PRINCE2 - PRojects IN Controlled Environments - is a major worldwide project management framework, or methodology. It takes a different approach than the PMI’s PMBOK, but the goal of both is to improve project performance. While PMBOK is generally well-accepted worldwide, it is by far the leading approach in North America. PRINCE2 on the other hand is strongest in the United Kingdom, with a strong presence in Europe, Australia, and other typically English-speaking countries outside North America. But both are expanding there reach on a constant basis as the world gradually “projectizes.”