IT PROJECTMANAGEMENT             Vazgen Ghazarian
What is PRiSM?PRiSM is short for (Projects integrating                          addressed, can reduce environmental impact...
PRiSM’s StrengthsPRISM has several features that are new to                         Another important aspect of PRiSM is t...
Visible differences   Business Operation                                              Business Operation                  ...
Challenges to Sustainability Managing in an Integrated Manner while involving all stakeholders Aligning Social Responsib...
Meaning of Success        Business Objectives                              Continuous Improvement              Successful ...
Examples of long term benefits that projectswill make to business objectives Reducing cost of production Reducing cost o...
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

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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.

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PRISM

  1. 1. IT PROJECTMANAGEMENT Vazgen Ghazarian
  2. 2. What is PRiSM?PRiSM is short for (Projects integrating addressed, can reduce environmental impact in allSustainable Methods) types of projects.PRISM is the de facto sustainability based projectdelivery method. It was developed fororganizations to integrate project processes withsustainability initiatives in order to achievebusiness objectives while decreasing negativeenvironmental impact.PRISM is a Process-based, structured projectmanagement methodology that highlights fiveareas of sustainability and for core projectphases, when understood and effectively 1 of 9 Vazgen Ghazarian
  3. 3. PRiSM’s StrengthsPRISM has several features that are new to Another important aspect of PRiSM is the Impactproject management thus easily distinguishing it analysis. This is a new method for calculating riskfrom other project management methodologies. as it measures it on five levels and takes intoIts true strength lies in its ease of use approach. account the product of the project from cradle toEach of the following features supplements what grave rather than from initiation/pre-project toeach body of knowledge provides - through a close/hand-off.practical, environmentally conscious, and The key points to PRiSM lie in a project manager’srepeatable approach. personal values and ethics, accountability, abilityOne of the most significant of PRISMs features is to think beyond the scope without goldthe concept of the sustainability management plating, and using leadership based on the globalplan. This is a set of controls that govern aspects impact of the project.of a project to consider five measureableelements (People, Planet, Profit) and how theyrelate to the delivery of projects. Each aremeasured individually and as a complete package. 2 of 9 Vazgen Ghazarian
  4. 4. Visible differences Business Operation Business Operation Five Separate Revenue and Measrable Bottom LinesCost 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. 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 ethicalresponsibility Managing Risk to Brand and Reputation Integrating Eco-Design into Product and Service Offerings 4 of 9 Vazgen Ghazarian
  6. 6. Meaning of Success Business Objectives Continuous Improvement Successful Change Footprint Reduction Management Product Processes Delivery 5 of 9 Vazgen Ghazarian
  7. 7. Examples of long term benefits that projectswill 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. 8. Planning 7 of 9 Vazgen Ghazarian
  9. 9. Delivery and Controlling 8 of 9 Vazgen Ghazarian
  10. 10. Closure 9 of 9 Vazgen Ghazarian
  11. 11. THANK YOU Vazgen Ghazarian

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