Sustainability in Project Management: PM 2 versus PRiSM TM

Patrícia Marques, Paulo Sousa () and Anabela Tereso
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Patrícia Marques: ALGORITMI Research Center/LASI, Department of Production and Systems, University of Minho, 4800-058 Guimarães, Portugal
Paulo Sousa: ALGORITMI Research Center/LASI, Department of Production and Systems, University of Minho, 4800-058 Guimarães, Portugal
Anabela Tereso: ALGORITMI Research Center/LASI, Department of Production and Systems, University of Minho, 4800-058 Guimarães, Portugal

Sustainability, 2023, vol. 15, issue 22, 1-36

Abstract: This paper makes a theoretical contribution by exploring the integration of sustainability principles into project management. It compares two recent methodologies, PM 2 and PRiSM TM , and provides a practical contribution by advocating for the adoption of these sustainability-driven practices among practitioners. Sustainability remains relatively unknown in the realm of project management, and this study aims to bridge that gap. This study follows an interpretivist philosophy and employs a combination of interviews and archival data analysis. PM 2 , created by the European Commission, provides a project management methodology free to organizations and includes best practices from other bodies of knowledge. However, it does not include sustainability because it aims to be generic. PRiSM TM , based on the P5™, aims to make the project management process more sustainable. PRiSM TM has a P5 Impact Analysis and Sustainability Management Plan as its main differentiating deliverables and is an extension of the Triple Bottom Line, also including product and process. The PM 2 Alliance CEO believes that PM 2 aims to be generic, so a focus on sustainability would remove the methodology’s “elasticity”. However, users wishing to use PM 2 and consider sustainability can include it in the additional objectives and use PRiSM TM to differentiate deliverables.

Keywords: P5 TM; PM 2; PRiSM TM; project management; sustainability (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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