Project Management Methodologies Name of the University Author Note Introduction

All types of organizations are bound to face all types of challenges and issues like HR related issues, Finance related issues, and Operation related issues in the business along with this the business success mainly depends on all implemented methodologies and techniques for any particular organization to tackle all the faced challenges. As any project success mainly depends on the risk management techniques of the particular project with the help of selection of an appropriate project methodology to help in doing suitable project risk management.

Running Head: PROJECT MANAGEMENT METHODOLOGIES
Project Management Methodologies
Name of the Student
Name of the University
Author Note

2PROJECT MANAGEMENT METHODOLOGIES
Introduction
Creativity and Innovation is the vital success factor for any business as it assists any
particular business to gain more competitive advantages. All types of organizations are bound to
face all types of challenges and issues like HR related issues, Finance related issues, and
Operation related issues in the business along with this the business success mainly depends on
all implemented methodologies and techniques for any particular organization to tackle all the
faced challenges. Apart from that, it also discusses about different proper project management
techniques to address the faced challenges of the project. Kerzner and Kerzner (2017) defined
that the project management methodologies is mainly defined the ways to implement a process
of methods which is used to manage any particular domain or study. On the other hand, in this
report the concept of methodology is also discussed. Saltz and Crowston (2017) opined that
methodology is the type of theoretical analysis of various methods which are applied in any
particular study or field, particularly in project management. However, the utilization of an
appropriate project management methodology assists to implement a project in a very strategic
and planned manner. As any project success mainly depends on the risk management techniques
of the particular project with the help of selection of an appropriate project methodology to help
in doing suitable project risk management. The selection of any appropriate project management
methodology depends on faced problems of the projects varying from project to project. The
main objective of this particular study is to elaborate the proper project management
methodology need to be undertaken in all three organizations, based on the characterization of
faced problems (Kerzner 2018). As the problems types, sizes and characteristics of any
organizations are different then simultaneously the undertaken project management

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methodologies will also vary. Therefore, the whole essay discusses about the suitable project
management methodology selected used in all the three mentioned organizations.
The Chosen Methodology for Organisation A
Here the organization A is one of the manufacturing organizations which mainly produce
high volume and high end memory chips. It is one of the multi-national organizations with more
than 2000 employees. The main aim of this particular organization is to create a better market in
both South and North America and it also extend its all types of related manufacturing operations
to Brazil. However, this particular organization mainly sets up both its marketing and sales
operational modules then it also get followed with the better establishment of more high-tech and
low cost manufacturing organization. All organizational staffs will be transferred to do the set-up
of new operational hub (Schwalbe 2015). Hence, it becomes important for Organization A to
become one the fastest growing implementation of project. This particular organization also
establishes the local operation team that helps to setup the manufacturing organization.
Based on the proper evaluation of recent status of this particular organization, it is
identified that one of the important constraint attached in this project is its both exact planning of
budget and time to get the rapid growing of the low cost manufacturing unit.
Some of the existing project methodology techniques mentioned in this project are
Project In a Controlled Environment (PRINCE2) and Project Management Body of Knowledge
(PMBOK). Kerzner (2017) discussed that the PRINCE2 methodology is mainly implemented in
different construction projects and also developed by Office of Government Commerce in UK,
on other side, PMBOK is also one of the available methodologies technique used in Globe. The
implementation of PRINCE 2 methodology implemented in a controlled environment of a

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project due to which the phases become login resultant to overcome project delays. However,
this particular project aims to develop a low cost estimated project based on pre-determined
parameters and schedules (Hornstein 2015). This becomes one of the vital reason due to which
PRNICE2 method will not be used.
The option of PMBOK project methodology is considered as proper to implement in this
project and also predicted that any local project team need to have better knowledge regarding
the implemented methodology. However, the PMBOK is one of the project guide which helps to
do the productive implementation of any particular project based on the pre-determined plan.
The selection of any project management methodology is surely one of the vital management
level activity due to which the organizational goals is expanded in both South and North
America which leads the fruitful beginning of the project in this competitive business world. The
assigned project manager acts vital role to do the better selection of implemented project
management methodology as per the project’s requirement (Joslin and Muller 2015). As the
project manager have more knowledge about all undergoing project processes and project related
works which will needed to be completed properly to get the better outcomes. However, a
program manager can also be assigned along with project manager based on large or small
project size.
A project management knowledge body will be selected as an appropriate project
methodology depending on the project situation evaluation of any particular organization which
helps to fulfill the necessities of the undergone project. Hence, it also proposed that the PMBOK
methodology will be proper implemented in the whole project based on the identified different
project stages which are identified and divided among all stakeholders by the project manager.
Muller (2017) discussed that, the PMBOK project methodology segregates the project in five

