NIT1203 Intro to Project Management: ISO 21500 Guidance Presentation

This presentation provides an overview of ISO 21500, a guidance standard for project management. It covers the definition of project management according to ISO 21500, its background, and the development process. The presentation also highlights the process and subject groups within the standard, the relationship between organizations and project stakeholders, and the future of ISO 21500, including potential updates and applications. It emphasizes that ISO 21500 is not for certification but serves as a foundation for good project management practices and stakeholder satisfaction.

ISO-21500
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Introduction
ISO 21500 is a guidance book developed to define
the concept and process of conducting the project
management in proper manner
ISO 21500 is a guidance which provides
foundation for the application of proper knowledge
areas and the process of good practices

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Introduction
ISO 21500 is a tool to provide stakeholder’s
satisfaction by a process of proper use of all project
management concepts
ISO 21500 is defined to develop new
communication techniques to have common
conversation among project team members

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Definition
As per ISO 21500, Project Management is the
proper application of all the knowledge areas,
process, tools and techniques to develop and deliver
the project objectives to satisfy stakeholder’s
expectations
ISO 21500 helps in delivering quickly, in less cost
and satisfy stakeholders and customers

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Background
ISO 21500 is developed to fulfill the economic
requirement of the continuous development of
project activities all over the world
Since 1/5th of the world’s GDP is shared by this
sector, so the importance of developing ISO 21500
has emerged

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Development Process of ISO 21500
UK Submitted Proposal in 2006
Developed BSI (British Standards Institution)
US supported for converting to ISO
All supported and developed ISO 21500 in 2012

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Process & Subject Groups
Source: (Zandhuis & Stellingwerf, 2012)

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Source: (Zandhuis & Stellingwerf, 2012)
Process & Subject Groups

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Relationship among Organizations
This standard has provide a clear relationship
between client and contractor organization
Source: (Zandhuis & Stellingwerf, 2012)

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Project Stakeholder Relationship
Relationship among stakeholders
Source: (Zandhuis & Stellingwerf, 2012)

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Future of ISO 21500
This ISO is not meant for certification
This ISO shall be updated every 4 to 5 years like
other ISOs
From this ISO, development of various other ISOs
are also planned
Self Assessment certification course could be
developed using this ISO

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References
Zandhuis, A., & Stellingwerf, R. (2012). ISO 21500: Guidance
to Project Management.
ISO:21500. (2012). Guidance on project management.
Switzerland: ISO copyright office.
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