Project Management Methodologies and Tools FAQ for Board of Directors

This project management FAQ document, created for Kingston-Bryce Limited's Board of Directors, comprehensively addresses key aspects of project management. It defines project management tools like Basecamp, MS Project, and JIRA, outlining their uses in task assignment, file management, and productivity tracking. The document explains the benefits of Gantt charts for scheduling and the significance of project methodologies in standardizing processes. It clarifies the critical path concept, the use of WBS, and the importance of project schedules. Additionally, it explores various project methodologies such as Waterfall and Agile, highlighting Agile's popularity. The document includes detailed explanations, answering frequently asked questions to provide a clear understanding of project management principles, tools, and methodologies, supported by relevant references.

Running head: PROJECT MANAGEMENT
FAQ in Project management
Name of the Student
Name of the University
Author’s Note

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PROJECT MANAGEMENT
1. What are project management tools?
The different types of PM tools are mainly listed below:
 Basecamp
 MS project
 Project Libre
 WorkZone
 JIRA
 Asana
 Scoro
2. What are uses of different Project management tools?
The different tools of PM that are mainly used for assigning tasks, adding comments as
well; as organizing different types of dashboards. Additionally, it assists in avoiding file
management related features including versioning, editing as well as storage of various types of
file (Kerzner, 2017). Additionally, the productivity growth needs to be tracked as well as
assessed with the help of resource management as well as tracking.
3. How Gantt chart is beneficial in managing project?
The main benefit of using the Gantt chart is to proper scheduling the task by properly
understanding clear as well as proper representation of time frame. It helps in properly adding
dependencies as well as various types pf predecessors for properly showing the project plan.
Additionally, it illustrates how the entire project will progress during the project management
related processes (Meredith et al., 2017).

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4. What is a project methodology?
Project management is one of the combinations of project related processes, methods as
well as practices which are mainly used for determining proper way to plan, develop as well as
control the entire project effectively within the entire continuous implementation procedure.
Furthermore, the methodology helps in providing the project team with proper set of standards
for initiating as well as managing the different project quite effectively.
5. What is critical path in project management?
The critical path is defined as one of the significant sequences of project-based activities
that helps in adding up the longest duration of the project regardless if the longest duration of the
project is float or not (Marchewka, 2016). This further helps in properly determining the shortest
time that is mainly required in order to successfully for finishing the work of the project.
Furthermore, the critical path helps in allowing the team for properly determining the most
significant tasks within the project. This helps in providing high level of insights on the project
timeline for giving proper duration about which duration of the project can be modified.
6. What is the used of WBS in project?
The WBS is one of the key deliverables that helps in properly organizing the work of
team effectively into a number of manageable sections. It helps in properly defining the project
scope into different number of manageable chunks such that the project team can be effectively
understanding each of the level of WBS that further assists in giving proper detailed information
(Kerzner, 2017). The project team properly create the WBS structure by properly determining
the major functional deliverable for subdividing the deliverable.

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7. What is the use of project schedule in project management?
It is found that effective scheduling generally helps in playing an important role in
effectively ensuring project success. For keeping the entire project on track, it is very much
important to set proper time frame as well as resources for decreasing errors within the project.
This further helps in minimizing the cost of the project by increasing the satisfaction among the
customers. The schedule is created as per the WBS that further lists the tasks as well as goals of
the project quite effectively.
8. Which project methodology is mostly suitable for projects?
The project methodology is mainly used in the project by analyzing the type and
characteristics of the project quite effectively. Proper use of project management methodology is
helpful in effectively standardizing, structuring as well as organizing the work methods of the
project (Martens & Carvalho, 2017). These projects generally focus on all the project in a very
much similar way for allowing an individual for repeating successful aspects that results in
continuous improvement of the project.
9. What are different types of project methodologies. Name them.
The different types of project methodologies are mainly listed below:
 Waterfall methodology
 Agile methodology
 Hybrid methodology
 Scrum methodology
 Critical path method
 Critical chain project management

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 Integrated project management
10. What are the most popular project methodologies?
Agile is considered as one of the most popular methodologies for delivering some of the
important complex projects. It mainly utilizes six different types of project deliverables for
effectively tracking the project progress for properly creating the product vision statement as
well as roadmap for the entire project (Badewi, 2016). It is one of the development methods that
requires both solutions as well as requirements that generally evolve through different cross-
functional teams with the help of proper collaborative effort. It further aligns with the project as
well as product development with proper requirements for achieving the goals of the
organization.

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References
Badewi, A. (2016). The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), 761-778.
Demirkesen, S., & Ozorhon, B. (2017). Impact of integration management on construction
project management performance. International Journal of Project Management, 35(8),
1639-1654.
Kerzner, H. (2017). Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Kerzner, H. (2017). Project management metrics, KPIs, and dashboards: a guide to measuring
and monitoring project performance. John Wiley & Sons.
Marchewka, J. T. (2016). Information technology project management: Providing measurable
organizational value. John Wiley & Sons.
Martens, M. L., & Carvalho, M. M. (2017). Key factors of sustainability in project management
context: A survey exploring the project managers' perspective. International Journal of
Project Management, 35(6), 1084-1102.
Meng, X., & Boyd, P. (2017). The role of the project manager in relationship
management. International Journal of Project Management, 35(5), 717-728.
Meredith, J. R., Mantel Jr, S. J., & Shafer, S. M. (2017). Project management: a managerial
approach. John Wiley & Sons.

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