1. Popular Frameworks and Methodologies
Chapter 2
Popular Frameworks and Methodologies

2. 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: Understand Agile and where Agile may be applied to manage projects. 2.5 Further develop your knowledge of PMBoK the PMBoK life cycle.

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

4. 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.

5. 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

6. 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

7. 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.

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

9. PRINCE2® – Processes

10. 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.

11. ISO 21500: 2012 Overview
Insert Figure 2.3

12. ISO 21500: 2012 Life Cycle

13. 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.

14. 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.

15. Agile – Principles Focus on customer value
Iterative and incremental delivery
Experimentation and adaptation
Self-organisation
Continuous improvement

16. Agile: Iterative, Incremental Product Development

17. Agile and Project Uncertainty

18. 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.

19. 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.

20. PMBoK – Life Cycle

21. PMBoK – Sequential Approach

22. PMBoK – Overlapping Approach
Insert Figure 2.15

23. PMBoK – Iterative Approach

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

25. PMBoK – Governance and Gates
Insert Figure 2.18

26. PMBoK Process Interactions
Insert Figure Figure 2.17 Interactions between the PMBoK process groups

27. 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)