Both should be very similar. I have passed PMP but i am not aware of the exam contents for prince 2, as both are project management exams. You can visit pmi.org for more information. PMP basically details out a set a processes which must be followed for an succesfull project execution.
Let me know if you have any specific questions.
Journey is as important as the Destination.<br /> <br />PMP, SCJP, SCJD, SCEA (Part 1), SCMAD, SCDJWS
PRINCE2 (PRojects IN Controlled Environments) is a process-based method for effective project management.
PRINCE2 is a de facto standard used extensively by the UK Government and is widely recognised and used in the private sector, both in the UK and internationally.
The method PRINCE2 is in the public domain, offering non-proprietorial best practice guidance on project management. PRINCE2 is a registered trademark of OGC.
The key features of PRINCE2 are:
Its focus on business justification A defined organisation structure for the project management team Its product-based planning approach Its emphasis on dividing the project into manageable and controllable stages Its flexibility to be applied at a level appropriate to the project.
I recently looked into the processes of getting certified under both systems, and the PMI approach struck me as significantly more bureaucratic (like, file thousands of hours of PM experience - I wonder who and how is going to check this?). (A correction for the "who and how" part - the PMI audit process discussed in this thread). [ December 07, 2007: Message edited by: Edvins Reisons ]