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Project methodology assignment - PMBOK

   

Added on  2021-04-21

6 Pages1300 Words200 Views
Running head: PROJECT METHODOLOGYProject MethodologyName of the StudentName of the UniversityAuthor note

1PROJECT METHODOLOGYQuestion1: Definition of Project MethodologySolution: Project methodology is one of the five phases of project management lifecycle. The different authors have given different definitions of project methodology in theirresearch work and are given below in the following paragraphs.The definition of project management methodology is given as an improvement inefficiency and effectiveness of project management. The project methodology is used as a tool topredict the success rate of project development and achievement in project management lifecycle (Kerzner & Kerzner, 2017). The project methodology role in project management is to helpproject managers in management of the project and achieve project success. According to Joslin& Müller, (2015), project methodology refers to a collection of processes, design, andapproaches to be used in a project. The project methodology role in project management is that aproject depends on the above given collection set providing successful delivery of projectobjective. The other definition of project methodology by different author shows that projectmethodology helps to examine and evaluate a project (Schwalbe, 2015). The examining andevaluation of project methodology is done to identify the schedule of the project for successfuldelivery of project. The project methodology role in project management is to determine theprecise and standardized approach towards project design, execution, organization andcompletion of project management life cycle. According to Kerzner, (2018), project methodology is described as a process or methodto prevent any type of failure and minimize risks in a project development in a projectmanagement life cycle. The project methodology role in project management helps to provideearly possible solutions to the project development. The other definition of project methodology

2PROJECT METHODOLOGYis that it consists of guidelines and processes for different operations in project management lifecycle (Nicholas & Steyn, 2017). The project methodology role in project management helps tocalculate accurate costs for project development.Question2: PMBOK and Agile ScrumSolution: The comparison of Agile Scrum and PMBOK methodologies are given asfollows. Agile Scrum methodology refers to framework developed by experts group in softwaredevelopment however PMBOK methodology refers to a standard developed by the institute ofproject management. The management of project is done by the project manager in PMBOKmethodology. However, in Agile Scrum methodology, both the scrum master and self-management team together functions and manages the project management life cycle. The AgileScrum methodology mainly focuses on fast and quick delivery of project service when theproject development starts (Abrahamsson et al., 2017). However, PMBOK methodology mainlyfocuses on completion of all processes in planning phase and then the project developmentbegins. The defined work is prioritized in PMBOK methodology by the project manager whereaswritten story is prioritized in Agile Scrum methodology by the owner of the product service. TheAgile Scrum methodology is appropriate for development of small projects whereas PMBOKmethodology is appropriate for large and complex project development. The Agile Scrummethodology is divided into various phases called sprints however, PMBOK methodology isdivided into various stages classified one by one. The PMBOK methodology and Agile Scrummethodology delivers the correct product on scheduled time with scheduled budget (Varajão,Colomo-Palacios & Silva, 2017). The interaction between the project manager and teammembers is done in both the methodologies. The stages of project developmet are brieflyillustrated and similar project management life cycle is followed by both the methodologies.

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