Thursday, August 27, 2020

Project Management Standards

Project management ensures their successful implementation and begins with an assessment of the scope of work, determining the types and quantities of resources, including time, as well as acceptable levels of quality and risks. This is an important part of the enterprise management system, which consists of planning, procedures for reducing the risks of deviations from the planned plans, as well as change management roi specialist salary.

Modern project management can be carried out in accordance with the most current international standards. The "Big Three" standards are: Project Management Body Of Knowledge versions 5.0 and 6.0 (PMBOK, Project Management Body of Knowledge), Projects in Controlled Environments version 2 (PRINCE2, Projects in Controlled Environments) and the well-known Scrum. Note that PMBOK and Scrum are especially popular in Ukraine. Each of these standards helps ensure the success of projects.

For PMBOK and PRINCE2, the following stages of project management are distinguished: planning, initiation, execution, transfer into operation. The Scrum standard implies dividing the progress of projects into small periods of time called sprints. Here, the main steps are planning, implementing and delivering the result of each individual sprint.

Application of one or another project management standard can take into account the specifics of business activities. For example, for strategic breakthrough projects, it is better to use PMBOK, since it is based on preliminary planning. Flexibility is important for small projects, so the Scrum standard is optimal here. It will also be useful if you need to implement several projects that involve active interaction of various specialists, as is the case when using DevOps approaches. Interestingly, in the PMBOK 6.0 standard, a methodology for managing large projects has been developed, which provides for the possibility of splitting projects into stages. At the same time, project management within these stages is actually carried out in accordance with the Scrum standard.

IT project management in software development, system integration or IT training companies is most often carried out according to two basic models "Waterfall" or "Spiral". The choice is made based on the scale of the project and the volume of changes. For development companies, the "Waterfall" model is used, which allows you to manage sequential work based on separation into separate stages, from the initiation of each stage to its completion. If projects are being implemented, for example, for service support or scaling of IT infrastructure, then it is more expedient to use the Spiral model.

It is important to understand that each project is unique, therefore, the approaches to its implementation are individual. Standards and methodologies are not dogma, their choice is based on the requirement to create "business value", necessity, efficiency, as well as cost estimates to obtain results.

Experts identify general trends in the development of project management methodologies and standards in world practice. Now there is a convergence of seemingly significantly different classical and "agile" project management methods to maximize the benefits.

You can learn more about PMBOK , PRINCE2, and Scrum by successfully completing relevant curricula developed by educational centers and business schools.

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