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ITC505 ict Project Management - Assignment

   

Added on  2021-04-21

9 Pages1546 Words61 Views
ITC505 PROJECT MANAGEMENT PROJECT MANAGEMENT METHODOLOGIESASSIGNMENT-1 (Submitted to)BEULAH MOSESSHAHID 11613927 Shahidglad05@gmail.com
ITC505 ict Project Management - Assignment_1
Contents1. What is Project Methodology...........................................................................22. PMBOK and PRINCE2..................................................................................2 2.1. PRINCE2 and PMBOK: Similarities............................................................3 2.2PRINCE2 and PMBOK: Dissimilarities..........................................................43. Project Management Life Cycle (PLC) and PINCE2................................................5
ITC505 ict Project Management - Assignment_2
1. What is Project Methodology?A project methodology aims at controlling and managing the different project processeswith the help of effective decision making skill. Project management methodology is a standardthat gives an overview of the process and procedures used for successful implementation of aproject (Špundak, 2014). The project manager is responsible for defining a proper projectmethodology that will result in successful project implementation. According toKerzner&Kerzner, (2017), project methodology is a process that defines and identifies thedifferent risks and challenges associated with a project, which in turn helps in its successfulimplementation. Schwalbe, (2015), argued that the project management methodology mainlydeals with application of knowledge and different project management skills in order to ensurethat the project meets all the requirements. Therefore, it can be said that selection of an accurateproject management methodology holds a very important place in the project management lifecycle. The choice of the project methodology generally varies from project to project.From the different definition of the project methodology, it is understood that the role ofthe project methodology is to guide the project towards its successful completion. It defines thedifferent processes that can be adopted for ensuring project success. It unveils the skills, toolsand techniques required for successful project completion. The different types of project management methodology include PRINCE2, Agile XP,waterfall, Agile Scrum and so on. Out of these methodologies, PRINCE2 has been chosen forevaluating it on basis of project management body of knowledge (PMBOK). 2. PMBOK and PRINCE2
ITC505 ict Project Management - Assignment_3

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