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The Praxis Framework's purpose was to create a structure that would aid in organising and managing enterprises' projects, programmes, and portfolios. This framework empowers organisations to improve productivity and build on time efficiency.
The 2021 Pulse of the Profession report by the Project Management Institute (PMI) states 37% of gymnastic enterprises, as compared to 32% of traditional businesses, believe that the top talent-development priority promotes an understanding of the different parts of the business work together. Read this blog to learn about the Praxis Framework for effectively managing projects, programmes and portfolios.
Table of Contents
1) Understanding Praxis Framework
2) A brief guide to the Praxis Framework
a) Principles
b) Processes
c) Templates
d) Training and Certification
e) Integration
3) Guidance to set the Praxis Framework in an Organisation
4) Conclusion
Understanding Praxis Framework
The Praxis Framework is a comprehensive framework for Project, Programme, and Portfolio Management (P3M) that incorporates aspects of agile, lean, and traditional project management methodologies. It provides a set of principles, processes, and templates that can be used to manage projects of all sizes and types.
A brief guide to the Praxis Framework
The Praxis Framework helps integrate the project, programme, and portfolio management practices. It helps in enhancing the way a project is managed and executed. With this single framework, duplicate and repetitive aspects can be removed, improving the overall efficiency and effectiveness of the project, programme or portfolio. Each part of the framework can be easily adapted to any situation and thus ensure that the project is successfully completed.
The Praxis Framework is a community-driven free framework that enables the organisation to learn and understand the possible benefits of the project, programme and portfolio. It also helps in determining ways through which the Stakeholders can be satisfied. Using this framework helps maximise the organisation's overall efficiency and its processes for managing the project. It negates the need for cross-referencing or translating common taxonomies and terminologies across all areas and aspects.
Following is a brief guide to understanding how this comprehensive framework can be used:
Principles
The Praxis Framework is based on the fundamental principles guiding the Project Management approach. They ensure all stakeholders are engaged in the project and everyone works towards the same goals.
The primary principles of this framework are as follows:
Processes
The Praxis Framework includes a set of processes that can be used to manage projects. These processes are divided into knowledge, method, competence and maturity. Each category contains several processes covering different project management areas - from planning and initiation to monitoring and controlling.
Templates
The Praxis Framework provides a set of templates that can be used to manage projects. These templates include project plans, scope documents, risk registers, change control logs and others. The templates are designed to be customisable to meet the needs of specific projects.
Training and Certification
The Praxis Framework offers training and certification programs for individuals and organisations. These programs provide a comprehensive understanding of the framework and how it can be applied to manage projects. The Praxis Framework Certification program includes several levels of certification, from foundation to practitioner and professional.
Integration
The Praxis Framework can be integrated with other Project Management Methodologies, such as Agile and Lean. This allows organisations to tailor their project management approach to meet their specific needs while still leveraging the benefits of this Framework.
Join our Praxis accredited Praxis Framework Foundation and Practioner training to learn how to optimise projects, programmes, and portfolio.
Guidance to set the Praxis Framework in an organisation
Following are some general guidelines to set up the framework if you are looking to implement this in your organisation:
a) Understand the Principles: Before implementing the Praxis Framework, it is essential to understand the principles guiding the project management approach. These principles are the foundation of the Praxis Framework, and they ensure that all stakeholders are engaged in the project and that everyone is working towards the same goals.
b) Identify Your Needs: Determine what your organisation needs as per project management. Assess the current processes and methodologies used and identify the areas for improvement. Further, you can identify the scope of the projects and the resources required to implement them in the Praxis Framework.
c) Select Appropriate Processes: Select the appropriate processes that align with your project management needs. The Praxis Framework provides a set of strategies used to manage projects. They are divided into four categories - Knowledge, Method, Competence and Maturity. Identify processes required to control the project and tailor them to meet the project's needs.
d) Customise Templates: Customise the templates provided by the Praxis Framework to meet your organisation's needs. The templates include project plans, risk registers, change control logs and others. Customise the templates to align with the used processes and methodology.
e) Training and Certification: Consider providing training and certification programs for individuals and teams to ensure they understand the Praxis Framework and how it can be applied to manage projects. The certification program includes several levels of certification, from foundation to practitioner and professional.
f) Monitor and Improve: Monitor the implementation of the Praxis Framework and continually improve the processes and templates. Regularly review the performance of the Project Management Processes and adjust as necessary to ensure that they align with the organisation's and the project's needs.
Conclusion
The Praxis Framework is a comprehensive and flexible framework for project management that organisations of all sizes and types can use. Its principles, processes, and templates provide a structured approach to managing projects while allowing flexibility and adaptation to meet specific project needs.
Does managing projects, programmes and portfolio management interest you? Then, you must try engaging in Praxis Framework Training to enhance your skills!
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