Prestige Worldwide Project Management Methodology

APF is an iterative and adaptive (and I add agile) approach designed to deliver maximum business value to clients within the limits of their time and cost constraints where the always variable scope is adjusted at each iteration. The client decides what constitutes maximum business value and, at the end of each iteration, the client has an opportunity to change the direction of the project based on what was learned from all previous iterations therefore, embracing and managing change, not avoiding it.

•Version Scope
◦Develop the Conditions Of Satisfaction (COS) to define what is needed and what will be done to meet that need
◦Develop the Project Overview Statement (POS) which summarizes the problem/opportunity, what will be done and how, the business value, and risks, assumptions and obstacles to success
◦Prioritize functional requirements; this list may change but currently reflects the best information available
◦Develop mid-level Work Breakdown Structure showing goal, major functions, and sub-functions
◦Prioritize scope triangle (consisting of time, cost, resources, scope, and quality, customer satisfaction was left out)
•Cycle Plan (iterative)
◦Extract from the WBS those activities that define the functionality to be built in this cycle
◦Decompose the extracted WBS down to the task level
◦Establish the dependencies among these tasks
◦Partition the tasks into meaningful groups and assign teams to each group
◦Each team develops a micro-level schedule with resource allocations for the completion of their tasks within the established cycle timeline and budget constraints
•Cycle Build (iterative)
◦Conduct detailed planning for producing the functionality assigned to this cycle
◦Begin cycle work
◦Monitor and adjust cycle build
◦This cycle ends when its time has expired. Any functionality not