Standards Comparison

    PRINCE2

    Voluntary
    2023

    Structured project management methodology for governance control

    VS

    ISO 28000

    Voluntary
    2022

    International standard for supply chain security management systems.

    Quick Verdict

    PRINCE2 provides structured project governance for all sectors, while ISO 28000 establishes security management systems for supply chains. Organizations adopt PRINCE2 for controlled delivery and ISO 28000 for risk reduction and resilience.

    Project Management

    PRINCE2

    PRINCE2 7th Edition (Projects IN Controlled Environments)

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

    Key Features

    • Seven principles as guiding compliance obligations
    • Manage by exception using tolerances
    • Manage by stages with board authorizations
    • Mandatory tailoring to project context
    • Product focus with acceptance criteria
    Supply Chain Security

    ISO 28000

    ISO 28000:2022 Security management systems — Requirements

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

    Key Features

    • Risk-based approach aligned with ISO 31000
    • PDCA cycle for continual security improvement
    • Supply chain interdependencies and supplier controls
    • Top management leadership and commitment required
    • Integration with business continuity ISO 22301

    Detailed Analysis

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

    PRINCE2 Details

    What It Is

    PRINCE2 7th Edition, officially Projects IN Controlled Environments, is a structured project management methodology and governance framework. It provides reliable control, decision rights, and value delivery across projects of varying scale via principle-guided, practice-enabled processes.

    Key Components

    • **Three pillars7 principles (guiding obligations), 7 practices (business case, organization, plans, quality, risk, issues, progress), 7 processes (starting up to closing).
    • Built on staged lifecycle, tolerances, and management products like PID.
    • **CertificationFoundation/Practitioner levels via PeopleCert.

    Why Organizations Use It

    • Ensures continued business justification and exception management.
    • Provides auditability, scalability, and tailoring for success.
    • Reduces risks, improves governance, builds stakeholder trust in regulated sectors.
    • Enables hybrid/agile integration for competitive delivery.

    Implementation Overview

    • **Phased adoptiongap analysis, tailoring blueprint, training, pilots, institutionalization.
    • Applies to all sizes/industries; focuses on roles, tolerances, assurance.
    • No mandatory audits; voluntary certification paths. (178 words)

    ISO 28000 Details

    What It Is

    ISO 28000:2022 is an international standard specifying requirements for establishing, implementing, maintaining, and improving a security management system (SMS) focused on supply chain security. It adopts a risk-based, PDCA (Plan-Do-Check-Act) approach, applicable to all organization sizes and sectors.

    Key Components

    • Clauses 4-10 cover context, leadership, planning, support, operation, evaluation, and improvement.
    • Emphasizes risk assessment (aligned with ISO 31000), operational controls, and security plans.
    • Built on harmonized ISO structure for integration with standards like ISO 22301 and ISO 27001.
    • Supports third-party certification via ISO 28003.

    Why Organizations Use It

    • Reduces security risks like theft, sabotage, and disruptions.
    • Meets contractual, regulatory, and insurance requirements.
    • Enhances resilience, market access, and stakeholder trust.
    • Provides competitive edge through certified assurance.

    Implementation Overview

    • Phased: gap analysis, risk assessment, controls deployment, audits.
    • Scalable for SMEs to multinationals in logistics, manufacturing, etc.
    • Involves training, supplier controls, and management reviews; certification optional but common.

    Key Differences

    Scope

    PRINCE2
    Project management and governance
    ISO 28000
    Supply chain security management

    Industry

    PRINCE2
    All sectors, global applicability
    ISO 28000
    Logistics, manufacturing, global supply chains

    Nature

    PRINCE2
    Voluntary project methodology
    ISO 28000
    Voluntary certification standard

    Testing

    PRINCE2
    Stage reviews, exception reports
    ISO 28000
    Internal audits, management reviews

    Penalties

    PRINCE2
    No legal penalties
    ISO 28000
    Loss of certification

    Frequently Asked Questions

    Common questions about PRINCE2 and ISO 28000

    PRINCE2 FAQ

    ISO 28000 FAQ

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