Project Management Methodologies Learning Portfolio

Project methodologies 1
A learning portfolio on project management methodologies
Presented by
Student affiliation
Supervisor
1st, June 2018

Project methodologies 2
1 INTRODUCTION
The portfolio provides a learning outcome based on experiences learnt in project management
course. It provides learning experiences on the use and relevancy of project management in firms
and industry. The portfolio summarizes whatever was learnt during the entire 12 months
regarding project management.
2 COURSE LEARNING OUTCOMES
2.1 Learning Outcome 1: Explain reasons why organisations adopt Project Management
Methodologies
Project management methodologies over the last 10 years have used in different organization
platforms and activities. Organizations currently have started employing use of project
management and methodologies in ensuring final objectives are met. ‘Businesses have started to
embrace projects as part of their ventures (Heagney 2016 p.34).’ The engagement makes them
adopt methodologies, techniques and tools in delivering their specific outcomes. ‘Reasons why
organizations adopt PM methodologies is because projects can easily be evaluated, phases can be
managed easily, projects favours participation of different stakeholders and that project focuses
on social benefit more than economic benefits (Hedman 2013, p.4).’
Summary
The way project are managed is different from that of business. Project is managed based on
different phases or life cycles. Evidence of its usage is seen in performance of projects as
compared to businesses. It is necessary for project managers to understand methodologies and
techniques in project in order to make informed decisions.
Evidence
I have identified as part of learning outcome that each project approach contains a verifiable tool
or technique that project managers can employ. Project managers are expected to develop
different business plans that can be used for project activities. In projects it is easy that after
implementation of a project it is easy to identify closure and the next sequence not like in
businesses.