Project Management Methodologies for Global Projects

This document discusses the comparison and analysis of three project management methodologies for global projects. It also includes the development of a network diagram and stakeholder analysis for a music festival.

Bucks Student's Union
Music Festival

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Compare and critically analyse the three project management methodologies of knowledge.
Along with advantage and disadvantage of using methodologies in global project....................3
TASK 2............................................................................................................................................6
Develop network diagram and clearly state the relationship of different activities involved in
carry out musical festival activities..............................................................................................6
TASK 3..........................................................................................................................................10
Undertake stakeholder analysis for the project and identify internal and external stakeholders
according to interest and power. Develop Work Breakdown structure for music festival........10
TASK 4..........................................................................................................................................11
Prepare risk analysis and develop strategies in order to deal with them significantly..............11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
Project management encompasses the role to carry out systematic planning and
management of organisation resources, task as well as event in order to successfully accomplish
the preparation of objective (Burke, 2013). To better define the report the students of Bucks
Student Union will carry out project management under which project manager is responsible to
effectively host musical festival at local town hall for the Alumni. This report cover topics like
compare and contrast different project management methodologies and describe its application
for carrying out global project. Develop network diagram which represent the relationship
between different activities. Prepare stakeholder analysis and carry for risk analysis for music
festival.
TASK 1
Compare and critically analyse the three project management methodologies of knowledge.
Along with advantage and disadvantage of using methodologies in global project
The role of project management methodologies is to basically provide the
infrastructure or blueprint on the basis of which different tasks associated with global project act
are carried out. As global project whether it is relation to music or dance concert is carried out at
large scale due to which it require huge involvement of resources, funds and manpower. In
addition to that, the aim of managing comprehensive workflow via opting diverse project
management methodologies is to effectively structure internal activities in order to successfully
implement activities for global project (Meredith, Mantel Jr and Shafer, 2017). Thus, being
critical successful factor it mitigate the chances of risk by successfully executing the policies
management team. The explantation of some of the methodologies to effectively carry out global
project is listed below:

Basis of
difference
Agile methodology Waterfall Lean
Define According to Agile
methodology the team
members of project
management view the project
as larger picture and
accordingly break down the
whole project into different
stages as well as tasks. It
further require the collaborate
with internal as well as
external stakeholders in terms
to make them understand
about the task and
accordingly manage their
contribution. For instance, the
responsibilities of team
members are adequately
defined on the basis of certain
activities like decoration,
hospitality and arrangement
of food. Similarly,
responsibility are ties up with
external units like supplier
and investor to effective carry
out global project.
This methodology
involves the sequential
processing of activities
which is carried out in
step by step form. Here
the project manager
before moving from one
stage to another test the
existing activities and if
they are successfully
accomplished then out
all successive steps are
carried out. Application
of this project
methodology helps the
project development
teams to lead more
favourable as well as
desirable result
significantly.
Lean methodology is
highly recognised as
it helps to
continuously improve
the internal
operations and
function in order to
deliver values to
customer. Focus is
given to identify the
opportunity and
accordingly changes
are planned, executed
and reviewed to
produce desirable
result (Morris,
2013).
Nature It is basically flexible
approach which basically
depends upon incremental
It is quite rigid in
comparison with Agile
approach as all
Unlike Agile and
Waterfall method
under which the

approach. activities are
predetermined and
carry out in sequential
form.
client overview the
accomplishment of
whole project at the
end. Whereas, by
implementing lean
production the client
can view the
processing of
activities.
Advantages Collaboration of internal and
external interested
stakeholders generate
extreme level of motivation
in order to produce desirable
amount of result. Such
incremental functioning is
highly recognised to perform
large or global project.
It leads to well
documentation of plan
that leads to faster
delivery of final result.
Along with that it
effectively function and
cope up the situations
like shifting of teams
without affect final
result (Hwang and Ng,
2013).
It function effectively
to carry out global
project as attention is
given to use few
resources and lower
down unnecessary
expenditure in order
to optimum perform
the innovative
activities designed to
conduct global event.
Disadvantage Huge cost is associated with
this approach as it include the
involvement of expert to gain
deep insights and effective
participate in decision
making. Moreover, if project
manager itself is not clear
about the brief of global
project then this whole
process can go off track.
Even waterfall approach
is not ideal for large
projects as due to its
rigid nature it is less
suitable to perform
large size projects.
Everyone associated
with development of
project needs to
immensely focus on
their individual tasks
and responsibility
otherwise it can
cause huge impact on
overall productivity.
This approach is

