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IT PROJECT
MANAGEMENT
             Vazgen Ghazarian
What is PRiSM?

PRiSM is short for (Projects integrating                          addressed, can reduce environmental impact in all
Sustainable Methods)                                              types of projects.
PRISM is the de facto sustainability based project
delivery method. It was developed for
organizations to integrate project processes with
sustainability initiatives in order to achieve
business objectives while decreasing negative
environmental impact.
PRISM is a Process-based, structured project
management methodology that highlights five
areas of sustainability and for core project
phases, when understood and effectively




                                                     1   of   9
                                                                                                Vazgen Ghazarian
PRiSM’s Strengths
PRISM has several features that are new to                         Another important aspect of PRiSM is the Impact
project management thus easily distinguishing it                   analysis. This is a new method for calculating risk
from other project management methodologies.                       as it measures it on five levels and takes into
Its true strength lies in its ease of use approach.                account the product of the project from cradle to
Each of the following features supplements what                    grave rather than from initiation/pre-project to
each body of knowledge provides - through a                        close/hand-off.
practical, environmentally conscious, and                          The key points to PRiSM lie in a project manager’s
repeatable approach.                                               personal values and ethics, accountability, ability
One of the most significant of PRISM's features is                 to think beyond the scope without gold
the concept of the sustainability management                       plating, and using leadership based on the global
plan. This is a set of controls that govern aspects                impact of the project.
of a project to consider five measureable
elements (People, Planet, Profit) and how they
relate to the delivery of projects. Each are
measured individually and as a complete package.




                                                      2   of   9
                                                                                                   Vazgen Ghazarian
Visible differences
   Business Operation                                              Business Operation




                                                                     Five Separate
      Revenue                                                             and
                                                                       Measrable
                                                                     Bottom Lines

Cost of Doing Business
                                        PRiSM

 Hard          Soft      In a standard project, principles will
                         achieve business objectives and
                         produce results most often               Cost of Doing Business
                         targeted to improving the bottom
                         line or adding a new service
                                                                   Hard          Soft
 Environmental Impact    The effects of the project if external
                         to the impact on the bottom line are
                         often ignored or left as a secondary     Environmental Impact
                         concern.



                                          3   of   9
                                                                                  Vazgen Ghazarian
Challenges to Sustainability


 Managing in an Integrated Manner while involving all stakeholders
 Aligning Social Responsibility with Corporate Strategy
 Rationalizing harmony with economy, compliance, and ethical
responsibility
 Managing Risk to Brand and Reputation
 Integrating Eco-Design into Product and Service Offerings




                                 4   of   9
                                                             Vazgen Ghazarian
Meaning of Success
        Business Objectives

                              Continuous Improvement


              Successful Change                              Footprint
                                                             Reduction

                                      Management
   Product                            Processes
   Delivery




                                  5   of   9
                                                       Vazgen Ghazarian
Examples of long term benefits that projects
will make to business objectives


 Reducing cost of production
 Reducing cost of delivery
 Reducing the dependency on non-renewable resources
 Improved business processes
 Increased revenue




                               6   of   9
                                                       Vazgen Ghazarian
Planning




    7   of   9
                 Vazgen Ghazarian
Delivery and Controlling




           8   of   9
                           Vazgen Ghazarian
Closure




  9   of   9
               Vazgen Ghazarian
THANK YOU




            Vazgen Ghazarian

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PRISM

  • 1. IT PROJECT MANAGEMENT Vazgen Ghazarian
  • 2. What is PRiSM? PRiSM is short for (Projects integrating addressed, can reduce environmental impact in all Sustainable Methods) types of projects. PRISM is the de facto sustainability based project delivery method. It was developed for organizations to integrate project processes with sustainability initiatives in order to achieve business objectives while decreasing negative environmental impact. PRISM is a Process-based, structured project management methodology that highlights five areas of sustainability and for core project phases, when understood and effectively 1 of 9 Vazgen Ghazarian
  • 3. PRiSM’s Strengths PRISM has several features that are new to Another important aspect of PRiSM is the Impact project management thus easily distinguishing it analysis. This is a new method for calculating risk from other project management methodologies. as it measures it on five levels and takes into Its true strength lies in its ease of use approach. account the product of the project from cradle to Each of the following features supplements what grave rather than from initiation/pre-project to each body of knowledge provides - through a close/hand-off. practical, environmentally conscious, and The key points to PRiSM lie in a project manager’s repeatable approach. personal values and ethics, accountability, ability One of the most significant of PRISM's features is to think beyond the scope without gold the concept of the sustainability management plating, and using leadership based on the global plan. This is a set of controls that govern aspects impact of the project. of a project to consider five measureable elements (People, Planet, Profit) and how they relate to the delivery of projects. Each are measured individually and as a complete package. 2 of 9 Vazgen Ghazarian
  • 4. Visible differences Business Operation Business Operation Five Separate Revenue and Measrable Bottom Lines Cost of Doing Business PRiSM Hard Soft In a standard project, principles will achieve business objectives and produce results most often Cost of Doing Business targeted to improving the bottom line or adding a new service Hard Soft Environmental Impact The effects of the project if external to the impact on the bottom line are often ignored or left as a secondary Environmental Impact concern. 3 of 9 Vazgen Ghazarian
  • 5. Challenges to Sustainability  Managing in an Integrated Manner while involving all stakeholders  Aligning Social Responsibility with Corporate Strategy  Rationalizing harmony with economy, compliance, and ethical responsibility  Managing Risk to Brand and Reputation  Integrating Eco-Design into Product and Service Offerings 4 of 9 Vazgen Ghazarian
  • 6. Meaning of Success Business Objectives Continuous Improvement Successful Change Footprint Reduction Management Product Processes Delivery 5 of 9 Vazgen Ghazarian
  • 7. Examples of long term benefits that projects will make to business objectives  Reducing cost of production  Reducing cost of delivery  Reducing the dependency on non-renewable resources  Improved business processes  Increased revenue 6 of 9 Vazgen Ghazarian
  • 8. Planning 7 of 9 Vazgen Ghazarian
  • 9. Delivery and Controlling 8 of 9 Vazgen Ghazarian
  • 10. Closure 9 of 9 Vazgen Ghazarian
  • 11. THANK YOU Vazgen Ghazarian