PM² or PRiSM—A Matter of Choice?

Sustainability has become increasingly important. Existing project management methodologies are underdeveloped in sustainability. PM² is a methodology developed by the European Commission that aims to provide solutions and benefits to organizations. However, it doesn't include sustainability in its guide, because it aims to be generic. PRiSMTM aims to make the project management process more sustainable, it is based on the P5™ standard that aims to align portfolios, programmes and projects with sustainability. The major difference between the two methodologies is their main objectives. PRiSMTM has P5 Impact Analysis and Sustainability Management Plan as the main differentiating deliverable compared to other approaches, including PM². The most cited characteristic of PM² was to include best practices from other bodies of knowledge, and in PRiSMTM and P5™, it was to be an extension of the Triple Bottom Line, as it also includes product and process. The CEO of the PM² Alliance believes that PM² aims to be generic and usable for any project, so a focus on sustainability would remove the "elasticity" of the methodology. However, users wishing to use PM² and consider sustainability can include it in the additional objectives and use the P5 Impact Analysis and Sustainability Management Plan.