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different stages like initiation stage, planning stage, execution stage, controlling stage and the
closure stage. (Refer appendix 1). The distribution of project in different phases assists to have
the better implementation of the particular project. However, the implementation stages
undertaken in organization A are discussed below:
Initiation Stage: This is the first stage of the implementation of any particular project. In
this particular stage, the requirement analysis and gathering as well as the project feasibility test
also are done. Based on the above mentioned analysis, goals, outcomes as well as the marketing
and sales divisions are prepared for the implementation of this manufacturing unit.
Planning Stage: It is one of the important stages for implementation of any project to
obtain the pre-determined outcomes successfully. In this stage, the main part of resource
allocation and delivery modules are planned accordingly with the final project teams.
Execution Stage: In this execution stage, the undergone project gets implemented that
also includes the development of low cost manufacturing unit (Krysiński and Miller 2016). It
also done based on the appropriate project controlling and monitoring techniques.
Closing Stage: In this particular stage, the project gets successfully delivered followed by
proper maintenance stage dealing with faced error rectification.
In addition to this, Vanickova (2017) discussed that project governance is one of the vital
phase of PMBOK project methodology that make sure the project get delivered based on the
plan. However, it will eliminate the delay risk chance from the whole project implementation
process. Apart from that, the uses of PMBOK project methodology will not allow the changes in
scope statement from the project implementation as a result the selection of methodology for
organization A gets justified based on the proper scope statement of project.

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On the other hand, in organization A for the implementation of PMBOK project
management approach depends on some assumptions which are listed below:
 It understood that the project scope will kept as unchanged in the whole project
implementation stage.
 It also understood that all the team members and employees need to have all types
of skills and knowledge regarding PMBOK project methodology (Lecomber and
Tatnall 2017).
 It assumed that no changes will be done in project requirements which are
recognized in the project initiation stage.
 It is understood that no deliberate delays will occur in doing the implementation
of all project phases.
Though the uses of PMBOK project methodology is suitable for this particular project
which also face some related issues due to the uses of PMBOK. The main cause of all faced
issues is its guide nature rather than methodology nature. It also offers the required guidance to
all project team members for doing the proper implementation of this particular project. Apart
from that, there will no opportunity to do changes in scope statement of the project if the project
enters in the implementation phase (Tomanek and Juricek 2015). Furthermore, the new
associates working in this project also can face difficulties to understand the whole
implementation process of PMBOK methodology.
In terms of addressing all related challenges and issues due to the implemented PMBOK
methodology, an appropriate project governance technique will be maintained from the initiation
stage. The process of requirement gathering needs to be done in more accurate manner so that no

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possibility of any discrepancies will be there for the project implementation. Before doing the
project implementation, it recommends to provide all necessary knowledge to all associated
members regarding the project processes as well as PMBOK knowledge.
Except all these implementation issues, it have some benefits to implement the project by
doing the proper uses of PMBOK methodology. However, with proper help of PMBOK
technique, it becomes easier implementation based pre-determined schedule of project. Apart
from that, by doing the proper use of PMBOK, it will not leave any single possibility for scope
creep as well as in budget errors or scheduling errors which leads to maximum delay to
implement the project (Kononenko and Lutsenko 2018). Based on all above points, the PMBOK
approach is suggested for the particular organization A.
The Chosen Methodology for Organisation B
In this part, the organization B is one of the construction organizations which undertake
various European Government Infrastructure Projects. The selected organization is one of the
small sized organizations with less than 500 employees and also mainly operates in both France
and Paris. The basic aim of this particular organization is to improve the numbers of upcoming
projects which helps to increase the profit-level. The associated Board of Directors of company
is mainly concerned for the increasing numbers of projects, along with the project numbers, the
financial risk of organization will also rise (Arriagada et al. 2016). Therefore, this particular
organization required a proper project management methodology which will stage the whole risk
assessment techniques.
The selection of project management methodology is depends on all criterion which a
methodology will involves in the whole risk management process. However, it is suggested to

