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Project methodology assignment | PMBOK

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Added on  2021-04-21

Project methodology assignment | PMBOK

   Added on 2021-04-21

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PROJECT MANAGEMENTAssessment-1Project MethodologyName of the Student: RAJESH REDDY NALLAStudent I.D: 11645722
Project methodology assignment | PMBOK_1
1PROJECT METHODOLOGYQuestion1: Project Management MethodologySolution:Project Management Methodology is a life cycle that defines the five phases ofproject management. They are defining, planning, launching, managing and closing in aproject management life cycle. There are different definitions of project management methodology given by different authorswhich are described as follows.>Author 1 – Spundak: According to Špundak, (2014), “Project management methodology is defined as a set ofmethods, procedures and practices used on a project life cycle”. The role of project methodology in project management is to maintain a common language forinteraction and planning before the beginning of the project work. >Author 2- Joslin&Muller:According to Joslin& Müller, (2015), “Project Management methodology is described as anenhancement for project effectiveness. The author describes that project managementmethodology is used by project managers to achieve prediction of project success rates in projectmanagement”. The role of project methodology in project management is to lead team members to effectiveproject outcomes that achieve organizational goals and objectives.>Author 3-Keleckaite;(Keleckaite, 2015), the author describes “Project management methodology as a combination ofpractices, methods and procedures to evaluate a project in a project life cycle”.The role of project methodology in project management is to enable the tracking of progress ofeach stage in a project against the metrics and facilities that are pre-determined.
Project methodology assignment | PMBOK_2
2PROJECT METHODOLOGY>Author 4-Martinelli & Milosevic:“The project management methodology is also described asa method to avoid failure andeliminates risks in a project in its project life cycle” (Martinelli& Milosevic, 2016). The role of project methodology in project management is to establish methods for managingand handling of projects more effectively and efficiently.>Author 5-Kerzner: The definition of project methodology by other author is that,“It contains definitions, guidelinesand templates for the various activities of project management” (Kerzner, 2018). The role of project methodology in project management is to provide an estimated and accuratebudget for the completion of the whole project.
Project methodology assignment | PMBOK_3

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