Effectiveness of Project Management Methodologies

Running head: MITS5002
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1MITS5002
Executive Summary
The article is about the effectiveness of the project management methodologies. The article
discusses roles and the advantages of the project management methods. The article also has
discussion of four types of methods. This report focuses on the roles of the methodologies of
project management and discusses about the benefits of these methods. The report has a
detailed discussion about the methodologies that are focussed on the article. The report
concludes with giving an answer to the question that how effective are the methodologies of
project management.

2MITS5002
Table of Contents
Introduction................................................................................................................................3
Role of methodologies of project management.....................................................................3
Advantages of methodologies of project management..........................................................4
Information system/information technology project management........................................5
Methodologies mentioned in the article.................................................................................6
The effect of project management methodologies.................................................................8
Conclusion..................................................................................................................................8
References..................................................................................................................................9

3MITS5002
Introduction
In order to accomplish the goals and results that is within a schedule that is defined
and a budget that a project manager uses in the project. A methodology is also a model that
the managers of certain projects employ for the planning, design, and implementation of the
project [1]. There are various types of methodologies of project management that can be used
to benefit various projects. The most important and common methodology is the agile
methodology. There are also various methodologies other than agile.
The report deals with the support and the advantages that are provided by the methods
of management of projects to the project managers for managing the projects of information
technology and information systems. The report deals with the role of methodologies of
project management in various businesses and contexts of projects. This report also focuses
on the benefits of methodologies of project management and examines the methodologies in
the context of their operations [12]. Improving the performance of information technology
projects and the information system is the top priority of majority of the company.
Role of methodologies of project management
The methodologies of project management help in the successful completion of a
project that is related to information technology or information systems. There are various
types of methodologies such as agile, prince2, six sigma and many more [2]. The
methodologies of project management play a very significant role in the completion of a
project successfully. Different methodologies have different strategies that help to solve the
issues that arise during the delivery of the project. Once the executives of a company
recognize that management of project is necessary, the changes in the organization occur
quickly. Choosing a project management that is singular and unified is an approach that is
effective and helps to consolidate the management of project efforts that is prior in an