Project Management Methodologies: Recommendations and Analysis

This report delves into the critical importance of selecting appropriate project management methodologies for organizational success. It explores the nuances of different approaches, focusing on PMBOK and PRINCE2, and their suitability for varying project types. The report analyzes the specific needs of two organizations, recommending PMBOK for a technical product manufacturer expanding into new markets and PRINCE2 for a European government project-focused organization. It discusses the advantages and disadvantages of each methodology, including the importance of risk management, cost-effectiveness, and adaptability to project scope. The report emphasizes the significance of proper planning, execution, and control in ensuring project success, while also considering the assumptions and potential challenges associated with each methodology. The goal is to provide insights into how to best manage projects and mitigate risks, ultimately leading to better outcomes.

Running head: PROJECT MANAGEMENT METHODOLOGIES
Project Management Methodologies
Name of the Student
Name of the University
Author Note

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Introduction
Selection of an appropriate methodology is very important for the success of a project
work. There are various types of methodologies for managing the different types of projects.
Appropriately arranged and legitimately oversaw venture or projects is relied upon to diminish
the distinctive dangers and difficulties looked by the association. Nonetheless, one important
basic need of task administration is decision of an appropriate venture procedure with the
assistance that the undertaking will be executed (Berssaneti & Carvalho, 2015). Approach can
be characterized as an arrangement of techniques that re executed in a specific region to get the
changes needed in a specific association or a task. It provides assistance in orderly, organized
and hypothetical examination of the diverse procedures and the techniques related with an
association. The decision of the venture administration technique shifts from association to
association and the requirements or objective of various associations’ changes. The reason for
this exposition is to recommend fitting undertaking administration approaches for three unique
associations (Galván-Cruz, Mora, O'Connor, Acosta-Escalante & Alvarez, 2015). The objectives
of every one of the association differ and in this way, it is basic to recommend a legitimate
undertaking administration approach for every association as per the hierarchical needs. Besides,
there are various advantages of utilizing an appropriate venture administration approach in
dealing with the diverse tasks of an association. Utilization of task administration strategy
impressively helps in basic leadership. The extent of the task stays in charge with the utilization
of a specific venture procedure as it takes out the odds of extension sneak in the undertaking. The
utilization of legitimate venture strategy guarantees opportune execution of an undertaking with
a less odds of calendar dangers. In this paper, the venture administration strategy for every

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association is proposed in the wake of assessing the undertaking requirements and the objectives
of the task.

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Suggested Methodology for Managing the Projects in Organisation A
Association A will be a producer of technical products. It now needs to create showcase
in North and South America. For this, the association is expected to extend its assembling
activities in Brazil. The point of the association is to establish deals and showcasing division at
the begining and afterward establishment of a minimal effort and high innovation fabricating
plant. The organization right now has 2100 employees and for this task, the employees will be on
secondment for 6 months to 12 months who will give assistance in the establishment of the new
activities of the association. One major imperative criteria for picking a venture technique for
this association is a quick usage of the undertaking, while another important characteristics being
the execution of the task in a minimal effort.
The execution of a task administration procedure in this specific association is an
administration level movement since it is the choice of the administration to grow the
organization’s business in Northern and Southern region of America. Since the decision of
undertaking administration technique shifts from venture to extend, it for the most part turns into
the duty of the task director for settling on the right decision of venture procedure (Mir &
Pinnington, 2014). Subsequently, the task administrator and now and again, the program
supervisor ought to be associated with this action.
PMBOK is the chosen methodology for managing the projects of this organization.
PMBOK is an American National Standards Institute standard that was created by venture
administration foundation. This strategy or venture direct partitions the task into five stages for
better usage of each undertaking. In this way, the task administration collection of information
isolates an undertaking into 5 different stages, which are starting, arranging, executing,

