ISO 21500 Guidance on Project Management

A new ISO standard has been published in relevance with Project Management. ISO 21500:2012 is based on PMBOK framework. The project management processes group covers the 5 stages of the project lifecycle: Initiating, Planning, Implementing, Controlling and Closing..... ISO 21500:2012 provides guidance for project management and can be used by any type of organization, including public, private or community organizations, and for any type of project, irrespective of complexity, size or duration. ISO 21500 provides high-level description of concepts and processes that are considered to form good practice in project management Target Audience

The standard is intended to: Take account of latest developments in International Project Management

• Reflect the best that we all have to offer
• Address most projects most of the time
• Not nullify or negate existing standards
• Identify potential future standards
• Flexible enough to support differences
• Process oriented: "What", not "How"

Benefits of ISO 21500 It is expected that the new standard will provide the following key benefits to the project management community: 

• Aid in the transfer of knowledge between projects and organisations resulting in improved project delivery.
• Facilitate more efficient tendering processes through the use of consistent project management terminology.
• Enable multi-national organisations to coordinate their project management processes and systems.
• Facilitate the mobility of project management personnel and their ability to work on international projects.
• Provide a framework which can be used as the basis for mapping of certification programs globally and therefore assist in their reciprocity.
• Provide a framework for project management generic principles and processes that could be built upon for the advancement of the project management profession.