This portfolio discusses the reasons why organizations adopt project management methodologies, the impact of PPM on stakeholders, and the major elements of PPM that meet the needs of an organization. Evidence from a construction industry is provided. The portfolio also includes a discussion on project management and references.
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1Course Learning Outcomes 1.1Learning Outcome 1:Explain reasons why organisations adopt Project Management Methodologies Summary (example only) Project management methodologies have been adopted in the different organization for simplifying the complexity in the operations. which deals with many features in an organization. The features are stated below. The project management in an organization helps to make a strategic alignment in a project. Project management ensures that the project will be submitted on time to meet the business opportunities. The project management also brings leadership in the project as well a makes the objective of the project focussed (Verzuh 2015). The objectives that are included in a project are basically cleared by the use of project management in an organization. Evidence Organization that I work for is a construction company. I have experience with the construction company for about five years and have recent experience of project management as the company have implemented the project management recently to organize all the work in the company.
Learning Outcome 2: Critically analyse the impact of Project Management Methodologies upon stakeholders Summary With the increase in number of stakeholders in a company, much headache adds on to complete the project which impacts on the complexity of the project. Project management unites all the stakeholders together so that the organization does not face any difficulty in dealing with the project. All requirements of the stakeholders are solved by the project management. There are more than one stakeholders involved in a project. The stakeholders involved may have different motive an objective from the completion of the project. To maintain a single motive in a project for all the stakeholder is done by project management methodologies. The PPM helps to unite the stakeholders in a project so mitigate confusion in a project. To make the project successful all the stakeholder must have a good relation among them to make the project successful. Evidence The construction industry that I work for has many stakeholder spread all over the city. When meetings are held in the industry, it is not possible for all the stakeholders to attend the meeting. Learning outcome 3: Explain and justify the major elements of a Project Management Methodology that might meet the needs of an organisation Summary There are five simple steps in a project management methodology that is used by any kind of organization. The steps that are followed by the PPM are the initiation phase, project
planning phase, implementation phase, monitoring as well as controlling phase, and the closure phase. In the initiation phase, the project methodologies gathers all the requirements that are needed for successful completion of the project. All the requirements are gathered and objectives are made that are related to the start the project. All these specifications are done by the project manager involved and meetings are held to complete such specification. Mainly the scope of the ongoing project is specified in initiation phase. Evidence I work as a project manager in a construction industry undertaking three project presently at this time. After adopting the PPM in the industry, I am able to manage the project more efficiently as all the works are synchronized than before. Discussion and Conclusion Theapplicationwhichusesmethods,skills,knowledge,process,knowledgeand experience to achieve the objective of the project is basically known as project management. To understand project management, it is important to know what a project is about. A project is basically a unique and a transient endeavor that are undertaken the making a project successful defined mainly as output, outcomes, as well as benefits. To consider a project as a successful one, the project is objectives are to be fulfilled, with all the criteria maintained and fulfilling all the requirements of the client with scheduled time as well as scheduled budget. References Badewi, A., 2016. The impact of project management (PM) and benefits management (BM) practices on project success: Towards developing a project benefits governance framework. International Journal of Project Management, 34(4), pp.761-778.
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Boyle, G., 2017. Design project management. Routledge. Crawford, J.K., 2014. Project management maturity model. CRC Press. Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Khan, F. and Hashemi, S.J., 2017. Introduction.