APPLICATION OF PROJECT MANAGEMENT STANDARDS IN THE IT INDUSTRY: PRINCE2 AND PMBOK

As competition associated with globalization grows, more and more organizations are adopting different approaches. This happens when organizations strive to become more efficient – “do more at lower costs” and quickly and cheaply launch new products on the market. In this regard, this paper is devot...

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Autores principales: R. R. Veynberg, N. A. Moiseev, S. M. Sakharova
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Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2020
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Acceso en línea:https://doaj.org/article/9a327ee933014e2b99733eea4f939fe8
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spelling oai:doaj.org-article:9a327ee933014e2b99733eea4f939fe82021-11-15T05:20:49ZAPPLICATION OF PROJECT MANAGEMENT STANDARDS IN THE IT INDUSTRY: PRINCE2 AND PMBOK2413-28292587-925110.21686/2413-2829-2020-1-56-66https://doaj.org/article/9a327ee933014e2b99733eea4f939fe82020-02-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/816https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251As competition associated with globalization grows, more and more organizations are adopting different approaches. This happens when organizations strive to become more efficient – “do more at lower costs” and quickly and cheaply launch new products on the market. In this regard, this paper is devoted to a comparative analysis of the two most popular project management standards PRINCE and PMBoK. The authors reviewed and analyzed the main features of these standards, conducted a critical review of their strengths and weaknesses and made recommendations on the use of a particular standard in a particular case. For example, if you need to get a detailed description of many extremely useful tools and methods that will help you better manage your project, you should use PMBoK. However, if it is necessary that the project management methodology helps to make project decisions, the relatively simple PRINCE2 process model clearly defines which project management decisions need to be made, by whom and when. The 26 management products in PRINCE2 are tightly integrated into the process model, providing guidance on what project management information is needed to support decision-making throughout the project.R. R. VeynbergN. A. MoiseevS. M. SakharovaPlekhanov Russian University of Economicsarticlecompetitionproject optimizationproject managementEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 1, Iss 1, Pp 56-66 (2020)
institution DOAJ
collection DOAJ
language RU
topic competition
project optimization
project management
Economics as a science
HB71-74
spellingShingle competition
project optimization
project management
Economics as a science
HB71-74
R. R. Veynberg
N. A. Moiseev
S. M. Sakharova
APPLICATION OF PROJECT MANAGEMENT STANDARDS IN THE IT INDUSTRY: PRINCE2 AND PMBOK
description As competition associated with globalization grows, more and more organizations are adopting different approaches. This happens when organizations strive to become more efficient – “do more at lower costs” and quickly and cheaply launch new products on the market. In this regard, this paper is devoted to a comparative analysis of the two most popular project management standards PRINCE and PMBoK. The authors reviewed and analyzed the main features of these standards, conducted a critical review of their strengths and weaknesses and made recommendations on the use of a particular standard in a particular case. For example, if you need to get a detailed description of many extremely useful tools and methods that will help you better manage your project, you should use PMBoK. However, if it is necessary that the project management methodology helps to make project decisions, the relatively simple PRINCE2 process model clearly defines which project management decisions need to be made, by whom and when. The 26 management products in PRINCE2 are tightly integrated into the process model, providing guidance on what project management information is needed to support decision-making throughout the project.
format article
author R. R. Veynberg
N. A. Moiseev
S. M. Sakharova
author_facet R. R. Veynberg
N. A. Moiseev
S. M. Sakharova
author_sort R. R. Veynberg
title APPLICATION OF PROJECT MANAGEMENT STANDARDS IN THE IT INDUSTRY: PRINCE2 AND PMBOK
title_short APPLICATION OF PROJECT MANAGEMENT STANDARDS IN THE IT INDUSTRY: PRINCE2 AND PMBOK
title_full APPLICATION OF PROJECT MANAGEMENT STANDARDS IN THE IT INDUSTRY: PRINCE2 AND PMBOK
title_fullStr APPLICATION OF PROJECT MANAGEMENT STANDARDS IN THE IT INDUSTRY: PRINCE2 AND PMBOK
title_full_unstemmed APPLICATION OF PROJECT MANAGEMENT STANDARDS IN THE IT INDUSTRY: PRINCE2 AND PMBOK
title_sort application of project management standards in the it industry: prince2 and pmbok
publisher Plekhanov Russian University of Economics
publishDate 2020
url https://doaj.org/article/9a327ee933014e2b99733eea4f939fe8
work_keys_str_mv AT rrveynberg applicationofprojectmanagementstandardsintheitindustryprince2andpmbok
AT namoiseev applicationofprojectmanagementstandardsintheitindustryprince2andpmbok
AT smsakharova applicationofprojectmanagementstandardsintheitindustryprince2andpmbok
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