Principles of Project Management

Running head: PRINCIPLES OF PROJECT MANAGEMENT
PRINCIPLES OF PROJECT MANAGEMENT
Name of the Student
Name of the University
Author Note

1PRINCIPLES OF PROJECT MANAGEMENT
Table of Contents
Part 1: Project approach, Questionnaire and DSDM principles......................................................2
Questionnaire...............................................................................................................................4
Part 2: Resource.............................................................................................................................11
Part 3: Requirements, prioritization and User stories....................................................................12
Requirements prioritisation.......................................................................................................14
User stories:...............................................................................................................................16
Part 4: Delivery plan and timeboxing............................................................................................17
Timeboxing................................................................................................................................17
Delivery plan.............................................................................................................................19
References......................................................................................................................................26

2PRINCIPLES OF PROJECT MANAGEMENT
Part 1: Project approach, Questionnaire and DSDM principles
The project is about the way an auction website underwent digital revolution for having a
better profit margin. From the case study it can be stated that the organization has made major
changes stepwise so that they can reach towards the goal. From the above table it can be stated
maximum people agrees to every needs related to the development of project (Sani et al. 2013).
While developing the project it is observed that the questionnaire helps to understand the
opinions of the employees associated with the organization. Moreover it can be stated that the
project approach is done by following the Agile DSDM approach as the project is divided into
different parts. This ensures that the project is being executed step wise without any error. The
vision of every employee is being analyzed with the use of this questionnaire. DSDM is an agile
method that focuses entirely on the lifecycle of the project. DSDM stands for dynamic system
development method. This was developed in 1994 and offers more governance towards the
development of the project (Riol and Thuillier 2015). The eight principles that are related to
DSDM approach is that it aims at focusing on the main business needs, aims at delivering the
product on time and collaborates effectively with the project managers. In addition to this DSDM
approach always aims at developing a project that will never compromise with quality and will
ensure development of the project iteratively. Thus it is important to have the project well
demonstrated and should have a better communication among the main team members of the
project. DSDM acts as the backbone for agile project management. Agile project management is
basically an iterative approach of planning and guiding the project process. The project
processed by following agile software development is mainly done in small sections and are
known as iterations (Brace 2018). The principle of agile project management includes attaining

3PRINCIPLES OF PROJECT MANAGEMENT
the customer so that they can be provided higher satisfaction and continuous delivery options can
be offered to the customers. ETBH has developed the technology that will ensure providing
proper shipping anywhere within the US and other parts of the world. They look after the interest
of customers so that they can offer a better property to them with better price. The second
principle of agile project management is to mitigate to new changes that will bring better
advantage towards the organization (Brioso 2015).
ETBH started aiming for a better market by improving the technology and getting shifted
towards the digital technology for every transaction and business activities. It is observed that
with digital transformation organization has able to grow the sales rate from $8 to $70 million
(Ramayah et al. 2016). The third principle is related to deliver proper working software that will
be developed within the short period of time. In addition to this agile management principle also
states that the developers and management needs to work together so that they can achieve the
project demand. The founder of the ETBH has initiated plans for connecting with families so that
it becomes easy to understand the estate sale tradition of a family (Conforto et al. 2016). This
will eventually help in expanding the business for achieving better benefits. The fifth principle
states that it is important to develop a project around motivate individuals so that they can
manage the project effectively. ETBH has developed its digital transformation in a way that it
will attract more customers and will provide an effective market towards them. The main focus
of the organization is to work on continued geographic expansion so that they can expand their
market too maximum cities. In addition to this the organization aims at having an international
market element for ETBH. The sixth principle states that it is important to have face to face
interaction so that they can have effective and efficient modes of communication. With the help
of digital revolution it will become easy to interact with the property dealers and the people

4PRINCIPLES OF PROJECT MANAGEMENT
interested in buying the project (Coyle and Conbo 2018). However the main criterion that is
needed to be implemented within the project is to have working software that will have primary
measure for progressing the project.
The project of ETBH aims at having a digital revolution so that they can have a better
control over the market. Apart from all this it is observed that with the implementation of agile
process it becomes easy to promote sustainable development. The concept of sustainable
development is related to the economic development without impacting the natural resources
(Delima et al. 2018). The organization states that ETTBH offers an agile and flexible approach
so that they can have a better knowledge regarding the website. Moreover the site is being
developed in such a way that it offers a better transformation a[approach so that it can be
protected from unauthorized persons. The software is developed in such a way that it can ensure
that every customers are provided with proper browsing ability. The ninth principle that is
offered with the agile process is that continuous attention needs to be provided towards the
technical excellence so that they can have a better way of enhancing the agility. In the ETBH
organization the website undergoes several changes every day so that they can maintain proper
agility (Schmitz 2018). Tenth principle states that simplicity is an important aspect that is needed
to be developed within the project. The website developed by ETBH offers better way of
managing activities so that they can offer a better result. After analyzing the project approach it
can be stated that the Agile PM principles are being used within the project effectively for
providing better benefits towards the organization.
Questionnaire
Indicate the closest collective opinon Where appropriate, comment
on issues or risks related to a

5PRINCIPLES OF PROJECT MANAGEMENT
more negative response to this
aspect of the DSDM approach
R
ef
Statement
Strongl
y Agree
Agree Neutral
Disagre
e
Strongly
Disagre
e
1
All members of the project
understand and accept the
DSDM approach
(Philosophy, Principles
and Practices)
✓
there is a high need to
understand the concept
of DSDM so that it
can provide support in
future for developing
the project.
2
The Business Sponsor and
the Business Visionary
demonstrate clear and
proactive ownership of the
project.
✓
I agree with the need
or proper proactive
ownership towards the
approach. This will
help in clearing the
project vision.
3
The business vision
driving the project is
clearly stated and
understood by all members
of the project team ✓
as per my opinion I
think that proper
business vision will
help in having a proper
team.
4 All project participants
understand and accept that
on-time delivery of an
✓ I agree on having all
project members
associated with project