Praxisframework.org

Fundamental principles of P3M

WebFundamental principles of P3M. 1. Establish why each initiative exists. An ‘initiative’ could be a project, programme or portfolio. ‘Project delivery’ refers to the management of projects, …

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URL: https://www.praxisframework.org/en/resource-pages/fundamental-principles

Praxis, PRINCE2 and MSP4

WebA comparison of Praxis, PRINCE2 and Managing Successful Programmes. Introduction. Anyone familiar with either PRINCE2® 1 or Managing Successful Programmes® 2 …

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Requirements management

WebRequirements management establishes stakeholders’ wants and needs, and then reviews these to create a set of baseline requirements for use in solutions development and …

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Praxis is a free framework for the management of …

WebPraxis integrates a body of knowledge, methodology, competency framework and capability maturity model into a single consistent framework. It also contains tools and resources …

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Contract management

WebContract management includes the negotiation, creation and administration of a contract between two or more parties. Its goals are to: support procurement by negotiating terms …

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Causal loop diagrams

WebCausal loop diagrams. Projects and programmes often have to deal with complexity. This may be because the objectives of the work are complex and/or because the work is …

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The Shu Ha Ri mindset

WebIt forms the basis of the fail fast, adapt and repeat concept that enables organisations to deliver customer value early and often. Shu-Ha-Ri is a Japanese martial art concept …

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Hersey and Blanchard

WebPaul Hersey and Ken Blanchard first developed their ‘Life cycle theory of leadership’ in 1969 1. They subsequently renamed the theory ‘situational leadership’ and continued to …

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Breakdown structures

WebBreakdown structures. A breakdown structure is a hierarchy of components of some aspect of a project, programme or portfolio. Examples include: cost breakdown structure (CBS), …

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Building enterprise project management capability 13

WebProject management capability health checks: These are an assessment of the project management capability of the organization. I have termed these ‘ Projectivity health …

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Budgeting and cost control

WebGeneral. Budgeting and cost control includes the detailed estimation of costs, the setting of agreed budgets, and control of costs against that budget. Its goals are to: determine the …

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