more suitable for
smaller size projects
which are easy to
understand, plan and
execute rather than
performing global
projects which
involve multiple
tasks.
Therefore, amongst diverse approaches Agile methodology is highly preferable for global
events in terms to collaborate amongst internal and external stakeholders and accordingly
respond according to market trend. This helps to effectively implement and refine the project
management practices.
TASK 2
Develop network diagram and clearly state the relationship of different activities involved in
carry out musical festival activities
activity
number Task Name Duratio
n Start Finish Predecessor
s
Early
Start
Early
Finish
Late
Start
Late
Finish
1 Budget
approval 1 day
Wed
11-03-
20
Wed
11-03-
20
Wed
11-03-
20
Wed 11-
03-20
Wed
11-03-
20
Wed 11-
03-20
2 Hire publicity
Director 14 days
Thu
12-03-
20
Tue
31-03-
20
1 Thu 12-
03-20
Tue 31-
03-20
Thu 12-
03-20
Tue 31-
03-20
3 Hire set
designer 14 days
Thu
12-03-
20
Tue
31-03-
20
1 Thu 12-
03-20
Tue 31-
03-20
Fri 15-
05-20
Wed 03-
06-20
4 Hire place for
auditions 7 days
Wed
01-04-
20
Thu
09-04-
20
2
Wed
01-04-
20
Thu 09-
04-20
Wed
01-04-
20
Thu 09-
04-20
5
Advertising to
hire cast and
crew
7 days
Wed
01-04-
20
Thu
09-04-
20
2
Wed
01-04-
20
Thu 09-
04-20
Wed
01-04-
20
Thu 09-
04-20
6 Hire production 28 days Fri 10- Tue 4,5 Fri 10- Tue 19- Mon Wed 03-

and publicity
crew 04-20 19-05-
20 04-20 05-20 27-04-
20 06-20
7 Set designed
and built 42 days
Wed
20-05-
20
Thu
16-07-
20
3,6
Wed
20-05-
20
Thu 16-
07-20
Thu 04-
06-20
Fri 31-
07-20
8 Train
production crew 12 days
Wed
20-05-
20
Thu
04-06-
20
3,6
Wed
20-05-
20
Thu 04-
06-20
Thu 23-
07-20
Fri 07-
08-20
9 Auditions to
hire cast 2 days Fri 10-
04-20
Mon
13-04-
20
4,5 Fri 10-
04-20
Mon 13-
04-20
Fri 10-
04-20
Mon 13-
04-20
10 Cast Rehearsal 84 days
Tue
14-04-
20
Fri 07-
08-20 9 Tue 14-
04-20
Fri 07-
08-20
Tue 14-
04-20
Fri 07-
08-20
11 Hire Orchestra 7 days
Thu
12-03-
20
Fri 20-
03-20 1 Thu 12-
03-20
Fri 20-
03-20
Thu 04-
06-20
Fri 12-
06-20
12 Music 7 days
Mon
23-03-
20
Tue
31-03-
20
11
Mon
23-03-
20
Tue 31-
03-20
Fri 24-
07-20
Mon 03-
08-20
13
Photograph cast
and crew &
collect
biographies
35 days
Wed
20-05-
20
Tue
07-07-
20
6,9,11
Wed
20-05-
20
Tue 07-
07-20
Mon
15-06-
20
Fri 31-
07-20
14
enter
information into
computer
1 day
Wed
08-07-
20
Wed
08-07-
20
13
Wed
08-07-
20
Wed 08-
07-20
Mon
03-08-
20
Mon 03-
08-20
15 printing 5 days
Thu
09-07-
20
Wed
15-07-
20
14 Thu 09-
07-20
Wed 15-
07-20
Tue 04-
08-20
Mon 10-
08-20
16 develop an
advertising plan 7 days
Wed
20-05-
20
Thu
28-05-
20
6
Wed
20-05-
20
Thu 28-
05-20
Thu 02-
07-20
Fri 10-
07-20
17 advertising
media 21 days Fri 29-
05-20
Fri 26-
06-20 16 Fri 29-
05-20
Fri 26-
06-20
Mon
13-07-
20
Mon 10-
08-20
18 orchestra
rehearsal 4 days
Wed
01-04-
20
Mon
06-04-
20
12
Wed
01-04-
20
Mon 06-
04-20
Tue 04-
08-20
Fri 07-
08-20
19 order costumes 7 days
Tue
14-04-
20
Wed
22-04-
20
9 Tue 14-
04-20
Wed 22-
04-20
Thu 23-
07-20
Fri 31-
07-20
20 costume parade
and alterations 5 days Fri 17-
07-20
Thu
23-07-
20
7,19 Fri 17-
07-20
Thu 23-
07-20
Mon
03-08-
20
Fri 07-
08-20
21 dress rehearsal 1 day
Mon
10-08-
20
Mon
10-08-
20
8,10,18,20
Mon
10-08-
20
Mon 10-
08-20
Mon
10-08-
20
Mon 10-
08-20

