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

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CHAPTER 2
Popular Frameworks and
Methodologies

Copyright © 2013 McGraw-Hill Education (Australia) Pty Ltd
Pearson, Larson, Gray, Project Management in Practice, 1e

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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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Pearson, Larson, Gray, Project Management in Practice, 1e

2-3


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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2-4



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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2-5



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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2-6



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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2-8


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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Pearson, Larson, Gray, Project Management in Practice, 1e

2-10


ISO 21500: 2012 Overview
Insert Figure 2.3

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2-11


ISO 21500: 2012 Life Cycle

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2-12


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.


Copyright © 2013 McGraw-Hill Education (Australia) Pty Ltd
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2-13


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.

Copyright © 2013 McGraw-Hill Education (Australia) Pty Ltd
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2-14


Agile – Principles
Focus
Focus on
on customer
customer value
value
Iterative
Iterative and

and incremental
incremental delivery
delivery
Experimentation
Experimentation and
and adaptation
adaptation
Self-organisation
Self-organisation
Continuous
Continuous improvement
improvement
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2-15


Agile: Iterative, Incremental
Product Development

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Agile and Project Uncertainty

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PMBoK (5 edition)
th

• 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 (5 edition) (cont.)
th

• 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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2-19


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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