ICT Project Management Assignment
Added on 2021-04-24
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Running head: ICT PROJECT MANAGEMENTICT Project ManagementName of the Student:Name of the University:Author note
1ICT PROJECT MANAGEMENTDefinition of Project MethodologyDefinition 1:Project methodology is a series of steps, practices, methods, techniques andprocedures used by the professional that determines the plan best for the execution and thesuccessful completion of the project. The methodology is continuously implemented till thesuccessful completion and termination of the project. It is a disciplined, systematic andscientifically approved approach to design, execute and terminate the project (Kerzner, 2018).Project methodology is meant to provide a base on which the execution of a projectcommences and provides a brief overview of each step such that the project managers canplan the work such that it could be completed within the schedule and no cost overrun isincorporated. It is a set of rules and principles that is implemented to control a project that isscheduled with a specific beginning and end. It allows the project manager to select certainway to perform a task. Definition 2:Project methodology is a series of methodologies followed at each step from initiationtill the completion of the project. It is a process of adapting the techniques, methods andprocedures such as to ensure the effective completion of the project. It is a procedure ofinitiating, planning, executing, controlling and closure of a project such that it is completedon time and quality product is provided within the estimated cost. It proves useful and handyin the successful completion of the large and complex products (Parker et al., 2013). Itprovides deeper insights of the activities that need to be carried out in each strep of theproject methodology. The steps also identify the risks involved with the risk as well as themethods and techniques to resolve those issues. The deep knowledge of each step provides
2ICT PROJECT MANAGEMENTthe project manager to efficiently control the operations leading to successful completion ofthe project. Comparison between PMBOK and PRINCE2The project management provides various methodologies based on the analysis of thecomplexity of a project such as Waterfall, PRINCE2, Agile XP, Agile Scrum, and RapidApplication Development (RAD) and many more.The term PMBOK stands for ProjectManagement Body of Knowledge which provides guidelines, terminologies and bestpractices that are trusted as standard within the industry of project management. Thedifferences between the PMBOK and PRINCE2 method are described below:PRINCE2 method is process oriented and is prescriptive but not tailorable where as thePMBOK is a knowledge oriented approach to project management and is non-prescriptive(Matos & Lopes, 2013). PRINCE2 methodology is a team based approach where the manager is given less powersand focus on the role of team as whole where as PMBOK provides great powers to theproject manager (Karaman & Kurt, 2015). PRINCE2 method of project management describes what task should be performed. Italso describes how and when a particular task should be done whereas, the PMBOK onlydescribes the wide range of techniques that should be implemented to manage the projectefficiently.The PRINCE2 method does not require any prior experience as it is based on processwhere as PMBOK proves to be easy for learning the skills of project management (Jamali& Oveisi, 2016). PRINCE2 method of project management considers the product as the deliverableswhereas, the PMBOK emphasizes on project artefacts as the deliverables.
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