MPMM Method123 Project Management Methodology

Project Management Best Practices

MPMM helps you implement Project Management Best Practices, because it's aligned with the worldwide best practice Project Management standards: PMBOK® (Project Management Body of Knowledge) and PRINCE2® (PRojects IN Controlled Environments).

By aligning with these standards, MPMM has become a leader in the Project Management Methodology market. We will explain more about this alignment below.

	What is PMBOK?
	How are MPMM and PMBOK aligned?
	What is PRINCE2?
	How are MPMM and PRINCE2 aligned?

Best Practice Project Management

What is PMBOK?

With more than 150,000 members in over 150 countries, the Project Management Institute (PMI) is the world's foremost advocate for the project management profession (see www.pmi.org). Created by the PMI, the Project Management Body of Knowledge (PMBOK) is a collection of processes and knowledge areas widely accepted as best practice within the project management discipline. The PMBOK is an internationally recognized standard (IEEE Std 1490-1998) and includes five basic Project Management processes; Initiating, Planning, Executing, Controlling and Closing

How are MPMM and PMBOK aligned?

By creating the MPMM Phases in parallel with the PMBOK Process Groups, we have been able to achieve a tight alignment between the Method123 Project Management Methodology (MPMM) and the worldwide Project Management Body of Knowledge (PMBOK). Where the PMBOK shows you what you need to do, MPMM shows you how to do it.

PMBOK Processes

For each core process in the PMBOK, MPMM has an equivalent step. The following table illustrates the alignment between the MPMM and PMBOK Lifecycles:

PMBOK	MPMM
Initiating Processes
Develop Project Charter	Establish the Terms of Reference
Develop Preliminary Project Scope Statement	Establish the Terms of Reference
Planning Processes
Develop Project Management Plan	Create a Project Plan
Scope Planning	Create a Project Plan
Scope Definition	Create a Project Plan
Create WBS	Create a Project Plan
Activity Definition	Create a Project Plan
Activity Sequencing	Create a Project Plan
Activity Resource Estimating	Create a Resource Plan
Activity Duration Estimating	Create a Project Plan
Schedule Development	Create a Project Plan
Cost Estimating	Create a Financial Plan
Cost Budgeting	Create a Financial Plan
Quality Planning	Create a Quality Plan
Human Resource Planning	Create a Resource Plan
Communications Planning	Create a Communications Plan
Risk Management Planning	Create a Risk Plan
Risk Identification	Create a Risk Plan
Qualitative Risk Analysis	Create a Risk Plan
Quantitative Risk Analysis	Create a Risk Plan
Risk Response Planning	Create a Risk Plan
Plan Purchases and Acquisitions	Create a Procurement Plan
Plan Contracting	Create a Procurement Plan
Executing, Monitoring and Controlling Processes
Direct and Manage Project Execution	Build Deliverables
Perform Quality Assurance	Perform Quality Management
Acquire Project Team	Appoint the Project Team
Develop Project Team	Appoint the Project Team
Information Distribution	Perform Communications Management
Request Seller Responses	Contract the Suppliers
Select Sellers	Contract the Suppliers
Monitor and Control Project Work	Monitor and Control
Integrated Change Control	Perform Change Management
Scope Verification	Perform Change Management
Scope Control	Perform Change Management
Schedule Control	Perform Change Management
Cost Control	Perform Cost Management
Perform Quality Control	Perform Quality Management
Manage Project Team	Perform Time Management
Performance Reporting	Perform Communications Management
Manage Stakeholders	Perform Communications Management
Risk Monitoring and Control	Perform Risk Management
Contract Administration	Perform Procurement Management
Closing Processes
Close Project	Perform Project Closure
Contract Closure	Perform Project Closure
Key Knowledge Areas
Project Integration Management	All Project Life Cycle Processes
Project Scope Management	Project Change Management
Project Time Management	Project Time Management
Project Cost Management	Project Cost Management
Project Quality Management	Project Quality Management
Project Human Resource Management	Create a Resource Plan
Project Communications Management	Project Communications Management
Project Risk Management	Project Risk Management
Project Procurement Management	Project Procurement Management
(none)	Project Issue Management
(none)	Project Acceptance Management

PMBOK Comparison Matrix

What is PRINCE2?

