Project Management Methodology and Monitoring and Controlling Phases

Project Management Project 2

Table of Contents
INTRODUCTION......................................................................................................................2
Project Management Methodology........................................................................................2
Monitoring and Controlling phases........................................................................................3
End of Project report..............................................................................................................5
CONCLUSION..........................................................................................................................7
REFERENCES...........................................................................................................................8

INTRODUCTION
Project Management is the application of a process, methods as well as skills that help
to attain the project as per the agreed parameters. In the same way, current study will shed a
light upon some stages of Project Management that assist to close in better mode. The project
is based upon development of new building for employees which assist to raise motivation
level and reduce stress level in existing premise. For that study, will determine the project
methodology which is used by the project manager and then determine the monitoring and
controlling phases. Lastly, it provide end of project report that helps to examine whether the
project is met with its define aim or not under a closure stage.
Project Management Methodology
Project Management Methodology is a set of guiding principles and process in order
to manage the project and in the present case study for completing the new building which
will help to increase motivation level of employees, Project manager uses Prince2
Methodology. The method is used for managing project and its focus on business justification
as well as defining the structure of a firm for project management team (PRINCE2
Methodology, 2020). There are 7 process which help to complete the project and set the
related activities in order to manage and deliver the best project. These stages are start up the
project, initiate, direct, control, manage product delivery, manage stage boundary and last is
close the project.
The appropriateness of the project is also reflected that, with the help of this
methodology, project manager can better tracking the real time updates because it is link with
advance technology which help to provide current status of a project, while other
methodology do not. Through PRINCE2 Methodology, project manager can make data
driven decision and there is a high level view on dashboard for track progress, while other
methods do not support the same (Mousaei and Javdani, 2018). Also, this can be applied in
any type of project i.e. industry or sector, that is why, most of the project manager prefer to
use rather than other methods. On the other hand, there are 7 principles on which the method
is based that assist to perform the better as compared to others. As it involve all the
stakeholder in order to make decision at different stages so that project is completed on time
and also assist to improve communication between all team members.
While executing the project, it is necessary to use methodologies which provide back
support to the project. So with the help of PRINCE2 Methodology, which focus on business