PRINCE2 LITE provides pre-tailored, best practice project management for efficient and effective project management, and provides the following benefits:
Pre-tailored for fast-track implementation
PRINCE2 LITE merges start-up with initiation plus controlling a stage with managing product delivery. The project plan is merged with the stage plan covering a single delivery stage using project-level tolerances
Is my project suitable for PRINCE2 LITE?
Attempting to define a standard simple project is not possible. One size does not fit all.
The best approach is to use the following PRINCE2 LITE benchmarks as a general guideline, and if your project aligns with several, then it is likely to be a good fit: