Montolivo has played his best football under the former Fiorentina coach.
"It is a bit odd for me having Prandelli here as Italy Coach. I think he's the first to be excited and fired up by this new adventure," said Montolivo.
"The World Cup experience was unique as far as I am concerned, but the results were disappointing and we'll try to make up for that.
"South Africa taught lessons to those who remain in the squad and we won't be making those mistakes again."