The Differences Between A Project Management Framework And Project Management Methodology

A guide to the project management body of knowledge (PMBOK guide 5th edition).Newtown Square, Pa.: Project Management Institute, Inc., (2013)

Project management (PM) system processes are essential for successful performance within an organization. ?Successful performance leads to customer delight, although insured, is totally possible through proper application and quantifiable control of project management processes?, (Akkiraju, n.d., p. 2). Project management involves components that PM mangers follow when preparing to enter into a venture. The PM use planning, hazard management, execution management, change

A Methodology is a model which the managers employ in the design, implementation and achievement of their project objectives. It contains the guidelines required for managing a project.

The Project Management Body of Knowledge (PMBOK) is a collection of processes and knowledge areas generally accepted as best practice within the project management discipline. PMBOK recognises 5 basic process groups and 9 knowledge areas typical of almost all projects. The basic concepts are applicable to projects, programs and operations. The five basic process groups are:

In this paper the word ‘project” is defined, discussed and elaborated on. The phases of a project lifecycle and its purpose are to be discussed, and how it is important for organizations to use project management to accomplish tasks will in conclusion be discussed thoroughly. The indisputable word ‘Project” may be defined in numerous unusual ways, some can all have the same meaning and others can mislead a reader. The definition that accurately explains what a project is, comes from the Houghton Mifflin Company (2009) website stating; “something that is contemplated, devised, or planned; plan; scheme.” A definition that can mislead a reader is this definition from the same website just two paragraphs

Whether you are a project manager or not, project management techniques are extremely helpful in meeting goals and objects. Project management techniques define a path to a specified goal and then supervise the implementation.

Furthermore, the way by which these methodologies work is quite simple, they essentially serve as blueprint for project managers. Blueprints that specify what tasks should be tackled and in which order. For instance, under the agile software development methodology a lot emphasis is

Out of this project management systems RIBA and PMBOK are two systems which are widely

According to the PMI (2013, p. 3) PMBOK Guide, a project can be defined as a temporary endeavour which is carried out with the intent to achieve a desired outcome. The life of projects is generally expected to follow a developmental pattern called the project life cycle that includes a pattern of development; that pattern has widely been recognized as the process groups identified in the PMBOK Guide: the initiation, planning, execution, monitoring and the closure (Kerzner, 2009, p. 44). The formal project period does not encapsulate the whole process (idea generation often precedes the formal project and diffusion into the environment often happens much later) but that is different from project to project (Lindgren & Packendorff, 2011. p. 54).

Institute, Project M. A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition, 5th Edition. PMI, 01/2013. VitalBook

In order to achieve their business objective, project management and the used methodology are key factor which will be responsible for the success or failure of this project.

Over the past few years, project managers and Project management has shown tremendous growth. Project management has evolved over the past several years from an activity in an organization to a discipline in its own right. Many professional bodies exist today to represent project management as a discipline, Some of which include, PMI, Prince2 Foundation, PM Bok.

They are not tool specific. In today's software-reliant world, the reality is that the methodology and the organization's project management software tool are often heavily intertwined. Complication and sophisticated client expectations of the latest projects reveal the flaws of traditional project management methods. In addition usually project managers are expected to make a sense of balance between client expectations and business interests and also to improve the end product, decrease cost and duration of the project (Project Management Institute 2005). The disadvantages of traditional project management method are listed below.

1. A Guide to the Project Management Body of Knowledge; PMBOK Guide. 2008 Fourth edition. United States of America. Project Management Institute, Inc.

PMBOK (Project Management Body of Knowledge) provides detailed guidelines on Change control, Stakeholder Management and Risk Management. The 5th edition of PMBOK talks about stakeholder management in Chapter 13 while Chapter 8 discusses Quality or Change