Project Management: Life cycles and methodologies Report Analysis

This report examines the core elements of project management, focusing on life cycles and methodologies. It emphasizes the importance of strategic alignment, the role of the project manager, and the significance of project team and communication. The report discusses various project management methodologies like PRINCE2, and the need for efficient functional and executive management. It also touches upon the project sponsor's role and the program manager's responsibilities. The report highlights the necessity of a well-defined life cycle and appropriate methodologies for successful project management. This report is a valuable resource for students seeking to understand and apply project management principles. It is designed to help students develop a deeper understanding of the subject and improve their project management skills. This is a past paper contributed by a student on Desklib.

Project Management - Life cycles and methodologies
Weekly Portfolio Learning Table
Topic/ Reading
samples.
Personal learning outcomes Learnings from Experience References
Life cycles and
methodologies
Strategic alignment is a necessary
activity that shall be carried out in
the organizations to align the
organization strategies and project
strategies together
Success in case of projects is based
upon the combined effort and
direction in the areas of project
management, development
methods and governance.
Kerzner, H. (2013).
Project Management: A
Systems Approach to
Planning, Scheduling, and
Controlling. [online]
Available at:
http://books.mec.biz/tmp
/books/55F1OL4WQC7HL
2OBCGHS.pdf [Accessed
21 Aug. 2017].
Kerzner
Chapter 1.8-
1.10, & 10 &
11.25
Governance and competency
management enable the
organizations to gain maximum
value and execute consistent
management of the projects
Project manager must provide
time, cost and scope for successful
project plan along with details on
project team and communication.
Leijten, M. (2010).
Dealing with Competing
Project Management
Values under Uncertainty:
the Case of RandstadRail.
[online] Available at:
https://d1rkab7tlqy5f1.cl
oudfront.net/TBM/Over
%20faculteit/Afdelingen/
Engineering%20Systems
%20and%20Services/
EJTIR/Back%20issues/
10.1/2010_01_05%20Dea
ling%20with
%20Competing
%20Project
%20Management.pdf
[Accessed 21 Aug. 2017].
Aug. 2017].
There are many changes that may
come up during the project life cycle
In case of external projects, there
are several internal and external
Marinho, M. (2014). A
Guide to Deal with
1

Project Management - Life cycles and methodologies
Topic/ Reading
samples.
Personal learning outcomes Learnings from Experience References
which shall be managed in a phased
approach.
factors that are involved. The
project manager is therefore
required to manage all of the
project elements from the
beginning till the end.
Uncertainties in Software
Project Management.
[online] Available at:
http://airccse.org/journal
/jcsit/6514ijcsit01.pdf
[Accessed 21 Aug. 2017].
Journals &
Standards
 IJPM There are many project
management methodologies that
are present such as PRINCE2 that
define the stages such as starting up,
directing, initiating, managing,
controlling, management of product
deliveries, closing
Age does not have any bearing in
case of project management. In
case of inefficient functional lines,
the project manager must initiate
and implement line management,
functional management and
executive management.
Pmi (2017). PMI | Project
Management Institute.
[online] Pmi.org.
Available at:
https://www.pmi.org/
[Accessed 21
 PMJ
 SAI Global Project management can have
pre-requisites from top
management in case of the
projects that have a historical
reference with the organizations.
Project sponsor may demand an
in-house representative for
enhanced monitoring and control
which may turn in over
management in certain cases.
Program manager is responsible
for validation and verification of
the end product and to develop a
link between the project team and
the project manager.
Portfolio Reflection
It is necessary to follow a life cycle and adequate methodologies for efficient project management.
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