Project Management Methodology

Project management methodology

PROJECT MANAGEMENT METHODOLOGY
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Contents
Task 1.........................................................................................................................................2
Definition of project methodology.........................................................................................2
Role of methodology in project management........................................................................2
Task 2.........................................................................................................................................2
Types of project methodologies.............................................................................................2
Compare and contrast the agile scrum and waterfall processes.............................................2
Task 3.........................................................................................................................................3
Agile scrum with project life cycle........................................................................................3
Waterfall with SDLC..............................................................................................................3
References..................................................................................................................................5

PROJECT MANAGEMENT METHODOLOGY
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Task 1
Definition of project methodology
The term methodology refers to the technique which is used in the field of project
management for designing, developing and implementing the various kinds of projects in
industry. The use of project methodology is growing rapidly and many companies use this
process for completing their projects with better outcomes (Kerzner, 2019). It is observed that
the project methodology is a combination of the various kinds of logic, processes, techniques
and practices that identify the best approach for completing the project within the assigned
deadline. However, it is defined as the model that evaluates the best process for designing
and implementing projects in the organization.
Role of methodology in project management
The project methodology is a process which is used by the project managers in order
to arrange, design and implement the projects. The term methodology plays a significant role
in the area of project management because it helps the management team to complete projects
and achieve their goals and aims in less time (Hermano, & Martín-Cruz, 2019). However, it
has the potential to improve the efficiency and performance of the projects due to which
many companies and industries use project methodologies for implementing their projects.
Task 2
Types of project methodologies
 Agile XP
 PRINCE2
 Unified process
 Waterfall
 Agile scrum
Compare and contrast the agile scrum and waterfall processes
The agile scrum is one of the best methodologies that provide consistent life cycle and
testing the development of software. The waterfall methodology does not provide a consistent
life cycle and it can be used to achieve dependencies. In the case of the agile process the
project is divided into numbers of sprints but in the waterfall the project is categorized into