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ITC Project Management Assignment

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Added on  2020-02-24

ITC Project Management Assignment

   Added on 2020-02-24

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Name of UniversityITC Project ManagementAssessment Item 1: Project Management MethodologiesStudent’s Name
ITC Project Management Assignment_1
Assessment Item 1: Project Management MethodologiesTable of ContentProject Management Methodology..................................................................................................2Role of Methodology in Project Management.................................................................................2Different Methodologies available..................................................................................................2Two Methodologies.........................................................................................................................3Methodologies and Project Life Cycle (PLC).................................................................................3References........................................................................................................................................41
ITC Project Management Assignment_2
Assessment Item 1: Project Management MethodologiesProject Management Methodology Project Management methodology is a model or concept or approach which is being adopted byteam members of the project irrespective of type, size and objective of the project[ CITATIONTut17 \l 1033 ]. It has a set of pre-defined steps or sequences of executing the project, which arerequired to be followed by the project manager for the proper success of the project and preventit from any delay in time, cost overrun, additional resource requirements along with properquality standards. Role of Methodology in Project ManagementProject management is a schedule of activities which are required to be followed for properlymanaging the project without affecting any of the three project’s constraints. The methodology isanalytically proven with full success rate[ CITATION McC10 \l 1033 ]. It must be strictly followedby all the project managers to get a sure success in project management. It helps in taking properand quick decisions by the project managers.The methodology helps in quick realization of the self-responsibilities by the team members. Itprovides a common understanding among the team and helps in managing the roles of seniormanagement and creating effective governance and so the decisions[ CITATION Nay16 \l 1033 ].Different Methodologies availableThere are various different approaches by which the project can be managed. So the projectmanager first needs to know all the methodologies for making the perfect choice among many.The different types of project management methodologies are:PRINCE2: according to this methodology, the members of board takes lead in project inplace of the project manager, governance is given the higher priority for effectiveexecution and controlling of the project[ CITATION Wri172 \l 1033 ]. The project manageracts as daily site coordinator.SDLC: is the traditional methodology of executing any project2
ITC Project Management Assignment_3

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