ICT Project Management: Methodology, PMBOK and PRINCE2

Running head: ICT PROJECT MANAGEMENT
ICT Project Management
Name of the Student
Name of the University
Author’s Note:

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ICT PROJECT MANAGEMENT
Table of Contents
1. Methodology and its Role in Project Management................................................................2
2. Compare and Contrast between PMBOK and PRINCE2......................................................3
3. PMBOK and PRINCE2 in Project Life Cycle.......................................................................4
References..................................................................................................................................6

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ICT PROJECT MANAGEMENT
1. Methodology and its Role in Project Management
Methodology is the theoretical and systematic analysis of several methods that are
applied to the specific field. This methodology mainly comprises of the detailed theoretical
analysis of several methods as well as principles that are associated with the significant
knowledge branch (Turner, 2014). Methodology encompasses various concepts such as the
theoretical models, paradigms, qualitative techniques or quantitative techniques and even
phases.
Methodology plays the most significant role in project management. Project
management methodology is the perfect combination of several logical methods, processes
and practices for the purpose of determining the procedure of developing, controlling and
finally delivering the project by proper implementation process (Kerzner & Kerzner, 2017).
The major aim of the project methodology is simply to enable the control of the complete
process of management by the effective and efficient decision making or problem solving.
This is done only after ensuring the proper success of the typical approaches, methodologies,
processes or techniques.
Project management provides the significant framework to plan and deliver the
projects of all sizes, natures or types. The framework of project management mainly focuses
over the understanding of the needed changes with the selected methodological approaches.
The best and required change is management with the help of methodology in project
management (Burke, 2013). A systematic change takes place in respect to cost, quality and
time. The two types of methodologies in project management are traditional approach and
modern approach. The modern approach of project management is more popular and utilized
than the traditional approach.