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PM² (pronounced “P-M squared”) is a project management methodology developed and endorsed by the European Commission (EC). [1] [2] It is the official project management methodology of the EC, incorporating elements from a range of widely accepted best practices in project management and building heavily on PMBOK, PRINCE2, IPMA-ICB, CMMI, TEMPO, and operational experience from EU institutions.
A Guide to the Project Management Body of Knowledge — Sixth Edition provides guidelines for managing individual projects and defines project management related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle. [9] and for the first time it includes an "Agile Practice ...
HERMES 5 is a project management method which has been reduced to the essential elements and can be adapted to individual projects and organisations. [ 2 ] It provides full support with scenarios for concrete project processes, a web tool for methodical support, checklists and templates for efficient project management.
ISO 21500 was developed to offer guidance on the concepts and processes of project management with the goal of implementing processes and best practices to improve project management performance. [6] While the standard describes important concepts and processes of project management it does not provide detailed guidance and general management ...
Traditionally (depending on what project management methodology is being used), project management includes a number of elements: four to five project management process groups, and a control system. Regardless of the methodology or terminology used, the same basic project management processes or stages of development will be used.
PRINCE2 was released in 1996 as a generic project management method. [7] Since then, PRINCE2 became increasingly popular [8] and is now a de facto standard for project management in many UK government departments and across the United Nations system.