Popular Frameworks and Methodologies Chapter 2 Popular Frameworks and Methodologies

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.

Frameworks and Methodologies Overview of: PRINCE2® ISO 21500:2012 Agile PMBoK (5th edition).

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.

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

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

PRINCE2® – Components (cont.) Starting a project Initiating a project Directing a project Managing a stage boundary Controlling a stage Managing product delivery Closing a project Processes There are seven processes. They detail the steps to be taken throughout the life of a PRINCE2® project.

PRINCE2® – Components (cont.) Tailoring Tailoring the process to your company’s environment. Not omitting any steps or components.

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

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.

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 (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.

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.

PMBoK – Life Cycle

PMBoK – Sequential Approach

PMBoK – Overlapping Approach Insert Figure 2.15

PMBoK – Iterative Approach

PMBoK – Knowledge Areas Scope Time Cost Quality Human Resources Communications Risk Procurement Stakeholders Integration

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) change management portfolio program project project life cycle project manager Project Management Institute (PMI) Vocational Education and Training (VET)