ICT Project Managment (pdf)
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Added on 2021-04-17
ICT Project Managment (pdf)
Added on 2021-04-17
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Running head: ICT PROJECT MANAGEMENTICT Project ManagementName of the Student:Name of the University:Author note
ICT PROJECT MANAGEMENT1Definition of Project MethodologyDefinition 1Project methodology is a combination of various methods techniques, procedures andrules that are logically related which are used to identify the best possible way to initiate,plan, develop, execute and deliver a project (Kerzner & Kerzner, 2017). It is a disciplined,systematic and scientifically proven technique to design, plan and execute the project. Projectmethodology ensures that the project is completed within the stipulated time without resultinginto any cost overruns or time overrun. It allows the project manager to control the executionand completion of the project through specific techniques and methods. It acts as a base onwhich the entire project construction takes place. Definition 2Project methodology is well organized and systematic way of executing a specificproject. It constitutes various stages of development such as planning, controlling, organising,delivering and closing the project. It provides deeper insights to the project manager of all thestages such that the manager could take appropriate decision such to deliver quality productto the customer (Joslin & Müller, 2015). The utilization of the project methodology proves tobe extremely useful in the large and complex project. It is a set of principles that guides theprogress of the task, so as to ensure that the end deliverable is quality product. It alsominimizes the chances of overheads such as that of time and cost overruns. It defines theneed of the stakeholders and identifies the risk associated with them. It also ensures that allthe task is executed using a methodological approach and the deliverable produced meets theexpected quality requirement of the customer. Comparison of PMBOK with PRINCE2
ICT PROJECT MANAGEMENT2Project methodology includes various methodologies namely, PRINCE2, Agile XP,Waterfall, Agile Scrum. The acronym PMBOK stands for Project Management Body ofKnowledge that contains a list of guidelines that are considered as standard for projectexecution and completion. The following points will highlight the key differences betweenthe PMBOK and PRINCE2 methodology of project management:The approach of PMBOK is based on knowledge and was originated in United Kingdomwhere as PRINCE2 is a process oriented approach in project management methodologyand has its origination in United States (Karaman & Kurt, 2015). PMBOK is non prescriptive where as PRINCE2 is perspective but it can tailored. PMBOK focuses on the role of the project manager as a whole whereas PRINCE2methodology provides the decision making power to the team members and defines therole played by each member in the team (Jamali & Oveisi, 2016). PMBOK provides the range of techniques that can be applied to manage the project suchthat it can be executed properly where as the PRINCE2 methodology defines what tasksare needed to be executed and also decides the procedure and the member by whom thetask should be carried out.PMBOK certification takes a month’s time to get confirmed while the PRINCE2certification can be completed successfully within a week. Similarities between PMBOK and PRINCE2The similarities between PMBOK and PRINCE2 methodology of projectmanagement will be highlighted by the following points:Both the PMBOK and PRINCE2 methodology considers risk in the project as their primeconcern and progresses by identifying and analysing the risk that would incur in theproject ahead.
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