BN4010: Evaluating PRINCE2 and PMI in Lakeside Cafe Project Management

This report provides a detailed evaluation of PRINCE2 and PMI project management methodologies, comparing their functions, processes, and suitability for project implementation. It highlights that both methodologies aid in achieving effective goal alignment, with PMI being widely used and incorporating traditional PMBOK operations. The report also discusses a specific case, Lakeside Café Construction, arguing that PRINCE2 is the better choice due to its focus on customer requirements, definite structure, product-based emphasis, and operational flexibility. The analysis includes literature review and concludes that both PRINCE2 and PMI are helpful for deploying effective work alignment in project management methodologies. Desklib is a great platform for students to find similar assignments and study resources.

Running head: PROJECT MANAGEMENT METHODOLOGY
Project Management Methodology
Lakesid café
Name of the Student:
Student ID:
Name of the University:
Author’s note:

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Table of Contents
Introduction......................................................................................................................................2
Evaluation of PRINCE2 and PMI methodology.............................................................................2
Context why PRINCE2 is best for the project.................................................................................5
Conclusion.......................................................................................................................................6
References........................................................................................................................................8

2PROJECT MANAGEMENT METHODOLOGY
Introduction
The development of the effective methodology for the project activities would be
integrated with the formation of the improved work alignment and management (Apostolopoulos
et al. 2014). The project management methodologies would be integrated with the simplification
of the works. The management of the implication management would be eased with the
formation of the effective alignment and the significant listing of the project management works.
The comparison of the works would be integrated with the utilization of the works for aligning
the development of the PRINCE2 and PMI methodology.
The following assignment has been developed for the listing of the innovative work
alignment and integrating the listing of the information for the project. The following assignment
has aligned the evaluation of the PRINCE2 and PMI methodology. The evaluation of the
methodologies of PRINCE2 and PMI has been given in the following sections. The literature
review on the two methodologies has been executed with the utilization of the improved work
completion management.
Evaluation of PRINCE2 and PMI methodology
The PRINCE2 and PMI methodologies are the project management methodologies that
are helpful for the deployment of the processing for the implication of the project management
works. The implication of the PRINCE2 and PMI methodologies ensure the management of the
project activities using specific knowledge tools and principles for the project. According to
Ahimbisibwe, Cavana and Daellenbach (2015), PRINCE2 stands for projects in controlled
environment and it is used in large scale for the completion of the project and it would imply the
successful approval of the project. The integration of the project management methodology

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would be integrated with the formation of the implied project management works. The alignment
would be integrated with the information management processing. The listing of the functions of
PRINCE2 would allow the controlling of the resources and the management of the business
development. The risk management would be deployed for effective management of the risk. It
would benefit the increment of the prospect of operations and the implication of the successive
work formation.
Karaman and Kurt (2015) have provided detail analysis of the PMI methodology and it
defines it as the implication of the effective work formation and the utilization of the traditional
PMBOK supplied operations. The PMI have been used by most of the project managers as it
comprise of all basic methodologies and processes of project management methodologies. The
information alignment of the project management methodology would be supported by the
utilization of the work and effective implication of the works. The listing of the probable
management works would be aligned with the methodology of integrating the works and
aligning the listing of the works and forming the development formation. According to Mousaei
and Gandomani (2018), the PMI follows the processes of initiating, planning, executing,
controlling, and closing. These methods would be integrated with the continuation of the
improved work alignment and development.
According to Yao, Siang and Yih (2016), the PRINCE2 and PMI have relative functions
as both of them are project management methodologies deployed for effectively completion of
the works. The PRINCE2 methodology would help in listing the management for excavating the
work for deploying the successful listing management. The PRINCE2 certification can be done
very easily and it helps in the faster execution of the management. The implication listing would
be developed for the continuation of the smart work analysis. PRINCE2 can be effectively used

4PROJECT MANAGEMENT METHODOLOGY
in many projects and it helps in forming the complete analysis of the project (Tavan and Hosseini
2016). The methodology would help in focusing the main requirements of the project owner for
the project works. The completion of the project using the methodology would help in easing the
approval of the final outcome of the project. The methodology of PRINCE2 has a definite
structure in terms of execution of the project work alignment. The improvements in operations
would be aligned with the formation of the improved construction works. It would help in listing
flexible operations for the project and ensuring the alignment of the works (Skogmar 2015). The
project management methodologies would be integrated with the simplification of the works.
The management of the implication management would be eased with the formation of the
effective alignment and the significant listing of the project management works.
The PRINCE2 and PMI methodologies are the project management methodologies that
are helpful for the deployment of the processing for the implication of the project management
works. The implication of the PRINCE2 and PMI methodologies ensure the management of the
project activities using specific knowledge tools and principles for the project (Saad et al. 2014).
The integration of the project management methodology would be integrated with the formation
of the implied project management works. The alignment would be integrated with the
information management processing. The listing of the functions of PRINCE2 would allow the
controlling of the resources and the management of the business development. The risk
management would be deployed for effective management of the risk. The PMI have been used
by most of the project managers as it comprise of all basic methodologies and processes of
project management methodologies (Vardy 2015). The information alignment of the project
management methodology would be supported by the utilization of the work and effective
implication of the works. The listing of the probable management works would be aligned with

