Project Management Methodologies Assignment

Added on - 28 May 2020

  • 7

    pages

  • 2287

    words

  • 3

    views

  • 0

    downloads

Showing pages 1 to 3 of 7 pages
PROJECT MANAGEMNET METHODOLOGIESPPMP20009Consolidated PortfolioSTUDENT NAME: <insert>STUDENT ID: <insert>LECTURER: <insert>CAMPUS: <insert>TERM: 3, 2017
Table of contents1Introduction...................................................................................................................................22Course Learning Outcomes...........................................................................................................32.1Learning Outcome 1:Explain reasons why organisations adopt Project ManagementMethodologies...................................................................................................................................32.2Learning Outcome 2: Critically analyse the impact of Project Management Methodologiesupon stakeholders..............................................................................................................................42.3Learning outcome 3: Explain and justify the major elements of a Project ManagementMethodology that might meet the needs of an organisation...............................................................43Discussion and Conclusion............................................................................................................54References.....................................................................................................................................65Appendix.......................................................................................................................................65.1Portfolio 1..............................................................................................................................75.2Portfolio 2..............................................................................................................................75.3Portfolio 3..............................................................................................................................75.4Portfolio 4..............................................................................................................................75.5Portfolio 5..............................................................................................................................75.6Portfolio 6..............................................................................................................................75.7Portfolio 7..............................................................................................................................75.8Portfolio 8..............................................................................................................................75.9Portfolio 9..............................................................................................................................75.10Portfolio 10............................................................................................................................75.11Supporting documents...........................................................................................................7
1INTRODUCTIONProject Management methodology is a set of guidelines for people who are performingproject management. There are five phases of project management. The project scope isdefined and then the individual steps are planned. The project is then executed by managingevery planned step of the project. Finally, the project is closed upon completing the desiredgoals and objectives. The information gathered from different literature demonstrates thatproject management is in fact vital for the successful completion of a project.2COURSELEARNINGOUTCOMES2.1Learning Outcome 1:Explain reasons why organisations adopt Project ManagementMethodologiesSummaryProject Management methodology has evolved since the last couple of years (Kerzner & Kerzner,2017). In the past years, the methods used for project management were rigid and inflexible in theirapproach towards the projects. This kind of approach was simple and followed certain rules to thevery core. The needs and the requirements of the clients did not have much complexity and thusfollowing such management methods was the most suitable approach (Haug, 2015). However, as timeprogressed, the requirements of the client became more complex and the nature of the projectsevolved from simple construction to high-rising skyscrapers. Thus, to handle and manage projects ofsuch complex nature, the approach project management had to modified to accommodate thechanging nature of projects. New approaches like the agile and the adaptive approaches to projectmanagement came to be used more often. These approaches are necessary for the successfulcompletion of projects these days. However, these methodologies posed a serious threat to thedifferent project managers who have been managing projects for the last 40 years and even more.They are facing the challenge of updating their approach towards projects (Špundak, 2014). Theyneed to make themselves flexible to complete the projects within the predetermined scope, time andcost. Maximising the profit without degrading the quality is also another target that the projectmanagement needs to fulfil (Grant, 2016). These days the business has shifted from a solely profit-making approach to a customer centric approach. Thus, to ensure that all the requirements of theclient are met, it is of vital that the project management is as flexible as possible.Therefore, organizations adopt the use of structured methodologies for project management to ensurethat the undertaken project is a success.EvidenceThe portfolios as attached in the appendix provides evidence that following specific projectmanagement methods is beneficial for successfully closing a project by meeting the requirements ofthe client and achieving the goals and objective of the project. The literature on project managementbyHarold Kerznerprovides us with the knowledge of achieving success in projects by creating andexecuting predetermined steps (Kerzner & Kerzner, 2017). The different methodologies that aregenerally followed often contribute to the successful completion of various projects. I have alsoanalysed from my past experiences that every project is unique and the project managers must identifyand analyse each project before determining the type of approach they should take. Such conceptualprowess comes only after gaining sufficient experience in project management (Project Management
desklib-logo
You’re reading a preview
card-image

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Unlock This Document