Projects integrating Sustainable Methods
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| − | == Abstract ==
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| − | Projects integrating Sustainable Methods, short PRiSM is a relatively new (2013) developed Method to make the process of project management more sustainable.
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| − | As this is one of the main topics in the 21st century it is no surprise sustainability reached also the process of project management. This model was developed by an American company called GPM Global (Green Project Management). With integrating the UN Sustainable development goals (SDG) in the profession of Project Management (PM) they give companies the tool to not only develop more resourceful products, but to reduce the negative ecological and social impact of projects. Applicable is the PRiSM mainly in real estate development, construction or infrastructure projects.
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| − | In the following article the evolution of the PRiSM model will be illuminated with the details about how sustainability is integrated and how this changes the way managing projects. Furthermore, the model itself will be explained to understand the methodology of the PRiSM. Even though this method improves the complex process and helps to create better products, it is necessary to be aware of the models limits and what it cannot cover, which is to be described in the last part of this article.<ref>Farooq U.What is the PRiSM Methodology?:Principles and Process of PRISM[Internet].2017 Sep 19 [cited 2019 Feb 15].Available from:http://www.businessstudynotes.com/finance/project-management/prism-methodology-principles-process-prism/</ref>
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| − | == Evolution ==
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| − | The main topic when managing a project was, and in many cases still is, how to develop a high-quality product within time, scope and cost. Therefore, the Triple constraint model is still a valid basis for project managers. Nonetheless, there are different approaches to not only satisfy the customer with an “on-time, in-scope and low-cost product” but making the whole process more sustainable.
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| − | === Basic idea ===
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| − | GPM developed the PRiSM as a holistic approach, which aims for a long-term sustainability for People, Planet, Prosperity, Product and Process (P5 Standards). With well-defined PRiSM Principles, which will be focused on later, GPM developed a tool that simplifies the process of project management by organizing and quantifying project selection in a format that is easy to store and retrieve. Therefor the American company developed a list of specific questions (Step 1: Identification), which help to overcome one of the main difficulties in Project management the customization to specific company operations. This step can be aligned with one of the seven PRINCE2 Principles of project management: Continued business justification, which suggests starting a project only on the basis of reasonable justification, which should be recorded and approved. The model provides in addition a systematic approach to choose an appropriate course of action (PRINCE2 Principle: Learn from experience), by assessing potential positive and negative risks. This way lessons and critical knowledge can be stored and easily accessed when a similar project is coming up.
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| − | === Sustainability and Management ===
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| − | ==Methodology ==
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| − | === 5P Standards ===
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| − | === Principles ===
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| − | ==Limitations ==
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| − | ==Glossary ==
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| − | <references />
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Latest revision as of 15:06, 2 March 2019
