 for service assurance and market trust.

    Project Management

    PRINCE2

    PRINCE2 (Projects IN Controlled Environments)

    Cost
    €€€
    Complexity
    Medium
    Implementation Time
    6-12 months

    Key Features

    • Manage by exception using tolerances for oversight
    • Continued business justification at stage boundaries
    • Tailoring to suit project scale and context
    • Defined roles and responsibilities for accountability
    • Product focus with acceptance criteria and quality
    IT Service Management

    ISO 20000

    ISO/IEC 20000-1:2018 Service management system requirements

    Cost
    €€€€
    Complexity
    High
    Implementation Time
    12-18 months

    Key Features

    • Annex SL structure for integrated management systems
    • Full service lifecycle operational processes
    • PDCA-based continual improvement requirements
    • Certifiable SMS with external audits
    • Flexible alignment with ITIL, DevOps, Agile

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    PRINCE2 Details

    What It Is

    PRINCE2® 7th Edition (Projects IN Controlled Environments) is a process-based project management framework. It delivers reliable governance, decision rights, and control for projects of any scale. Primary purpose: controlled value delivery via staged lifecycle. Key approach: principle-guided, exception-based management with tailoring.

    Key Components

    • **7 Principlesguiding obligations (e.g., continued business justification, manage by stages, tailor to suit).
    • **7 Practicesbusiness case, organizing, plans, quality, risk, issues, progress—applied continuously.
    • **7 Processesstarting up a project to closing, with board approvals at stages. Compliance via Foundation/Practitioner certification; management products like PID enable auditability.

    Why Organizations Use It

    • Repeatable governance model reduces failure risks, enables portfolio assurance.
    • Audit trails support regulatory compliance in public sectors.
    • Exception reporting frees executives for strategic decisions.
    • Tailoring boosts success over rigid use; builds stakeholder trust.

    Implementation Overview

    Phased rollout: gap analysis, tailoring blueprint, training, pilots, institutionalization. Applies to all sizes/industries globally. Focus: certification pathways, templates, coaching—no mandatory audits.

    ISO 20000 Details

    What It Is

    ISO/IEC 20000-1:2018 is the international certifiable standard for establishing, implementing, and improving a Service Management System (SMS). It provides auditable requirements for managing the full service lifecycle—planning, design, transition, delivery, and improvement—across IT and other services. Built on Annex SL high-level structure and PDCA cycle, it emphasizes risk-based thinking and flexibility in methods like ITIL or DevOps.

    Key Components

    • Clauses 4-10 cover context, leadership, planning, support, operation, performance evaluation, and improvement.
    • Operational domains in Clause 8: service portfolio, relationships, supply/demand, design/transition, resolution/fulfilment, assurance.
    • Core processes: incident/problem management, change/release, configuration/asset, availability/continuity, security.
    • Certifiable via accredited bodies with Stage 1/2 audits, surveillance, recertification.

    Why Organizations Use It

    • Drives service reliability, customer trust, risk reduction (e.g., 69% report inspired trust per BSI).
    • Enables market differentiation, procurement wins, integration with ISO 9001/27001.
    • Supports compliance in regulated sectors, operational efficiency, continual improvement.

    Implementation Overview

    • Phased: gap analysis, design, deployment, audit (12-18 months typical).
    • Applies to all sizes/industries; requires leadership, training, tools, evidence. (178 words)

    Key Differences

    Scope

    PRINCE2
    Project management lifecycle and governance
    ISO 20000
    Ongoing service management system lifecycle

    Industry

    PRINCE2
    All sectors, public/private worldwide
    ISO 20000
    Service providers, IT-focused worldwide

    Nature

    PRINCE2
    Voluntary project methodology
    ISO 20000
    Voluntary certifiable management standard

    Testing

    PRINCE2
    Practitioner exams, no formal certification
    ISO 20000
    Stage 1/2 audits, surveillance audits

    Penalties

    PRINCE2
    No penalties, loss of method compliance
    ISO 20000
    No penalties, loss of certification

    Frequently Asked Questions

    Common questions about PRINCE2 and ISO 20000

    PRINCE2 FAQ

    ISO 20000 FAQ

    You Might also be Interested in These Articles...

    Run Maturity Assessments with GRADUM

    Transform your compliance journey with our AI-powered assessment platform

    Assess your organization's maturity across multiple standards and regulations including ISO 27001, DORA, NIS2, NIST, GDPR, and hundreds more. Get actionable insights and track your progress with collaborative, AI-powered evaluations.

    100+ Standards & Regulations
    AI-Powered Insights
    Collaborative Assessments
    Actionable Recommendations

    Check out these other Gradum.io Standards Comparison Pages