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Project Management & Mthodologies

   

Added on  2020-03-15

9 Pages1772 Words40 Views
Running head: PROJECT MANAGEMENT METHODOLOGIESProject Management MethodologiesName of the Student:Name of the University:

1PROJECT MANAGEMENT METHODOLOGIESTable of Contents1.0 Introduction..........................................................................................................................22.0 Evolution of project management........................................................................................23.0 Project management methodologies....................................................................................33.1 PRINCE2 Methodology...................................................................................................33.2 Waterfall methodology.....................................................................................................43.3 Agile methodology...........................................................................................................54.0 Conclusion............................................................................................................................6References..................................................................................................................................7

2PROJECT MANAGEMENT METHODOLOGIES1.0 IntroductionAfter analyzing the provided case study, it is observed that the company is operated inthree different domains such as energy and power generation, IT services as well as mining.The company decides to customize project management (PM) methodologies on three projectdomains for better success of their business operations (Kerzner 2013). The staffs workinginto the organization are not responsive to update the PM methodology. Fleming and Koppelman (2016) stated that the project management methodology istermed as a grouping of logically related to the methods and processes which can determinehow to develop and control the project plan. 2.0 Evolution of project managementSchwalbe (2015) demonstrated that the organizations whether it is small or large, thetopic project management has a great importance. Development of new product as well asservice, development of new production line for various domains, public relations with thepromotional campaign and major building of programmes are considered as the mainelements of the project management methodologies (Boud, Cohen & Sampson 2014).Early years: late 19th century- In the 19th century, the business faces lot of complexitiesdue to improper principles of project management (Walker 2015).The business leaders arefacing lot of problems while organizing the tasks and there are unprecedented quantities ofthe raw materials.Early 20th century efforts- In the 20th century, the business leaders are improving theirproductivity by focusing on the demand and longer working hours of the workers (Martinelli& Milosevic 2016). Gantt chart is used to evolve the management functions of the business.

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