The standard focuses on five key areas of project management: governance, planning, implementation, monitoring and control, and closure. Governance is the process by which program objectives are established and monitored to ensure that projects remain on track. Planning encompasses resource estimation, scheduling, and risk management activities. Implementation includes budgeting, organization structure design, and stakeholder engagement strategies. Monitoring and control involve tracking progress and making adjustments as needed. Closure focuses on delivering the expected outcomes while wrapping up any loose ends.

ISO 21502 provides guidance for project teams to effectively apply these five overarching processes throughout their projects, enabling them to maintain successful project execution. It provides organizations with a comprehensive set of best practices they can use to ensure that their projects are managed efficiently and with the best results in mind. Additionally, it helps project managers understand when additional measures are needed to respond to changing conditions and how they can better manage their resources.

Project management is an ever-evolving field and ISO 21502 provides organizations with the guidance and support necessary to stay ahead of the curve.

Areas Covered

In this webinar, we will discuss the importance of ISO 21502 and how it can be implemented in any organization?

We will explore the key principles of project management, including planning, scheduling, budgeting, and risk assessment.

Additionally, we'll look at how ISO 21502 supports portfolio and program management, helping you achieve better outcomes from your projects.

We will explore the areas of project management that ISO 21502 covers, including governance and compliance requirements; risk management; program and portfolio management; cost-effectiveness analysis, and how to use these standards to ensure a successful outcome for projects

Course Level - All

Why Should You Attend

Organizations that attend a training webinar on ISO 21502 can benefit in several ways. They will learn how to use the standard effectively, become familiar with its terminology, and get an overview of the process for setting up and managing projects based on this standard. Additionally, webinars provide an opportunity for organizations to ask questions and address any queries they may have about adopting the standard.

By attending this webinar training, organizations will benefit from learning the key elements of ISO 21502. Participants will gain an understanding of how to use the standard to improve their project management practices and become more successful in delivering projects that are aligned with organizational objectives. Additionally, they will acquire skills such as creating effective plans to manage resources, managing risk and cost overruns, tracking progress, and measuring results. These core competencies will enable organizations to make decisions that are more informed and improve their project delivery success rate.

Stay current with best practices, understand how to effectively use ISO 21502, and gain insights into the tools and techniques necessary for successful project management.

Topic Background

ISO 21502 is a globally recognized standard that provides guidelines for managing projects, programs, and portfolios efficiently and effectively. This standard focuses on the management of projects, programs, and portfolios from initiation to delivery, encompassing processes that are required to achieve successful outcomes. It incorporates a comprehensive approach to project management, defining specific processes, procedures, and techniques that can be utilized to work towards standardized practices. ISO 21502 has the potential to improve project management outcomes by providing a uniform approach to project management that is based on best practices and proven techniques. This standard supports organizations to ensure consistent delivery of successful projects, programs, and portfolios, and provides them with a competitive edge in the global marketplace, thus boosting their brand, reputation, and financial success. Through well-defined and standardized processes, ISO 21502 ensures greater transparency, accountability, and control, ultimately resulting in the efficient and effective management of projects, programs, and portfolios, which can add substantial value to organizations.