PM² is a Project Management Methodology developed and supported by the European Commission. Its purpose is to enable Project Managers (PMs) to deliver solutions and benefits to their organisations by effectively managing the work across a project’s entire life-cycle.
The OpenPM² is an easy to use project management methodology, even for private organisations. It fits the needs without being very complex and allows tailoring to different types and sizes of projects.
The purpose of PM is to enable project teams to manage projects in an effective
and efficient manner for the purpose of delivering solutions and benefits to their
Organisations and Stakeholders.
The Initiative also seeks to rectify mistakes of the past, when efforts were duplicated and divergent project management approaches were sponsored rather than promoting convergent approaches based on similarities and the common interest of the broader European community.
By opening up PM², the Initiative aims to enhance project management competency within Europe, leading to increased project efficiency and success. Open PM² does this by:
- Rationalising Project Management approaches across the European Union Institutions and beyond.
- Establishing a common language and processes, resulting in effective project communication.
- Providing a common set of productive mindsets.
- Enabling transparency and visibility for cross-organisational project collaborations.
- Enabling better project management, leading to improved quality, and cost/effort efficiency.
- Enabling the improved monitoring and control of European Union-funded projects and grants.
- Applying the European Commission decision of 12 December 2011 (2011/833/EU) on the “reuse of Commission documents to promote accessibility and reuse”.
The PM² Methodology is built on project management best practices and is supported by four pillars:
- a project governance model (i.e. Roles & Responsibilities).
- a project lifecycle (i.e. Project Phases).
- a set of processes (i.e. project management activities).
- a set of project artefacts (i.e. documentation templates and guidelines).