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The PM² Methodology:

Europe's Methodology

PM² (pronounced “P-M square”) is a Project Management Methodology developed by the European Commission.

The PM² Methodology is the official project management methodology of the EC and is currently being rapidly adopted internationally. It is a lean and easy to implement methodology suitable for any type of project as it enables project teams to manage projects effectively and deliver solutions and benefits to their organisations and stakeholders through the effective management of project work.
PM² incorporates elements from a wide range of globally accepted project management best practices described in standards and methodologies such as PMBOK Guide, PRINCE2®, IPMA-ICB. It also captures operational experience from projects run within the European Institutions.

A versatile and customizable solution fitting any industry, project type and level of experience

Apart from lean and easy-to-use, PM² is also open-source and free, allowing project teams to tailor the methodology according to their needs, while the wide adoption of PM² has been proven to increase the effectiveness, efficiency and success of the thousands of projects and programmes undertaken by European Union Institutions, Member State Public administrations and private organisations. The simplicity of the methodology makes it a powerful tool, suitable for both newbie or experienced project managers, as well as for organisations and companies that wish to start their PM journey but do not have the required tools, resources, and knowledge.

The PM² Methodology:

  • Combines globally recognized PM methodologies and standards, and project management best practices from the European Institutions.
  • Offers a common vocabulary for the effective management of projects within and across organisations.
  • Enables improved accountability, transparency, and better stakeholder communication and collaboration.
  • Provides a powerful governance structure with clearly described project roles and responsibilities.
  • Makes provisions for customisation and tailoring to suit specific project needs and organisational environment.
  • Provides a full set of artefact templates to help document and manage the project.
  • Is actively sponsored and fully documented.

Benefits

The PM²:

Incorporates globally recognised project management methodologies and standards, along with project management best practices from the European Institutions.

Provides a common vocabulary for the effective management of projects within and across organisations.

Reinforces accountability, transparency and better stakeholder communication and collaboration.

Offers a common governance structure with clearly defined project roles and responsibilities.

Provides guidelines for all project phases and describes activities for monitoring and controlling project performance.

Makes provisions for customisation and tailoring according to specific project needs and organisational environment.

Offers a full set of artefact templates.

It is actively supported and fully documented.

PM² can improve the effectiveness of your organisation’s project management by:

  • Upgrading communication along with the dissemination of information
  • Identifying expectations from the early stages of the project lifecycle
  • Introducing monitor and control activities
  • Offering complete instructions for project planning
  • Defining the project lifecycle
  • Suggesting specific management activities and outputs

The wide adoption of PM² can benefit:

  • All European Institutions
  • All Public Administrations in EU Countries
  • All European Service Providers
  • All Beneficiaries of European Framework Programmes
  • All EU Citizens

Is the European Commission a Stakeholder of your project?

The EC has developed the PM² Methodology to achieve greater efficiency and effectiveness through the consistent use of repeatable processes, considering the specific needs, constraints and culture of EU Institutions and Public Administrations. With more and more programmes either requiring or recommending the implementation of PM², anyone involved with the Project Management of both European and National publicly funded or subsidised projects can greatly benefit from understanding and implementing the methodology. Read here more on how the PM² Methodology can benefit European funded projects.

Interested in the PM² Methodology?

FIND OUT MORE ON HOW PM² CAN BENEFIT YOU >>
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