Project Management - Troubled Projects

Today a colleague asked me an interesting question, in order to include screening for PM methodologies on an RFP. Which one the best??? PMI’s or Price2’s??????

In my experience, while having Prince2 and PMP certifications, PMI methodology is more known and preferred among the customers.

The main reasons are:

1. The PMI has way more market penetration outside Europe of their methodology than the APMG. This is because of a large number of education partners and consulting companies promoting the PMP certification.
2. PMI Methodology, in my opinion, is easier to understand from a customer point of view. It has less administrative focus and their processes interactions are easier to detect while monitoring a project.

However, a good screening suggestion on PM methodologies that I’ve used when helping our customers to build RFPs is asking to demonstrate certified professionals on recognized international methodologies like PMI and/or Prince2. As the main purpose of applying PM methodologies is to ensure the project’s performance which can be done with both PM methodologies.

JD