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controlling and shutting of the venture. Moreover, since the undertaking is a technological
innovation venture, it is basic to include modernized process. This undertaking administration
strategy starting at now is proposed for this venture just (Martens & Carvalho, 2016). PMBOK is
an American standard of undertaking administration and thereof it is normal that local people
will have a thought of this standard that will make the procedure of venture execution less
demanding (Vijayasarathy & Butler, 2016). The usage get ready for the undertaking is talked
about beneath.
In the start period of the undertaking, the task prerequisites are accumulated for building
up the assembling plant. The arrangement for establishment of offers and advertising division of
the association is likewise arranged in this stage (Kerzner, 2015).
In the arranging stage, the task design is made that includes establishment of of an
undertaking group, asset allotment and calendar estimation for the venture.
The execution period of the task predominantly manages the usage of the venture that is
establishment of an ease producing plant.
The end stage incorporates fruitful conveyance of the venture in planned time and the
assessed cost.
The upkeep stage incorporates standard assessment for dispensing with the odds of
venture disappointment.
The undertaking will be actualized by the usage design. One of the huge favourable
circumstances of utilizing the PMBOK in ventures is that the whole undertaking can be
appropriately administered and in this way, there are next to no odds of task disappointment.

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Undertaking administration and usage of venture in a controlled situation is offered by PRINCE2
strategy too. Be that as it may, the cost of activities that are utilizing the PRINCE2 strategy is
significantly higher as the distinctive periods of the venture are executed in a controlled
situation. A standout amongst the most critical criteria for this task is usage of a minimal effort
venture and along these lines, this procedure isn't proposed for this undertaking (Dybå, Dingsøyr
& Moe, 2014).
While proposing PMBOK strategy for the undertaking, certain suppositions are made. It
is accepted that the neighbourhood colleagues will have an unmistakable learning about the
essential procedure of PMBOK. It is additionally accepted that every one of the necessities of the
undertaking are accurately recognized in the start period of the task and in this manner there are
no odds of progress in extent of the venture. This is basic in light of the fact that the PMBOK
does not permit the adjustment in venture scope after the undertaking has begun its execution
(Bakel et al., 2018). PMBOK ends up fruitful in the activities that have a low level of
vulnerability. In this way, it is accepted that this specific venture has low level of vulnerability.
Be that as it may, there are sure issues related with the utilization of PMBOK in an
undertaking. This is principally on the grounds that PMBOK is just a manual for venture
administration. PMBOK gives certain principles that can be utilized to actualize a venture and in
this way it may not have any significant bearing in each undertaking. The PMBOK is decided for
this undertaking as the current workers of the association will give a help to the task, who has a
legitimate information and experience of utilizing PMBOK control (Joslin & Müller, 2016).
Since this strategy does not have any significant bearing to a wide range of ventures, it is
prescribed that this procedure is connected for this specific undertaking of the association and
not to every one of the activities of the association. Another issue related with the utilization of

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PMBOK in usage of a venture is that, no change demand can be acknowledged after start of the
task. Keeping in mind the end goal to moderate this test, the necessities gathering is done toward
the start of the venture and those prerequisites are legitimately drafted in a task design (Svejvig
& Andersen, 2015).
There are various advantages of embracing this technique for venture usage. The
utilization of PMBOK guarantees that the undertaking will be conveyed with the planned time.
This is conceivable since an arrangement driven task execution approach is followed in the
undertaking and since the venture won't think about any difference in scope in the task, it is
normal that the venture will be finished in the set spending plan of the task (Gollenia, 2016). In
this manner, the decision of PMBOK for dealing with the activities of association A is
legitimized.
Suggested Methodology for Managing the Projects in Organisation B
This association is for the most part chipping away at the tasks of European government.
The organization is a little estimated association with 300 workers. The point of the association
is to expand the foundation ventures embraced by the organization in Europe yet the organization
chief of the association is worried about the way that with the expansion in the quantity of
activities being attempted, the money related dangers related with the association will increment
also. Along these lines, a legitimate venture strategy is to be recommended for the association
that will address all the distinctive undertaking dangers, for the most part the budgetary dangers
of the task.
Since the executive of the association needs a recommendation of a task approach that
will decrease the money related dangers for the association, this is unquestionably an

