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Comparing Project Management Methodologies

   

Added on  2020-04-01

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Running head: PROJECT MANAGEMENT METHODOLOGIES
Project Management Methodologies
Name of the Student
Name of the University
Author Note
Comparing Project Management Methodologies_1

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PROJECT MANAGEMENT METHODOLOGIES
Table of Contents
Introduction................................................................................................................................4
PM Methodology and Management level Activity....................................................................4
Implementation Processes..........................................................................................................6
PMBOK Implementation Strategy (Organisation A).............................................................6
PRINCE2 Implementation Strategy (Organisation B)...........................................................6
Waterfall Implementation (Organisation C)..........................................................................7
Issues Related to the Implementation of Methodologies...........................................................8
Organization A.......................................................................................................................8
Organization B.......................................................................................................................8
Organization C.......................................................................................................................9
Measures to Mitigate Issues in Implementing Methodologies................................................10
Organization A.....................................................................................................................10
Organization B.....................................................................................................................10
Organization C.....................................................................................................................10
Benefits of Using PM Methodologies......................................................................................11
Organization A.....................................................................................................................11
Organization B.....................................................................................................................11
Organization C.....................................................................................................................12
Conclusion................................................................................................................................13
References:...............................................................................................................................14
Appendix:.................................................................................................................................16
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PROJECT MANAGEMENT METHODOLOGIES
Introduction
The aim of this report is put emphasis on the role and impact of the Project
Management (PM) methodologies implementation into the organization. These
methodologies can be variable based on the management and organizational structure of the
organization but have a common project management framework and language for the
organizations. This means one project management methodology is not applicable to feed all
the management needs of different organization and proper methodology should be chosen
with respect to the organizational and management structure of the organizations.
This report focuses on implementation of different methodologies for three different
industries with different structure as per the case study. Which methodology is suitable in
which organization and why has been explained in this report. This report also emphasis on
the challenges that the organization might face in implementing the methodologies into the
management system of the organization. The implementation process and related issues have
been proposed in this report including measures that could eliminate the raised issues.
PM Methodology and Management level Activity
Yes, implementing PM methodology needs a management level activity because of
the involvement of individuals in a team and managing that team considering the
organizational goal needs a management or leader or manager. PM methodology should have
risk reducing and failure avoiding capabilities along with core competencies within the team
of any organization. PM methodology can be defined as the combination of practices,
processes and methods those can provide better determination of planning, developing,
delivering and controlling the project by proper and regular implementation of this
throughout the whole project till its closure (Gollenia 2016). It is scientifically proved that
PM methodology is the best disciplined and systematic process that can be helpful in project
Comparing Project Management Methodologies_3

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PROJECT MANAGEMENT METHODOLOGIES
designing, completion of the project, and execution of the project. Main purpose behind
implementing PM methodology is to provide control of the entire project in the hands of the
management in order to take better decision-making and problem solving actions that could
be helpful in enhancing the performance of the organization and producing more outputs
(Sandoval et al. 2017). Implementing methodologies also ensure the enhancement of
approaches, technologies, specific techniques and methods through a skeleton representation
of the whole processes (Craawford 2014). This skeleton will provide benefits in all the
aspects for the project manager to take decisions based on the regular auditing on the process
and achievement of those processes and finally deliver the project within the budget, accurate
specifications and in expected schedule.
Organisation A
Based on the industry and strength of the organization A, PMBOK methodology can
be implemented to enhance and regulate the productivity with positive outcomes. PMBOK is
a guide on dividing the whole management process into five levels and every level starts and
revolves around in a closed loop as stated in the figure 1 in appendix (Synder 2014).
Organisation B
This organization has the strength of 600 employees and belongs to building society
industry, which needs proper accessible and less complex methodology to enhance the
performance, which implies that PRINCE2 will be much efficient and effective methodology
for the organization management processes (Warner 2014).
Organisation C
Based on the case study, it has 600 members and belongs to technology service
industry, which could be a perfect condition to implement waterfall methodology into the
system. Waterfall methodology implementation needs large number of members’ roles and
Comparing Project Management Methodologies_4

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