Home/Operational Risk, Standard/Project, programme and portfolio management

ISO 21502

Project, programme and portfolio management Certification

Project Management is the use of specific knowledge, skills, tools and techniques to deliver something of value to people. The development of software for an improved business process, the construction of a building, the relief effort after a natural disaster, the expansion of sales into a new geographic market—these are all examples of projects.

Management practices for a project

Planning
The purpose of planning is to define the requirements, deliverables, outputs, outcomes and constraints and to determine how the project's objectives should be achieved
Benefit Management
The purpose of benefit management is to assist the sponsoring organization and the customer in realizing the desired benefits of a project from the project’s outcomes.
Scope Management
The purpose of scope management is to facilitate the creation of the deliverables, outputs and outcomes to achieve the stated objectives of the sponsoring organization or customer. Scope management enables only formally approved work being incorporated into the project.
Resource Management
The purpose of resources management is to determine the resources needed to deliver the scope of the project in terms of quality, quantity and optimum usage. Resources should be an integrated part of the project’s plan.
Schedule Management
The purpose of schedule management is to enable work to be undertaken in a timely manner and to reduce slippage to an acceptable level. The schedule should be an integrated part of the project’s plan and developed under the direction of the project manager.
Cost Management
The purpose of cost management is to establish the financial controls to be used throughout the project life cycle to facilitate delivery of the project within the approved budget. The budget should be an integrated part of the project’s plan.
Risk Management
The purpose of risk management is to increase the likelihood of achieving the project’s objectives. Identified risks and options for addressing each risk should be an integrated part of the project’s plan
Issues Management
The purpose of issue management is to resolve issues such that there is no negative impact on the achievement of the project’s objectives.
Change Control
The purpose of change control is to control changes to the project and deliverables and to formalize acceptance or rejection of these changes.
Quality Management
The purpose of quality management is to increase the likelihood that outputs are fit for purpose or use. Quality should be an integrated part of the project’s plan. Quality management includes identifying quality requirements with acceptance criteria and means of verification and validation, the standards to be used and the deliverables of the project, including internal, external, interim, final, tangible and intangible deliverables.
Stakeholder Engagement
The purpose of stakeholder engagement is to enable the needs, interests and concerns of stakeholders to be identified, understood and addressed sufficiently to enable the objectives to be met.
Communication Management
The purpose of communication management is to enable stakeholder interactions that are effective and likely to contribute to the successful delivery of the project’s outcomes and the successful realization of benefits.
Managing organizational and societal change
The purpose of managing organizational and societal change is to enable the project’s desired outcomes to be delivered.
Reporting
The purpose of reporting is to provide the current status, forecast and analysis of the project. Reporting should be aligned with the current, and possibly updated, project documentation and determined from an analysis of project management information.

Why should your business gain the Certification?

Compliance with ISO 21502 has many advantages with an overriding advantage of Increased ROI for businesses who strive to gain a competitive edge on their competitors.

  • Well executed project management increases efficiencies through better resource management.
  • Increasing efficiencies lead to increased project throughput and control of business change initiatives.
  • Faster product development times gives a competitive edge
    Added Certification provides advantages in competitive tendering.
  • Improved PM systems avoid costly “reinventions” and “unlearned lessons”.
  • Certification is evidence to your business partners and customers that you possess the necessary knowledge, systems and skills to deliver projects with confidence.

Benefits of ISO 21502 Certification

Global recognition as a reputable supplier

Certification is recognized internationally and accepted throughout industry supply chains, setting industry benchmarks for sourcing suppliers.

Win more business

Procurement specifications often require certification as a condition to supply, so certification and verification opens doors

Business resilience

Avoid downtime and financial losses with effective management of risk, emergency preparedness and contingency planning.

Legal Compliance

Understand how statutory and regulatory requirements impact your organization and its customers.

What is ISO 21502 ?

ISO 21502:2020 gives guidelines for project management, detailing high-level descriptions of best practices for producing good results. Under this broad scope, in addition to outlining general project management concepts and guidelines, the standard details prerequisites for formalizing project management, integrated project management practices, and management practices for a project. Under these vast groupings, within the contents of ISO 21502:2020, users can find project governance framework, help in managing the delivery of a project, and benefit, scope, resources, cost, and quality management practices, among a multitude of other relevant guidance.