Success factor for framework initiatives

Managing process implementation and organizational alignment activities can be a complex undertaking. Businesses in this situation need a strong project management discipline. Various methodologies and tools exist to support successful project completion; two well known approaches are

PMI’s PMBOK® Guide and PRINCE2. strategy>>>optimized means using the appropriate project management tools, in combination with other existing >> Methods and frameworks, to support the implementation of process frameworks.

PRINCE2

This is an acronym for "Projects In Controlled Environments" and is a structured method for effective project management. It provides benefits to project managers, program directors and the organization through the controllable use of resources and the ability to manage risk more effectively. What PRINCE2 does best is to pull together common names and descriptions into a structure that anyone can understand, regardless of background and industry.

PMI

The Project Management Institute (PMI)’s Project Management Body of Knowledge Guide (PMBOK® Guide) has become the de facto global standard within the project management discipline. PMBOK® is not a methodology that specifies how to apply the techniques or use the tools it describes; it instead lays out practices that are "generally accepted on most projects, most of the time". Its strengths lie in its process-orientated framework and the breadth of its perspective on the project life cycle.