Lecture Project management in practice - Chapter 2: Popular frameworks and methodologies

Chapter 2 - Popular frameworks and methodologies. After you have mastered the material in this chapter, you will be able to: Understand the various project management frameworks available and which suit what environments, achieve a high-level understanding of PRINCE2®, achieve a high-level understanding of ISO 21500:2012, understand Agile and where Agile may be applied to manage projects.

CHAPTER 2

Popular Frameworks and

Methodologies

Frameworks and Methodologies

PRINCE2 ®

• Initially developed by the UK Office of

Government Commerce (now the

Cabinet Office).

non-proprietary best practice guidance

on project management.

• They represent guiding

obligations and good

• Continued business

justification

• Learn from experience

• Defined roles and

• They detail the steps to

be taken throughout the

PRINCE2 ® – Processes

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.

ISO 21500: 2012 Overview

Insert Figure 2.3

ISO 21500: 2012 Life Cycle

• Is related to the rolling wave planning and

scheduling project methodology.

• Uses iterations (time boxes) to develop a

workable product that satisfies the

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.

Agile – Principles

Focus on customer value

Iterative and incremental delivery

Experimentation and adaptation

Self-organisation Continuous improvement

Agile: Iterative, Incremental

Product Development

Agile and Project Uncertainty

PMBoK (5 th edition)

• PMI’s Project Management Body of

Knowledge (PMBoK) provides a generic life cycle approach

• Can be applied to projects of all sizes and

PMBoK (5 th edition) (cont.)

• Provides valuable body of knowledge

around project management in general.

• Provides understanding of key tools and

techniques applied in other methodologies

PMBoK – Life Cycle

PMBoK – Sequential

Approach

PMBoK – Overlapping

Approach

• Insert Figure 2.15

PMBoK – Iterative Approach

PMBoK – Knowledge Areas

PMBoK – Governance and Gates

• Insert Figure 2.18

PMBoK Process Interactions

Insert Figure Figure 2.17 Interactions

between the PMBoK process groups

Key Terms

• Australian Institute of Project Management (AIPM)

• Australian Skills Quality Authority (ASQA)