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.
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...