22 performance 10 days
Tue
11-08-
20
Mon
24-08-
20
15,17,21 Tue 11-
08-20
Mon 24-
08-20
Tue 11-
08-20
Mon 24-
08-20

Critical path analysis is an effective technique of project management that helps to map
out diverse task to be performed within stipulated time frame in order to successfully complete
specific project. Bases on above figure after carrying activity one and two which is Budget
approval and Hire publicity Director Bucks student union can either perform task 4 (Hire place
for auditions) or 5 (Advertising to hire cast and crew). This is further carried forward by task 10,
21 and 22 which is Cast Rehearsal, dress rehearsal and performance respectively.
TASK 3
Undertake stakeholder analysis for the project and identify internal and external stakeholders
according to interest and power. Develop Work Breakdown structure for music festival
Stakeholder management matrix: This framework is used by Bucks student union to
analyse the role of project stakeholders in terms to perform the actions and align task to attain
overall objective and carry out actions successfully (Heldman, 2018). It represent the role of
different stakeholders on the basis of their interest and power level to carry out project
successfully.
Interest(High) Interest(Low)
Power(High) Manager, Project manager Government, Supplier

Power(Low) Employee Customer
High power and High interest: It include manager or project development team that are
basically major stakeholders and actively participate by making heavy investments within the
success of music festival project.
High power but Low interest: Stakeholders like government and supplier plays vital role
for the success of project due to which efforts need to be made in order to keep them satisfied.
Further, they have power to weaken whole project once seemed out certain issues (Fuller and et.
al., 2017).
Low power but High interest: It involves the participation of employees, staff or the
students of Bucks union as their inclusive efforts helps in building out whole project
successfully.
Low power and Low interest: Stakeholder like customer and Alumni of Bucks union
plays a powerful role in terms to affect the functioning of whole project in future.
Work breakdown structure of Bucks Student Union
TASK 4
Prepare risk analysis and develop strategies in order to deal with them significantly
Risk Probability
of risk to
occur
Impact of risk on
success of project
Risk management strategies
Cost risk 3/5 4/5 Cost risk can occur if the project

manager of Buck's student union is not
able to organise the musical festive
according to predetermined budget for
their Alumni. This can affect the
quality of whole project due to the
issue of inadequate funds. Such risk
can be resolved by using the strategies
like estimating accuracy and manage
significant reservoir of funds which
can be utilised during emergence.
Scheduling risk 4/5 5/5 This type of risk arises if the project
development team is not able to
perform the task within stipulated time
frame and leads to high impact on
event. To mitigate this risk emphasize
is given on time management
strategies that help to manage the
priorities of activities, allocate
desirable time interval for successful
accomplishment of musical festival
(Besner and Hobbs, 2012).
Loss of support 2/5 4/5 Lack of support from external
stakeholders limits the scope to
effectively run the project and
maintain systematic performance. This
can majorly affect the performance for
Alumni. To control such activity
emphasize is given on supplier supply
relationship so that all quality material
is gained by union to maintain

significant amount of performance.
Technical risk 2/5 3/5 Failure of technology at the time of an
event too acts as a risky situation
which can be mitigated by keeping
effective alternatives which can be
used during emergencies.
Environment
risk
2.5/5 4/5 Environment risk involves the natures
hazard which is not in control of
company but can affect the safety as
well as health of people. Existence of
such activity can only be managed by
delaying the programme by
anticipating the environment and
exploring reliable reports.
CONCLUSION
From the above report it has been determined that the role of project manager is to
incorporate different activities and use necessary techniques or methodology in order to initiate
and control the particular event or programme successfully. To effective carry out the event it is
the responsibility of project manager to use the effective project management methodology in
order to derive out best possible result. Further, risk is analysed and mitigate by using effective
strategy and derive out best possible result.

REFERENCES
Books and Journal
Burke, R., 2013. Project management: planning and control techniques. New Jersey, USA. 26.
Meredith, J. R., Mantel Jr, S. J. and Shafer, S. M., 2017. Project management: a managerial
approach. John Wiley & Sons.
Morris, P. W., 2013. Reconstructing project management. John Wiley & Sons.
Hwang, B. G. and Ng, W. J., 2013. Project management knowledge and skills for green
construction: Overcoming challenges. International journal of project management.
31(2). pp.272-284.
Heldman, K., 2018. Project management jumpstart. John Wiley & Sons.
Fuller, M. A. and et. al., 2017. Information Systems Project Management: A Process and Team
Approach, Edition 1.1. Prospect Press.
Besner, C. and Hobbs, B., 2012. An empirical identification of project management toolsets and
a comparison among project types. Project Management Journal. 43(5). pp.24-46.