We are often asked how MPMM is aligned with the two worldwide standards for project management; PMBOK and Prince2. They are unrelated to Time Tracking Software.
The reality is that the two standards describe the project life cycle completely differently, each using its unique project terminology and processes. So we set out to try and align with both standards. After working closely with both standards providers, we were able to comprise our own
Project Life Cycle which matches both standards as closely as possible. While the standards appear to be quite different, they are based on the same principles and guidelines for project management and it’s those principles and guidelines that we followed to the letter.
A Feasibility Study is an example of a template that matches both standards.