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Running head: PROJECT MANAGEMENT METHODOLOGIESProject Management MethodologiesName of Student: Name of University:
PROJECT MANAGEMENT METHODOLOGIES2Topic and reading samples.Your personal learning outcomes from this unit.Learnings from your experience.Supporting documentation including your prior learnings.Project Management Methodologies PPMP20009Week 5 Lecture PresentationFrom this unit I learned about the best practices the enterprises and the individuals must take up for success of the project. The best practices can give them the competitive advantage. The presentation file demonstrates all the basic steps for the assessing readiness. There are three steps for assessing the readiness. In the first step, the three factors- organisational change management, sustained leadership and the continuous improvement are considered. Inthe next step, the project feasibility is analysed. In the third case, a business case is proposed for executive approval. The project feasibility is determined by the cost-benefit position and the strategic need. The project manager must evaluate the current state of the organisation and based on that they must prepare roadmap or a blueprint. The project manager and his team membersassess the current state of the organisation and then analyse the future state. The project manager captures the OPM’s rationale and must set parameters and explain the success criteria. It is the responsibility of the project manager and his team to assess what they want to achieve and on the basis of that they must prepare a project plan. They must conduct the feasibility study as well as the cost-benefit analysis. The feasibility analysis will help to know whether the project can be completed maintaining safety, cost and ease of execution requirements. The cost-benefit analysis will help to know whether the project will provide the financial benefits or notKerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.Project From the presentation, it can be learnt that The organisation’s responsibility is to Harrison, F. and Lock, D., 2017.Advanced
PROJECT MANAGEMENT METHODOLOGIES3Topic and reading samples.Your personal learning outcomes from this unit.Learnings from your experience.Supporting documentation including your prior learnings.Management Methodologies PPMP20009Week 6 Lecture Presentationthe project manager must analyse the business strategy that will improvise the business activities of the organisation. The presentation demonstrates the OPM implementation framework. I find this OPM framework model quite useful. According to me, the organisations with the help of the OPM framework can help to analyse the present state and what improvement they cando in future.analyse what they want. The project manager must assess the organisation requirements, and then on the basis of that,they must assess what they want to be in mere future. The future of the project depends on the strategy they undertake. The management team following a project methodology can be able to improvise the business process and can enrich the future. Prince2 can benefit them. Prince2 Themes constitutes change, risks, plans, quality, business case and progress. Prince2 principles consist of the continued business justification, learning lessons, roles and responsibilities, managing by stages, managing by exception, the project managerment must be product based and must be tailored to suit. The project processes include the starting up of a project, directing a project. After that comes the initiation of the project. The project manager after that must manage the stage boundary; manage the delivery of the project. At last, comes the closing of theproject. The project board will have to take the responsibility. They must assure effective decision making, they must assure effective communication, and they must be accountable for the project. They must facilitate cross-functional integrationproject management: a structured approach. Routledge.Project Management Methodologies PPMP20009From the presentation, it can be acknowledged that the project stakeholders must work in accordance with the project deliverables. I learn that project management The project manager must follow the project methodologies. They must follow the Prince2 methodology. The prince2 helpsthem in conducting the project activities Fuller, M.A., Valacich, J.S., George, J.F. and Schneider, C., 2017.Information Systems Project Management: A Process and Team Approach, Edition 1.1. Prospect Press.
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