PRINCE2 assigns specific roles to stakeholders, ensuring clear responsibilities. PMBOK provides recommendations but allows organisations to define roles according to their needs.
Risk management is a formalised process in PRINCE2, whereas PMBOK allows for custom risk strategies.
PRINCE2's rigid governance model suits structured projects, while PMBOK is adaptable to different industries.
Certification requirements vary, with PRINCE2 recognised in Europe and PMBOK's PMP certification valued internationally.
Both frameworks offer effective governance structures, and the choice depends on organisational needs.