As mentioned earlier, here are the findings of a student activity trying to compare three of the most popular product management techniques.
These have been transcribed directly from flip chart sheets, and have not been peer compared – you may find contradictions!
| PRINCE2 |
SCRUM |
| Products are delivered at every stage |
Deliverable every 30 days |
| Any kind of project |
IT/IS Projects |
| Team members can be in different offices |
Assumes everyone works together in the same office |
| Product based |
Product based |
| Project manager |
SCRUM master |
| Meetings at end of each stage |
Daily Scrum meeting |
| PRINCE2 evolved |
Scrum was created |
| Commercial methodology |
Commercial methodology |
| Risk Analysis |
Does not explicitly consider risk |
| 8 Roles |
3 Roles |
| SCRUM |
PMBOK |
| Not formal |
Formal |
| Process based |
Activity based |
| Defined roles |
No defined roles |
| 30 Day cycle |
No limit/duration defined |
| Many product deliveries |
Only one product |
| No risk management |
Formal risk methodology |
| Everyone is ‘committed’ |
Allows for flexibility |
| No formal tools |
Formal tools e.g. RACI, WBS etc. |
| Focused on product |
Activity based but product focused |
| Communication via daily meetings |
Communication methods (a knowledge area) |
| PRINCE2 |
PMBOK |
| Product based |
Activity based |
| Not HR based |
HR focused |
| No procurement management |
Procurement management |
| Product breakdown structure |
Work breakdown structure |
| No cost management technique |
Cost management technique available |
| People take on roles |
No specific roles |
| Maximum duration of 2 years |
No limt |
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Nice few articles on PM. Did the students find one method easier to learn initially?
I’m just getting into PM for my work & have just chosen Scrum as the first methodology I’ll learn. It fits the urgent needs for the current projects that I have.
Anyway… back to my books, I need to learn it by Monday then apply it to 3 projects on the go which all are due for completion by January.
I also intend to follow Scrum up with PRINCE2 and combine the two for future (less urgent) work.