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Project Management Name of the Student Name of the University

   

Added on  2020-03-13

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Running head: ICT PROJECT MANAGEMENTICT Project ManagementName of the StudentName of the UniversityAuthor’s noteTable of Contents

1ICT PROJECT MANAGEMENT1. Introduction............................................................................................................................1This report will incorporate various venture systems and will concentrate on Waterfall andPRINCE2 model, the equivalent qualities and separations between them................................12. Define what a project methodology is...................................................................................13. Project methodologies’ role in project management..............................................................14. The various project methodologies that are used for project management are......................2• Project Management Body of Knowledge (PMBOK).................................................2• PRINCE2.....................................................................................................................2• SDLC...........................................................................................................................2• Waterfall......................................................................................................................2• Agile............................................................................................................................35. Similarities and dissimilarities between the waterfall model and PRINCE2 model..............3Similarities between the Waterfall model and PRINCE2 model...................................3Differences between Waterfall model and PRINCE2 model.........................................46. The chosen methodologies related to the project life cycle...................................................4Waterfall model related to project life cycle..................................................................4PRINCE2 model related to project life cycle.................................................................77. Conclusion..............................................................................................................................88. References..............................................................................................................................9

2ICT PROJECT MANAGEMENT1. IntroductionProject methodologies deal with knowledge, abilities, tools, and strategies to meetproject requisites (Vijayasarathy & Butler, 2016). Project management is achieved using theaccompanying procedures- initiating, controlling, planning, executing, and closing.This report will incorporate various venture systems and will concentrate on Waterfalland PRINCE2 model, the equivalent qualities and separations between them. 2. Define what a project methodology isProject management is the training of initiating, planning, executing, controlling, andclosing the work of a group to accomplish particular objectives and meet particularachievement criteria (Joslin & Müller, 2016). There are heaps of various project managementsystems one can apply to various activities, however knowing the contrasts amongst them,and how to know which is the correct approach to utilize relies upon the project managers.3. Project methodologies’ role in project managementApproaches used for project management are tied in with determining whatundertakings should be embraced, and when to perform them in order to boost the utilizationof time and assets (Vijayasarathy & Butler, 2016). They will layout which undertakings tofinish in the first place, remembering resulting errands that depend on the past ones beingfinished. The project manager must introduce risk management strategies in the event thatany unanticipated incidents may happen. The methodologies utilized as a part of projectsmanagement to characterize the extent of the project, time constraints, what resources areavailable and when the project requires being conveyed.

3ICT PROJECT MANAGEMENT4. The various project methodologies that are used for project management are• Project Management Body of Knowledge (PMBOK)PMBOK stands forProject Management Body of Knowledgeand it is the wholegathering of procedures, best practices, terminologies, and rules that are acknowledged asprinciples inside the project management industry.• PRINCE2 It isolates tasks into numerous stages, each with their own particular designs andprocedures to take after. PRINCE2 requires accreditation by means of exams (Sievi-Korte,Systä & Hjelsvold, 2015). PRINCE2 is a confused yet exhaustive procedure, yet the projectmanager needs to decide if it will scale legitimately with their particular prerequisites.• SDLCSoftware Development Life Cycle(SDLC) is a procedure utilized by the productbusiness to design, develop and test software. It is also called as SoftwareDevelopmentProcess.• WaterfallConventional Waterfall project management handles tasks accordingly, from the ideaand planning stage through to development and quality affirmation and lastly projectcompletion and support (Ahimbisibwe, Cavana & Daellenbach, 2015). Project prerequisitesare typically characterized toward the start, with next to zero changes to the arrangementunless completely essential.• AgileAgile project management concentrates on flexibility to changing circumstances andsteady, general input – whether it's from the customer or from different individuals from the

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