PRINCE2 (PRojects IN Controlled Environments) is the UK best practice project management standard. Used extensively by the UK Government and widely recognized in the private sector, PRINCE2 (www.prince2.com) includes the following Project Management processes:

	Starting up a Project
	Initiating a Project
	Planning
	Directing a Project
	Controlling a Stage and Managing Product Delivery
	Managing Stage Boundaries
	Closing a Project

How are MPMM and PRINCE2 aligned?

As PRINCE2 was initially created to manage UK government IT projects and MPMM was created to accommodate all industries worldwide, MPMM and PRINCE2 describe the Project Life Cycle using slightly different terminology. It is however fair to say that the core processes within MPMM and PRINCE2 are aligned.

The following table describes the alignment between MPMM and PRINCE2 in more detail:

PRINCE2	MPMM
Starting Up and Initiating a Project
Appointing a Project Board Executive and a Project Manager	Appoint the Project Team
Designing a Project Management Team	Appoint the Project Team
Appointing a Project Management Team	Appoint the Project Team
Preparing a Project Brief	Develop a Business Case
Defining Project Approach	Establish the Terms of Reference
Planning an Initiation Stage	Create a Project Plan
Planning Quality	Create a Quality Plan
Planning a Project	Create a Project Plan
Refining the Business Case and Risks	Develop a Business Case
Setting up Project Controls	Set up the Project Office
Setting up Project Files	Set up the Project Office
Assembling a Project Initiation Document	Establish the Terms of Reference
Planning and Directing a Project
Designing a Plan	Create a Project Plan
Defining and Analyzing Products	Establish the Terms of Reference
Identifying Activities and Dependencies	Create a Project Plan
Estimating	Create a Project Plan
Scheduling	Create a Project Plan
Analyzing Risks	Create a Risk Plan
Completing a Plan	Create a Project Plan
Authorizing Initiation	Perform Phase Review
Authorizing a Project	Perform Phase Review
Authorizing a Stage or Exception Plan	Perform Phase Review
Giving Ad-Hoc Direction	Monitor and Control
Confirming Project Closure	Complete Project Closure Actions
Controlling a Stage and Managing Product Delivery
Authorizing a Work Package	Perform Phase Review
Assessing Progress	Monitor and Control
Capturing Project Issues	Perform Issue Management
Examining Project Issues	Perform Issue Management
Reviewing Stage Status	Perform Phase Review
Reporting Highlights	Perform Phase Review
Taking Corrective Action	Perform Phase Review
Escalating Project Issues	Perform Issue Management
Receiving Completed Work Package	Acceptance Management
Accepting a Work Package	Acceptance Management
Executing a Work Package	Build Deliverables
Delivering a Work Package	Build Deliverables
Managing Stage Boundaries
Planning a Stage	Create a Project Plan
Updating a Project Plan	Create a Project Plan
Updating a Project Business Case	Develop a Business Case
Updating the Risk Log	Perform Risk Management
Reporting Stage End	Perform Phase Review
Producing an Exception Plan	Perform Phase Review
Closing a Project
Decommissioning a Project	Perform Project Closure
Identifying Follow-on Actions	Complete Project Closure Actions
Project Evaluation Review	Undertake a Post Implementation Review

Prince2 Comparison Matrix

If you want to implement project management best practice within your organization, then select your MPMM Edition below...

	Professional Edition
	Standard Edition
	Educational Edition

Join the Method123 newsletter, offering free Project Management advice.

subscribe unsubscribe

Product info...
Project Management Methodology, Project Management Process, Project Management Methodologies, Project Management Life Cycle, Project Management Tools, Project Management Templates, Project Management Example Case Studies, Project Management Consulting, Project Management Blog

MPMM for

		Project Managers
		Project Offices
		Consulting
		Training
		Learning
		Government
		Business

"Regardless of your industry, MPMM provides you with a best practice approach to delivering projects. You'll find it invaluable for initiating, planning, executing and closing projects successfully"

Katherine Robertson,
Director
Art & Soul Productions, Colorado, USA

Professional Edition - click here for more info

Standard Edition - click here for more info

Educational Edition - click here for more info

Project Management Software, Project Management Templates, Project Management Methodology