5PROJECT MANAGEMENT METHODOLOGY
the methodology of integrating the works and aligning the listing of the works and forming the
development formation. The PMI follows the processes of initiating, planning, executing,
controlling, and closing (Maric 2017). These methods would be integrated with the continuation
of the improved work alignment and development.
Hence as per the study by Tavan and Hosseini (2016), the PMI and PRINCE2 would be
helpful for deploying the effective alignment of the works for taking care of the innovative and
effective work alignment. The PMI and PRINCE2 both employs the utilization of the successful
work alignment for the project management methodologies.
Context why PRINCE2 is best for the project
PRINCE2 methodology is helpful for the listing of the project works and the listing of the
works for the alignment of the innovative work completion (Ahimbisibwe, Daellenbach and
Cavana 2017). The PRINCE2 methodology would help in listing the management for excavating
the work for deploying the successful listing management. The PRINCE2 methodology would be
implied with the focusing on the implication of the successive work alignment. The PRINCE2
methodology would be integrated with the formation of the effective work alignment
management. The PRINCE2 certification can be done very easily and it helps in the faster
execution of the management. The implication listing would be developed for the continuation of
the smart work analysis. Krysinski and Miller (2016), have stated that the PRINCE2
methodology would help in effective alignment of the processes for the project. PRINCE2 can be
effectively used in many projects and it helps in forming the complete analysis of the project.
The benefits of implication of the PRINCE2 methodology for Lakeside Café Construction are,

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Focus on customer requirements: The main benefit of using PRINCE2 methodology for
the project of Lakeside Café Construction is that the methodology focuses on the customer’s
requirements. The methodology would help in focusing the main requirements of the project
owner for the construction of the café. The completion of the project using the methodology
would help in easing the approval of the final outcome of the project.
Following definite structure for management: The methodology of PRINCE2 has a
definite structure in terms of execution of the project work alignment. The management of the
works would be implemented with the formation of the definite work alignment management.
The organizational structure for the project would be supported by the implication of the work
development for the Lakeside Café Construction.
Product based emphasis: The PRINCE2 methodology is supportive to the product based
operations and the alignment of the works. The deployment of the works sustained with the
formation of the café. The utilization of the methodology would focus more on the final outcome
of the project that is the café by the Lakeside.
Flexibility in operations: The implication of the PRINCE2 methodology would support
the flexibility in operations and the alignment management. The improvements in operations
would be aligned with the formation of the improved construction works for the Lakeside Café
Construction. It would help in listing flexible operations for the project and ensuring the
alignment of the works.
Conclusion
It can be concluded from the assignment that both PRINCE2 and PMI helps in
developing the completion of the effective goal alignment. The PMI had been largely deployed

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and executed with the formation of the success for project managers. The PMBOK methodology
had been effectively deployed for the listing of the innovative work completion. The integration
of the project alignment for forming the evaluation of the works definite to the implication of the
progressive work development. The project management methodologies had be integrated with
the simplification of the works. The comparison of the works had been integrated with the
utilization of the works for aligning the development of the PRINCE2 and PMI methodology.
The following assignment had been developed for the listing of the innovative work alignment
and integrating the listing of the information for the project. The following assignment had
aligned the evaluation of the PRINCE2 and PMI methodology. The evaluation of the
methodologies of PRINCE2 and PMI had been given in the following sections. The literature
review on the two methodologies had been executed with the utilization of the improved work
completion management. The report had been developed for the listing of the information related
to the project management methodologies.

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References
Ahimbisibwe, A., Cavana, R.Y. and Daellenbach, U., 2015. A contingency fit model of critical
success factors for software development projects: A comparison of agile and traditional plan-
based methodologies. Journal of Enterprise Information Management, 28(1), pp.7-33.
Ahimbisibwe, A., Daellenbach, U. and Cavana, R.Y., 2017. Empirical comparison of traditional
plan-based and agile methodologies: Critical success factors for outsourced software
development projects from vendors’ perspective. Journal of Enterprise Information
Management, 30(3), pp.400-453.
Apostolopoulos, C., Halikias, G., Maroukian, K. and Tsaramirsis, G., 2014. Towards the
Facilitation of Project Change Risks: An IT Service Management Perspective.
Karaman, E. and Kurt, M., 2015. Comparison of project management methodologies: PRINCE2
versus PMBOK for it projects. Int. Journal of Applied Sciences and Engineering Research, 4(5),
pp.657-664.
Krysiński, M. and Miller, P., 2016. The Role of Conflict in Project Management in the PRINCE2
Methodology. Ekonomika i Organizacja Przedsiębiorstwa, (6), pp.3-12.
Marić, A., 2017, January. COMPARISON OF PROJECT MANAGEMENT FRAMEWORKS
AND TOOLS AND THEIR IMPACT ON PROJECT SUCCESS. In 2nd International Scientific
Conference LEAN Spring Summit 2017.
Mousaei, M. and Gandomani, T.J., 2018. A New Project Risk Management Model based on
Scrum Framework and PRINCE2 Methodology. development, 9(4).

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Saad, S., Ibrahim, A., Asma, O., Khan, M.S. and Akhter, J., 2014. PRINCE2 Methodology: An
Innovative Way for Improving Performance of Malaysian Automotive Industry. The Journal of
Technology Management and Technopreneurship (JTMT), 1(1).
Skogmar, K., 2015. PRINCE2®, the PMBOK® Guide and ISO 21500: 2012. White Paper,
AXELOS.
Tavan, F. and Hosseini, M., 2016. Comparison and analysis of PMBOK 2013 and ISO
21500. Journal of Project Management, 1(1), pp.27-34.
Vardy, A., 2015. PRINCE2 Project Management For Beginners: The Ultimate Beginners Crash
Course To Learn PRINCE2 Project Management Quickly And Easily.
Yao, C.C., Siang, L.F. and Yih, C.H., 2016. Comparing and Identifying the Similarities and
Differences of Global Project Management Philosophies. INNOVATION AND MANAGEMENT,
p.1677.