This assignment requires students to compare and contrast the PRINCE2 and PMBOK project management methodologies. The first section discusses the key differences between the two methodologies, including their approaches to project management, business case-driven vs. project plan-driven projects, and the role of the project manager. The second section compares the project life cycles of both methodologies, highlighting the four stages of project implementation in PRINCE2 and the seven processes associated with it. Students are also expected to analyze the importance of each phase in the project life cycle and discuss how they relate to successful project implementation. Overall, this assignment requires students to demonstrate their understanding of project management methodologies and their applications in different contexts.