Project Management Best Practices


Best Practices

MPMM™ is considered a "Best Practice Project Management Methodology" because it is aligned with the worldwide standard for Project Management: PMBOK® (Project Management Body of Knowledge) Guide. By aligning with the PMBOK® Guide, MPMM has become a leader in the Project Management Methodology market. We will explain more about this alignment below.

What is PMBOK® Guide?

With more than 450,000 members around the world, 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® Guide) is a collection of processes and knowledge areas widely accepted as best practice within the project management discipline. The PMBOK® Guide is an internationally recognized standard 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 ProcessesMPMM Phases

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 Project Charter
Identify Stakeholders Establish the Project Charter
Planning Processes
Develop Project Management Plan Create a Project Plan
Plan Scope Management Create a Project Plan
Collect Requirements Create a Project Plan
Define Scope Create a Project Plan
Create WBS Create a Project Plan
Plan Schedule Management Create a Project Plan
Define Activities Create a Project Plan
Sequence Activities Create a Project Plan
Estimate Activity Resources Create a Resource Plan
Estimate Activity Durations Create a Project Plan
Develop Schedule Create a Project Plan
Plan Cost Management Create a Financial Plan
Estimate Costs Create a Financial Plan
Determine Budgets Create a Financial Plan
Plan Quality Management Create a Quality Plan
Plan Human Resource Management Create a Resource Plan
Plan Communications Management Create a Communications Plan
Plan Risk Management Create a Risk Plan
Identify Risks Create a Risk Plan
Perform Qualitative Risk Analysis Create a Risk Plan
Perform Quantitative Risk Analysis Create a Risk Plan
Plan Risk Responses Create a Risk Plan
Plan Procurement Management Create a Procurement Plan
Plan Stakeholder Management Create a Communications Plan
Executing, Monitoring and Controlling Processes
Direct and Manage Project Work Build Deliverables
Perform Quality Assurance Perform Perform Quality Management
Acquire Project Team Appoint the Project Team
Develop Project Team Appoint the Project Team
Manage Communications Perform Communications Management
Conduct Procurements Contract the Suppliers
Monitor and Control Project Work Monitor and Control
Perform Integrated Change Control Perform Change Management
Validate Scope Perform Change Management
Control Scope Perform Change Management
Control Schedule Perform Change Management
Control Costs Perform Cost Management
Control Quality Perform Quality Management
Manage Project Team Perform Time Management
Control Communications Perform Communications Management
Manage Stakeholder Engagement Perform Communications Management
Control Risks Perform Risk Management
Control Procurements Perform Procurement Management
Control Stakeholder Engagement Perform Communications Management
Closing Processes
Close Project or Phase Perform Project Closure
Close Procurements 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
Project Stakeholder Management Project Communications Management
(none) Project Issue Management
(none) Project Acceptance Management

PMBOK® Comparison Matrix

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

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MPMM for

"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
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