Project Management for Non-Profit: Agile Methodology and Risk Analysis

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Added on  2022/10/04

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This project delves into the application of project management methodologies, specifically focusing on the Agile methodology within a non-profit context. The project examines the importance of effective project management, particularly in organizations with around 1000 employees, and emphasizes the need for robust risk management strategies. It outlines the project phases, from initiation to closure, and highlights the benefits of the Agile approach, such as enhanced customer service and improved project performance. The project also provides steps for successful project management, including defining the scope, preparing deliverables, structuring the work breakdown, scheduling, budgeting, and managing human resources. Furthermore, it discusses the crucial aspects of construction projects, stakeholder analysis, and the essential steps involved in risk management. The project underscores the overall significance of project management in achieving successful outcomes within a non-profit setting. The project includes references to support the research.
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Project management
methodologies – for Non profit type
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About the project
The project that is being selected for this module is non
profit.
The number of employees associated with this project is
around 1000 people.
The organization is 5 years old
The risk that is being associated with the project types is
comparatively high and thus it becomes essential to
implement proper risk management strategies.
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Project processes
In a non profit project type
it becomes essential to
ensure that the process is
being executed efficiently.
In a not for profit type of
project it becomes
essential to manage the
activities successfully so
that it can produce better
benefits towards the
people associated with
the project.
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Project processes
The phases
associated with
implementing a
project includes:
Project initiation
phase
Project planning
phase
Project execution
phase
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Project management
methodologies
Project management methodology is mainly used for
the purpose of carrying out the project successfully.
There are several different project management
methodologies that are used for carrying out a
project.
In order to carry out a non profit project the suitable
methodology is agile methodology.
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Agile Methodology
Agile methodology is one of the
best methodologies of project
management as it offers great
flexibility towards the project
team.
Agile project management
methodology offers
development of project based
on the iterative and
incremental approach.
The major benefits that are
offered with agile methodology
is that it ensures better
customer services and the
performance also enhances.
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Steps for effective project
management
For carrying out a project
successfully it becomes
essential to follow the below
mentioned steps:
Stating the scope statement
Preparing the deliverables
related to the project
Preparing the work breakdown
structure
Scheduling the project
Preparing t5he budget
Analyzing the quality and
providing proper human
resources plan
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Five components for
successful project management
The five basic components
for delivering a project
successfully includes:
Clear objective of the project
goals
Maintaining the flexibility
throughout the project
Communicating properly
with the major stakeholders
Keeping a track of the
project
Reviewing the project at
each step
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Important aspects for
construction project
For construction project
it becomes essential to
determine the basic
requirements at early
stage so that the
budget can be
prepared based on the
needs of the
customers.
Stakeholder analysis
plays a crucial role in
construction project
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Risk management
Risk management is
used for the purpose of
identifying the risks at
early stage so that the
issues can be resolved
effectively.
Steps in managing the
risks includes:
Identifying the risk at
early stage
Analysis of the risks
Mitigating the risks
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Importance of
project management
With the help of risk management
strategy it will become easy to
manage the risks
The project can be executed
successfully with the help of proper
budget and scheduling
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References
Kerzner, H. (2017). Project management: a systems
approach to planning, scheduling, and controlling. John
Wiley & Sons.
Binder, J. (2016). Global project management:
communication, collaboration and management across
borders. Routledge.
Karaman, E., & Kurt, M. (2015). Comparison of project
management methodologies: prince 2 versus PMBOK for
it projects. Int. Journal of Applied Sciences and
Engineering Research, 4(4).
Meredith, J. R., Mantel Jr, S. J., & Shafer, S. M.
(2017). Project management: a managerial approach.
John Wiley & Sons.
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