Module 2: PRINCE2 Principles (The 7 Principles)
- Continued business justification
- Learn from experience
- Defined roles, responsibilities, and relationships
- Manage by stages
- Manage by exception
- Focus on products
- Tailor to suit the project
Starts from
EUR 2020
Course Overview
Overview
Course Highlights
Eligibility Criteria
Benefits
Exam Format
Certification Cost
Your Route to Structured Project Delivery
Invensis Learning is a Peoplecert Accredited Training Organization (2778) in Reykjavik, approved to deliver official PRINCE2 Foundation and Practitioner Certification training using accredited courseware and standards.
of the PRINCE2 Certification Training Course
Do You Qualify for the PRINCE2 Exam?
Of Earning Both PRINCE2 Credentials
What to expect on exam day
The PRINCE2 certification in Iceland is delivered in two exams: Foundation and Practitioner. Foundation tests your understanding of the method; Practitioner tests your ability to apply and tailor PRINCE2 in a project scenario. Both exams are administered by PeopleCert online or at approved test centers.
Roles, Demand and Pay
PRINCE2 has become a trusted marker of structured project delivery across Reykjavik, valued by government bodies, energy and utility firms, banks and IT services companies that run governance-heavy projects. As Iceland invests in digital transformation, renewable energy and infrastructure, employers increasingly want project managers who can plan, govern and control delivery. Demand runs from project coordinator up to project manager and PMO lead, and here is what the local market is showing right now.
PRINCE2 is more than a certificate. It is a career advantage for project professionals in Reykjavik. Join those who deliver projects with control and confidence, and take the next step today.
Iceland's project market is growing with digital transformation, energy investment and public infrastructure, and employers increasingly separate certified project leaders from the rest. Here is which side of that line PRINCE2 puts you on.
Sources: SalaryExpert, Glassdoor, ERI (Reykjavik) 2026.
Step-by-Step Certification Process
The PRINCE2 certification path in Reykjavik is straightforward. You complete the accredited 35 contact hours, sit the Foundation exam, then progress to Practitioner. Both exams are administered by PeopleCert online or at approved test centers. Once you pass, you join the global community of 1,000,000+ PRINCE2-certified practitioners.
of the PRINCE2 Foundation & Practitioner
The PRINCE2 exam in Reykjavik tests your understanding of the seven principles, seven practices, and seven processes, alongside the people element, project context, and tailoring. The course is organized as follows, so each area is covered in depth with real-world scenarios.
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Sets the stage for both exams, since every later module builds on the framework introduced here.
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Foundation to Practitioner
This PRINCE2 training builds method knowledge, practical application skills and exam readiness across both levels. By the end you can work within a PRINCE2 project and apply and tailor the method to real scenarios.
Apply the seven principles, from continued business justification to manage by exception, that underpin every PRINCE2 project and guide sound decisions.
Use the People capability introduced in PRINCE2 7 to lead teams, engage stakeholders and manage the human side of project delivery.
Work with Business Case, Organising, Plans, Quality, Risk, Issues and Progress to keep projects controlled, justified and on track.
Run a project end to end, from Starting Up and Initiating through Controlling a Stage to Closing a Project, with clear roles and management products.
Apply and tailor PRINCE2 7 to different project contexts, scales and delivery approaches, including agile, as tested at Practitioner level.
Prepare for the closed-book Foundation exam and the open-book, scenario-based Practitioner exam with practice questions and proven exam strategy.
PRINCE2 Certification Training in Reykjavik?
Project Managers
Team Managers
Team Leads
Product Delivery Managers
Project Support Analysts
PMO Analysts
Operational Line Managers leading projects
Program Managers transitioning into structured PM
Business Analysts working alongside project teams
Consultants advising on project governance
IT, Construction, Engineering, and Public Sector PMs
Anyone preparing for PRINCE2 Foundation and Practitioner
Project Board Members (Executive, Senior User, Senior Supplier)

for Professionals and Teams
We offer flexible training formats designed to suit different learning preferences, schedules, and professional goals. Whether you prefer classroom learning, live online sessions, team-based learning, or personalized coaching, choose the option that best supports your PRINCE2 certification journey.
Instructor-led classroom sessions
Interactive discussions and group activities
Real-world examples and practical exercises
Structured learning with fixed schedules
Opportunities for peer networking and collaboration
Practice assessments and knowledge checks
Dedicated Q&A and concept clarification
Immediate trainer feedback and support
Learn through face-to-face sessions led by experienced instructors in a collaborative classroom environment. This Classroom PRINCE2 training format combines expert guidance, peer interaction, and hands-on activities to create an engaging learning experience.
Official PeopleCert (AXELOS) Course Material
Best For: Learners who prefer in-person interaction, structured schedules, and collaborative learning experiences.
