Standards Comparison

    PRINCE2

    Voluntary
    2023

    Structured methodology for controlled project environments

    VS

    ISO 30301

    Voluntary
    2019

    International standard for records management systems

    Quick Verdict

    PRINCE2 provides structured project governance for controlled delivery across industries, while ISO 30301 establishes certifiable records management systems for evidence and compliance. Organizations adopt PRINCE2 for repeatable project success and ISO 30301 for auditable records accountability.

    Project Management

    PRINCE2

    PRINCE2 7th Edition (Projects IN Controlled Environments)

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

    Key Features

    • Manage by exception using tolerances for efficiency
    • Mandatory tailoring to project context and scale
    • Continued business justification at stage boundaries
    • Product focus with defined acceptance criteria
    • Governance model via project board directing
    Records Management

    ISO 30301

    ISO 30301:2019 Management systems for records requirements

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

    Key Features

    • High-Level Structure for MSS integration
    • Normative Annex A operational controls
    • Explicit records requirements analysis (4.1.2)
    • Flexible conformity pathways including certification
    • Risk-based planning and measurable objectives

    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 provides structured governance, decision rights, and control for projects of any scale. The methodology emphasizes value delivery through staged progression, tolerances, and tailoring to context.

    Key Components

    • **Seven PrinciplesGuiding obligations like continued business justification, manage by exception, and tailoring.
    • **Seven PracticesBusiness case, organization, plans, quality, risk, issues, progress.
    • **Seven ProcessesStarting up, directing, initiating, controlling stage, managing delivery, stage boundaries, closing.
    • Certification via Foundation and Practitioner levels.

    Why Organizations Use It

    • Ensures repeatable governance and auditability.
    • Reduces executive micromanagement via exceptions.
    • Supports compliance in regulated sectors.
    • Improves success through tailoring and lessons learned.
    • Builds stakeholder trust with clear roles.

    Implementation Overview

    • Phased rollout: gap analysis, tailoring blueprint, training, pilots.
    • Scalable for all sizes; voluntary certification.
    • Focuses on management products like PID, registers.

    ISO 30301 Details

    What It Is

    ISO 30301:2019 is the international certifiable standard for Management Systems for Records (MSR). It specifies requirements to establish, implement, maintain, and improve records management supporting organizational mandate, mission, and goals. Applicable to any organization, it uses a High-Level Structure (HLS) with risk-based planning and PDCA cycle.

    Key Components

    • Clauses 4–10 cover context, leadership, planning, support, operation, evaluation, improvement.
    • Annex A (normative) details operational controls for records lifecycle.
    • Core principles: authenticity, reliability, integrity, usability.
    • Conformity via self-declaration, external confirmation, or third-party certification.

    Why Organizations Use It

    • Ensures compliance, auditability, risk mitigation (e.g., loss, alteration).
    • Enhances governance, efficiency, transparency.
    • Builds stakeholder trust; integrates with ISO 9001, 27001.

    Implementation Overview

    • Phased: gap analysis, policy design, operational controls, audits.
    • Scalable for any size/sector; 9–18 months typical.
    • Involves training, resources, internal audits for certification.

    Key Differences

    Scope

    PRINCE2
    Project management governance and delivery
    ISO 30301
    Records management system requirements

    Industry

    PRINCE2
    All sectors worldwide, any size
    ISO 30301
    All organizations globally, scalable

    Nature

    PRINCE2
    Voluntary project methodology, certification
    ISO 30301
    Voluntary management system standard, certifiable

    Testing

    PRINCE2
    Practitioner exams, project audits
    ISO 30301
    Internal audits, management reviews, certification

    Penalties

    PRINCE2
    No legal penalties, certification loss
    ISO 30301
    No legal penalties, certification loss

    Frequently Asked Questions

    Common questions about PRINCE2 and ISO 30301

    PRINCE2 FAQ

    ISO 30301 FAQ

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