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PROJMGNT 2001 - Project Management Methodologies - Assignment

   

Added on  2020-03-04

8 Pages1149 Words1648 Views
Running head: PROJECT MANAGEMENT METHODOLOGIESPROJECT MANAGEMENT METHODOLIGIESName of the Student:Name of the University:Author note:
PROJMGNT 2001 - Project Management Methodologies - Assignment_1
1PROJECT MANAGEMENT METHODOLOGIESTable of Contents1. Methodology:...................................................................................................................22. Advantages and Disadvantages:......................................................................................23. Agile and Waterfall relation to project life cycle............................................................4References............................................................................................................................6
PROJMGNT 2001 - Project Management Methodologies - Assignment_2
2PROJECT MANAGEMENT METHODOLOGIES1. Methodology: Methodology is a technique which is implemented by project manager to design,plan and achieve the objectives of a particular project. There are different projectmanagement methodologies taken up by the managers to benefit their respectiveprojects (Mahalakshmi & Sundararajan, 2013). From initiation to implementation ofproject, there are various steps of methodology to guide the managers (Bassil, 2012). Tounderstand the term in a better way consider an example , NASA (NationalAeronautics and Space Administration) uses a particular methodology to create spacestation which is completely different from the methodology used by Navy to buildsubmarines. To fulfill the need of different projects there are various projectmanagement methodologies used by different managers. 2. Advantages and Disadvantages:Some commonly used project management methodologies are: i.Adaptive Project Frameworkii.Agile Software development iii.Prince2 iv.System Development life cycle (SDLC)v.Waterfall (Traditional). Agile model mainly points on the fact that in order to develop the new projectsin a better way the existing methodologies must be improved (Balaji & Murugaiyan (2012).
PROJMGNT 2001 - Project Management Methodologies - Assignment_3

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