Download Project Management 5e.

CHAPTER 2
Popular Frameworks and
Methodologies
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Learning Elements
2.1
Understand the various project management
frameworks available and which suit what
environments.
2.2
Achieve a high-level understanding of
PRINCE2®.
2.3
Achieve a high-level understanding of ISO
21500:2012.
2.4
Understand Agile and where Agile may be
applied to manage projects.
2.5
Further develop your knowledge of PMBoK
the PMBoK life cycle.
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Frameworks and
Methodologies
Overview of:
• PRINCE2®
• ISO 21500:2012
• Agile
• PMBoK (5th edition).
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®
PRINCE2
• Initially developed by the UK Office of
Government Commerce (now the
Cabinet Office).
• The PRINCE2® methodology offers
non-proprietary best practice guidance
on project management.
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PRINCE2® – Components
Principles
• There are seven
principles in PRINCE2®.
• All must be applied for
the project to be
PRINCE2®.
• They represent guiding
obligations and good
practice.
• Continued business
justification
• Learn from
experience
• Defined roles and
responsibilities
• Manage by stages
• Manage by
exception
• Focus on products
• Tailor accordingly
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PRINCE2® – Components
(cont.)
Themes
•
PRINCE2®
encompasses
seven themes.
• The themes describe
aspects of project
management that must
continually be attended to
throughout the life of the
project.
• Business case
• Organisation
• Quality
• Plans
• Risk
• Change
• Progress
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PRINCE2® – Components
(cont.)
Processes
• There are seven
processes.
• They detail the steps to
be taken throughout the
life of a PRINCE2®
project.
• Starting a project
• Initiating a project
• Directing a project
• Managing a stage
boundary
• Controlling a stage
• Managing product
delivery
• Closing a project
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PRINCE2® – Components
(cont.)
Tailoring
• Tailoring the process to your company’s
environment.
• Not omitting any steps or components.
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PRINCE2® – Processes
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ISO 21500:2012
• Can be described as guidance for project
management.
• Provides a high-level description of the
concepts and processes considered to
form‘good practice’in project
management.
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ISO 21500: 2012 Overview
Insert Figure 2.3
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ISO 21500: 2012 Life Cycle
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Agile
• Is related to the rolling wave planning and
scheduling project methodology.
• Uses iterations (time boxes) to develop a
workable product that satisfies the
customer and other key stakeholders.
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Agile (cont.)
• Stakeholders and customers review
progress and re-evaluate priorities to
ensure alignment with customer needs
and company goals.
• Adjustments are made and a different
iterative cycle begins that subsumes the
work of the previous iterations and adds
new capabilities to the evolving product.
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Agile – Principles
Focus on customer value
Iterative and incremental delivery
Experimentation and adaptation
Self-organisation
Continuous improvement
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Agile: Iterative, Incremental
Product Development
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Agile and Project Uncertainty
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PMBoK (5th edition)
• PMI’s Project Management Body of
Knowledge (PMBoK) provides a generic life
cycle approach.
• Can be applied to projects of all sizes and
complexities, all industries and governments.
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PMBoK (5th edition) (cont.)
• Provides valuable body of knowledge
around project management in general.
• Provides understanding of key tools and
techniques applied in other methodologies
and frameworks such as PRINCE2®,
ISO21500:2012 and Agile.
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PMBoK – Life Cycle
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PMBoK – Sequential
Approach
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PMBoK – Overlapping
Approach
• Insert Figure 2.15
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PMBoK – Iterative Approach
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PMBoK – Knowledge Areas
•
•
•
•
•
Scope
Time
Cost
Quality
Human
Resources
•
•
•
•
•
Communications
Risk
Procurement
Stakeholders
Integration
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PMBoK – Governance and Gates
• Insert Figure 2.18
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PMBoK Process Interactions
Insert Figure Figure 2.17 Interactions
between the PMBoK process groups
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Key Terms
• Australian Institute of Project Management (AIPM)
• Australian Skills Quality Authority (ASQA)
• change management
• portfolio
• program
• project
• project life cycle
• project manager
• Project Management Institute (PMI)
• Vocational Education and Training (VET)
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