Kris Project Management Framework
Nowadays, many project management frameworks are based on PMBOK's 5 knowledge areas and 9 processes. This is a complete theoretical framework and methodology, but for practical project use, it is over complicated. There is need for a more simple and effective model to satisfy real world needs.
Dr. Kris Lai's Kris Project Management Framework emphasizes that actual project management execution has to fit enterprise real world situations. This framework includes project management's most core process frameworks. It is simple and essential, with no excess or long-winded steps and rules. It is very suitable as a basic template to build an enterprise project management system framework.
|1||Project Definition||When a project has been formally approved for go, the next step is to define a detailed work scope. This includes project objectives, deliverables, top-level work breakdown structure, main milestones, initial budget, and initial project responsible personnel and organization etc. This stage's final deliverable is a preliminary project plan, used as a basis for reviewing whether the project can continue to the next stage. If it passes review, the project kick-off meeting can be initiated.|
|2||Project Planning||This stage is used to construct a detailed project execution plan, including defining detailed project scope: work breakdown structure, schedule, resources, budget, cost etc. At the same time, supplementary management plans can be drafted, including risk, quality, purchasing contract, finance, product etc. All the plans are integrated into a blueprint for directing and monitoring project actual execution. This stage can be seen as another review of whether the project can continue on to the next stage, and acts as an important stage-gate control.|
|3||Project Control||Project execution status data is regularly collated to analyze and assess performance in schedule, cost, quality, resources, risks etc. Variance and trend are analyzed to estimate future schedule and cost. Regular project review meetings are held to deal with issues and changes. This stage's main function is to do reviews on feedbacks and change actions. It is also another important stage-gate to decide whether the project should continue to the next stage.|
|4||Project Closure||This stage is used for reviewing and signing-off each stage's deliverables, including documents, figures, plans, contract, and all related products or results. After finishing the sign-off step, all documents are collated and filed. Then, all personnel and equipment are returned, and project closure work dealt with. A formal meeting is held to review project original plans and actual execution performance. Failure or success experiences are recorded as a basis for future improvement.|