The Differences Between A Project Management Framework And Project Management Methodology

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.

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

With the exceptional growth in technology, the present day projects are often large and complex involving a significant risk. So, a Project Management Methodology enables the delivery organization to handle these projects comprehensively, systematically and in an integrated manner, which results in strategic, tactical and operational benefits.

Project management is defined by BusinessDictionary.com as, “Approach to management of work within the constraints of time, cost, and performance requirements.” Project management requires careful planning and studying all of the factors involved with in the project. Project Managers must first establish the needs of the stakeholders and provide a project plan which includes the cost and time frame the project will be completed. In addition, projects requirements should be clear and concise to ensure the Project Manager stays within

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

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

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).

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.

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

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:

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

According to A Guide to the Project Management Body of knowledge (PMBOK Guide), Third Edition, “Project Management is the application of

A project methodology or approach is the model that project managers use for the designing, planning and

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.

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