Customized training aligned to organizational goals
Flexible delivery: onsite, virtual, hybrid, or blended
Scheduling tailored to business availability
Role-based examples and industry-relevant discussions
Progress tracking and learner assessments where applicable
Dedicated coordination and administrative support
Consistent learning experiences across teams
Scalable delivery for local, regional, or global workforces
Designed for organizations that want to strengthen project governance capabilities, standardize project management practices, and support workforce development through customized learning initiatives. This format is ideal for PRINCE2 training for companies in Reykjavik looking to build project management capability across teams.
Official PeopleCert (AXELOS) Course Material
Best For: Organizations looking to upskill employees, address capability gaps, and deliver consistent training across teams.
One-to-one instructor attention
Customized learning plans and objectives
Flexible scheduling based on availability
Personalized feedback and coaching
Additional focus on challenging topics
Targeted practice and revision support
Faster clarification of questions and concepts
Learning pace is adapted to individual needs
Receive personalized instruction tailored to your goals, pace, and learning requirements through dedicated sessions with an expert trainer. This format provides PRINCE2 coaching for professionals seeking individualized support with project management concepts, examination preparation, and practical application of the PRINCE2 methodology.
Official PeopleCert (AXELOS) Course Material
Best For: Professionals seeking personalized guidance, accelerated learning, or focused support to achieve specific outcomes.

Live online instructor-led sessions
Interactive discussions and virtual activities
Expert guidance from experienced trainers
Practice assessments and revision support
Dedicated Q&A sessions for concept clarification
Fixed schedules for accountability and momentum
Small batch sizes for personalized attention
Access from any location with internet connectivity
Starts from
EUR 2020
Please Note: Attend fully interactive online sessions from anywhere while benefiting from real-time instructor guidance and collaborative learning experiences. This Virtual PRINCE2 training option provides the convenience of remote participation while maintaining instructor engagement.
Official PeopleCert (AXELOS) Course Material
Best For: Professionals seeking the flexibility of online learning without compromising on live instructor interaction.
For PRINCE2 Foundation and Practitioner Training in Reykjavik
Invensis Learning delivers structured PRINCE2 Foundation and Practitioner training for professionals and organisations that want to lead projects with a globally recognised method. As a PeopleCert Accredited Training Organisation, we combine accredited trainers, PRINCE2 7 aligned courseware, flexible delivery and dedicated learner support. Whether you enrol as an individual or arrange corporate training for your team in Reykjavik, you get an experience built around practical understanding, exam readiness and real-world application.
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Instructor-led in-person Classroom training is available for group batches. All other public cohorts are delivered as Instructor-led Live Virtual. See available cohorts
PRINCE2 Foundation & Practitioner Training Location in Reykjavik
Hilton Reykjavik Nordica, 2, Suðurlandsbraut, Háaleiti, Háaleiti og Bústaðir, Reykjavíkurborg, Höfuðborgarsvæðið, 108, Ísland
PRINCE2 Foundation & Practitioner Training Location in Reykjavik
Grand Hotel Reykjavik, 38, Sigtún, Teigar, Laugardalur, Reykjavíkurborg, Höfuðborgarsvæðið, 105, Ísland
Passed Both Exams with Confidence
"The combined training gave me a clear path through both levels. The Foundation content built my confidence, and the scenario practice for Practitioner made the open-book exam far less daunting. I passed both and now lead projects with real structure."
Jon Sigurdsson
IT Project Manager
0/0
A Strong Start in Project Management
"As someone new to project management, the trainers explained the seven principles and processes in a way that clicked. I use the PRINCE2 vocabulary every day now and feel ready to step up into a project manager role."
Anna Kristjansdottir
Project Coordinator
0/0
Practical and Relevant to Real Projects
"The tailoring and risk sessions were directly relevant to the large energy projects I work on. Learning how to govern projects stage by stage has already improved how our team reports progress and manages issues."
Olafur Magnusson
Project Manager, Energy Sector
0/0
Consistent Governance Across Our Team
"We enrolled a team for the combined programme and the delivery was well organised around our schedule. Our project staff now share one governance language, and handovers between stages are noticeably smoother."
Sigrun Halldorsdottir
L&D Manager, Financial Services
0/0
The Right Method for Our PMO
"Standardising on PRINCE2 across our PMO was overdue. The corporate training was tailored to our public sector context, and the accredited trainers kept the sessions practical. Delivery predictability has improved since."
Bjarni Thorsson
Head of PMO, Public Sector
0/0
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Here's everything you may ask...
PRINCE2 Foundation and Practitioner is a two-level project management qualification from PeopleCert and AXELOS. Foundation confirms you understand the PRINCE2 method, while Practitioner proves you can apply and tailor it to real projects. Both are based on PRINCE2 7th Edition (2023).
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