PPMP20009 Project Management Methodologies Report: Weeks 5-8

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This report analyzes various project management methodologies discussed in a PPMP20009 course, drawing on lecture presentations from weeks 5-8. It explores the importance of established techniques for achieving competitive advantages, emphasizing the roles of the project management team, business analysts, and stakeholders. The report highlights key concepts such as feasibility studies, cost-benefit analysis, and risk assessment. It also examines the application of methodologies like Prince2, focusing on project governance, ethical considerations, and the use of SMART objectives. Furthermore, the report covers project planning, dependencies, and the use of SDLC life cycles in software projects. The analysis emphasizes the importance of adhering to project plans, client requests, and continuous management to ensure successful project outcomes.
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Running head: PROJECT MANAGEMENT METHODOLOGIES
Project Management Methodologies
Name of Student:
Name of University:
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2PROJECT MANAGEMENT METHODOLOGIES
Topic and
reading samples.
Your personal learning outcomes
from this unit.
Learnings from your experience. Supporting documentation
including your prior learnings.
Project
Management
Methodologies
PPMP20009
Week 5 Lecture
Presentation
From the presentation I learn that a project
can be accomplished successfully following
the best techniques. The best techniques can
help the companies to gain the desired
competitive advantage. The project
management team can work better
This presentation unit defines the simple
steps that are needed to analyse. During
execution of the project, the three steps
that are required to assess are the
sustained leadership, continuous
management, and the change management.
In the next step, the feasibility study is
performed by the business analyst. The
business analyst is required to assess the
business operations in terms of cost-benefit
analysis and system need. The business
analyst has been appointed to analyse the
current situation of the organisation. The
project management team must follow the
project plan. The project plan and his team
must follow the project team and the
feasibility report and based on that they
must accomplish the project operations.
The business analyst is responsible to
capture the rationale of the OPM. The
project manager is in charge of carrying out
the cost-benefit analysis and the project
risks analysis. The stakeholders can be able
to assess the budget of the project. The
feasibility study can assist them in knowing
the benefits the project will offer.
Kerzner, H. and Kerzner, H.R., 2017. Project
management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Project
Management
Methodologies
PPMP20009
Week 6 Lecture
Presentation
I acknowledge reading the particular
presentation that a project methodology must
be followed. The presentation defines about
OPM framework can prove to be helpful for
them. OPM framework is helpful to analyse
the present state of the organisation and
future improvement scope
The enterprises are responsible to analyse
in details what are the actual needs of
them. The enterprises have certain
objectives regarding the project. The
business analyst‘s duty is to conduct the
feasibility study. The enterprises should
follow any project methodology. Any
specific project methodology can assist
Harrison, F. and Lock, D., 2017. Advanced
project management: a structured approach.
Routledge.
Document Page
3PROJECT MANAGEMENT METHODOLOGIES
Topic and
reading samples.
Your personal learning outcomes
from this unit.
Learnings from your experience. Supporting documentation
including your prior learnings.
them in conducting the business. Prince2 is
popular and can give them several benefits.
The project manager by following Prince2
can be able to start the project and can
continue the project following a proper
direction. The project manager must act
responsibly and must assist the
stakeholders. They must communicate with
stakeholders and must help them in need.
The business analyst as well as the project
manager must facilitate the cross-functional
integration.
Project
Management
Methodologies
PPMP20009
Week 7 Lecture
Presentation
From the unit I come to know that the project
objectives must be followed all the time, the
project methodology can bring the organised
structure, also they can perform those
efficiently
The project manager as well as the
stakeholders can be able to manage the
project method by following a suitable
project methodology. Prince2 is one such
methodology that can assist in completing
the project within the stipulated deadline.
The project methodology like Prince2 is
integrated with governance and policies.
The governance and policies can help the
project stakeholders to accomplish the
project in ethical means. The policies assist
them in continuous management. The
stakeholders of the project will have to
conduct the project in accordance to the
SMART objectives. The SMART objectives
will help them to conduct the project
activities within stipulated timeline, within
the specified budget.
Fuller, M.A., Valacich, J.S., George, J.F. and
Schneider, C., 2017. Information Systems
Project Management: A Process and Team
Approach, Edition 1.1. Prospect Press.
Project
Management
Methodologies
This unit help me to understand that the
stakeholders must follow the clients request
all the time. This can help them to achieve the
The project stakeholders are employed by
the project manager and they bound to
work as per project plan. The project
Heldman, K., 2018. PMP: a project management
professional exam study guide. John Wiley &
Sons.
Document Page
4PROJECT MANAGEMENT METHODOLOGIES
Topic and
reading samples.
Your personal learning outcomes
from this unit.
Learnings from your experience. Supporting documentation
including your prior learnings.
PPMP20009
Week 8 Lecture
Presentation
project goals contains all the details of the task activities
ranging from activities start date, finish
date. The project dependencies can be
known. The WBS shows all the project
activities along with the project
dependencies in the hierarchical form. The
software project can be carried out
following the project methodology cycle
that is the SDLC life cycle.
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