International Journal of Applied Science and Engineering Research

  • Year: 2015
  • Volume: 4
  • Issue: 5

Comparison of project management methodologies: prince 2 versus PMBOK for it projects

Atatürk University, Faculty of Business and Administrative Sciences, Management Information Systems Department, Erzurum, Turkey

Abstract

Project management methodology provides a guideline for managing the projects and it is one of the important factors for successful completion of the projects. Project Management Body of Knowledge (PMBOK) and PRojects IN Controlled Environment Version 2 (PRINCE2) are most widely used project management methodologies in the world. The aim of this study is to compare PRINCE 2 and PMBOK to identify the characteristics of these best practices in order to provide decision criteria for organizations with regard to selecting IT project management methodology.

Keywords

IT project management, project management methodologies, project management best practices, PMBOK, PRINCE2, decision support for methodology selection