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implement the PRINCE2 project management methodology. Hence, the organization’s owner
gets involved to make better decision to choose any particular project management methodology
as it is one of the management-level activity. Therefore, in this construction organization
projects, the PRINCE2 project management methodology will be suggested because of its
comprehensive risk management methodologies. However, this particular project management
methodology gets implemented in all undertaken projects by the particular organization for doing
the proper management of all associated risks (Nicholas and Steyn 2017). As this particular
organization is based on the construction related project, the implementation of appropriate
PRINCE2 project management methodology will be justified. It also ensures appropriate risks
examination where all risks will be accessible with their occurrence of likelihood. In the
PRNICE 2 methodology, the project will be categorized in different seven parts which helps to
do the better implementation of any project in a better environment. However, the
implementation planning of risk examination in PRINCE 2 technique is discussed here: Better
project governance becomes important for doing the proper identification as well as mitigation of
all associated risks of the project (Joslin and Muller 2015) Furthermore, the risk management
process of PRINCE 2 procedure can access as well as mitigates all faced five phases’ risks. The
five phases discussed about project implementation phase, project identification phase, project
assessment phase as well as the risk mitigation phase.
The risk mitigation process in PRINCE 2, the process of proper communication becomes
important to do the identification of different mitigation approaches for all risks (Rosemann and
vom Brocke 2015). By doing end-to-end communication and regular meetings, it will be easier
to do management of different associated risks within the project.

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The selection of PRINCE 2 project management methodology for organization B
depends on some assumptions which are discussed below:
 The implementation of any project by doing the proper usage of PRINCE2
methodology becomes more costly. It is assumed that organization B gets ready
for doing the expenditure.
 It is understood that the organization needs to appoint all those associated
members who have better knowledge regarding PRINCE 2 methodology or
organization needs to arrange training classes of the project associates for all
techniques and process need to undertake in this particular project (Rodriguez et
al. 2017).
The implementation of PRINCE 2 project management methodology will be done
depending on different issues faced by the project team in this construction related project. The
challenges of PRINCE 2 approach arise due to the long and time consuming project stages. It
also directly implies to the increasing trend of project costs as well as required time of the
project.
Conversely, it has some benefits due to the implementation of PRINCE 2 project
management approach other than risk management techniques. Baptista et al. (2016) also
discussed that, PRINCE 2 is one of the process based technique that mainly ensures better
project governance, therefore, the project gets implemented as per the pre-determined plan. As a
result, the selection of PRINCE 2 methodology is appropriate for the organization B which is a
construction based organization.

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The Chosen Methodology for Organisation C
This particular organization C is one the financial services organization which deals with
the domain of financial planning, taxation, retirement planning as well as fund management.
However, this particular organization mainly deals with all types of new techniques to do the
better improvement of all business related operations. This particular organization is also desire
for different new techniques and ideas to do the improvement of their business related processes.
For all the better project related operations and performance, a project management methodology
implementation is needed (Tenera and Luís Carneiro 2014). Hence, the Six-Sigma project
management methodology is recommended for this organization due to its continuous project
improvements techniques.
Pyzdek and Keller (2014) discussed that Six Sigma project management methodology is
one of the data driven and statistical approach that mainly assists in doing the continuous
improvements of product delivery process and defects elimination of the project. All future
projects of this particular organization will be based on the implementation of six sigma project
management approach which undergoes of 5 stages (Akpolat 2017). In this particular approach,
the customers are analyzed for doing the proper implementation of improvement plan which is
executed by the creation of proper project management metrics. The selection of six sigma
project management methodology depends on different assumptions. However, it also faced
different associated issues in this project due to the lack age of proper leadership skills and time
consuming nature of the project (Muller 2017). Therefore, to work with this particular project
management methodology, the associated employees need to be more properly trained to manage
all faced risks.

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It is resulted that, the using of this particular methodology will have better customer
handling as well as improvement of project qualities.
Conclusion
This particular essay concludes about three project management techniques in three
different kind of organization. All the suggestions of selecting project management approaches
are based on their organizational requirements as well as needs. The employ of any appropriate
project management methodology make sure that the project gets implemented without any
hassles and due to which a proper project management methodology needs to be selected.
Depending on the all needs and project expectation, PMBOK approach for organization A,
PRINCE 2 approach for organization B and the Six-Sigma approach for organization C is
recommended for their successful project implementation.

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Appendix
Appendix 1
Figure 1: Representing PMBOK Process Group
(Source: Kononenko and Lutsenko 2018, pp-15)

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Appendix 2
Figure 2: Representing PRINCE2 Model
(Source: Joslin and Müller 2015, pp-1381)

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Appendix 3
Figure 3: Representing Six Sigma Model
(Source: Tenera and Luís Carneiro 2014, pp-918)