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administration level movement. Alongside the undertaking supervisor that organization
executive will likewise be engaged with this choice (Crawford, 2014). A task administration
strategy is should have been proposed for the association that will get to the dangers related with
the activities.
The recommended technique for association B is unquestionably PRINCE 2 venture
administration strategy as it is thought to be the most extensive approach for administration of
the dangers. In this venture administration approach, the task is actualized in a controlled domain
with appropriate checking of the hazard and along these lines it diminishes the odds of dangers
related with an undertaking. Keeping in mind the end goal to moderate the money related
dangers related with the venture, it is fundamental to build up an appropriate administration
body. It is conceivable with the assistance of PRINCE venture strategy (Newton, 2016). Since
the budgetary hazard is related with every one of the undertakings attempted by the association,
it is prescribed that the pRINCE2 technique is to be executed completely. In PRINCE2, the
dangers related with a venture or an association is principally gotten to by the probability of
event and its effect in the task. PRINCE2 is a procedure based approach that gives a simple and
custom-made adaptation of task usage (Golini, Kalchschmidt & Landoni, 2015). This system is
created by the workplace of government trade in UK and is widely utilized both in UK and
universally. The execution design of this strategy is talked about underneath
The whole task is isolated into seven procedures that aides in less demanding observing
of the undertaking, in this manner decreasing the dangers related with the same.
The controlling period of the venture sets up appropriate task administration with the goal
that the dangers in the undertaking can be legitimately alleviated.

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The PRINCE2 venture procedure guarantees that normal gatherings are held with the
goal that the issues in the distinctive task process and the undertaking dangers can be examined
legitimately.
While proposing the PRINCE2 venture procedure for the association B, certain
suppositions are made. It is accepted that the workers know about the PRINCE2 venture strategy.
On the off chance that the representative have no related knowledge of working with PRINCE2
venture administration strategy, it is accepted that legitimate preparing will be given to the
representatives of the association (Machado, Pinheiro & Tamanini, 2015).
It is accepted that the PRINCE2 venture procedure will be proper for the sort of
foundation extends that association B embraces. Since the PRINCE2 venture approach checks
the suitability of an undertaking before proceeding onward to the following stage, it turns out to
be anything but difficult to distinguish and moderate the dangers related with a specific task
(Singh & Lano, 2014).
In any case, there are sure issues related with the utilization of PRINCE2 venture
administration technique that the association may confront. The hidden issues related with this
venture administration system essentially emerge due to the protracted undertaking stages. The
change administration in the undertaking is troublesome if the task is utilizing a prince2 venture
administration approach (Ramazani & Jergeas, 2015). The ventures that are executed with the
PRINCE2 venture administration approach requires additional time for finish as it includes
overwhelming documentation.
PRINCE2 venture technique is prescribed as it can offer various favourable
circumstances and advantages to the association separated from appropriate hazard

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administration. It is an arrangement situated and process based approach and in this way,
appropriate administration can be upheld in a venture. Moreover, the PRINCE2 venture strategy
centres in legitimate advancement of the items and subsequently, utilization of this strategy can
help in appropriate execution of the distinctive tasks attempted by association B (Lientz & Rea,
2016). Since the principle point of association B is to address and deal with the money related
dangers related with the association, it is suggestion of PRINCE2 method for managing the
projects for association B is supported.
Suggested Methodology for Managing the Projects in Organisation C
Association C is an entrenched and develop association that was set up 11 years back.
This association has fruitful plan of action and is hoping to enhance its undertaking conveyance
capacities. This association gives budgetary administrations and advices in the zones of tax
assessment, arranging, finance administration and retirement arranging. The senior
administration of the association is continually searching for a group that is vigorous, excited and
exceptionally energetic. The association is certain that their business procedure will accomplish
great outcomes. In any case, the association is searching for a specific undertaking
administration approach that will enhance the execution of the venture.
The decision of a venture administration strategy for this association is an administration
level action in light of the fact that the higher authorities of the association is searching for a
procedure that will enhance the execution of the activities that are attempted by this association.
Every one of the branches of association that are accountable for the diverse undertakings that
are being embraced ought to be engaged with choosing which system will be fitting for
considering in this association (Seymour & Hussein, 2014).

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Since the primary point of the association is to enhance the procedure of venture
execution, six sigma venture strategy is proposed. This task approach will be actualized in the
whole undertaking. The Six Sigma method for managing the projects was initially created by the
Motorola Company as this organization needed their item to be totally of unique determination
all through the plan and conveyance stage (Seymour & Hussein, 2014). Six Sigma is
fundamentally a quality control approach that spotlights on get-together information for
enhancing the task forms. This task approach is fundamentally utilized by the organizations
keeping in mind the end goal to expand the proficiency, raise efficiency and convey the finished
results to the purchasers (Tenera & Luís Carneiro, 2014). The usage design of Six Sigma
comprise of 5 stages or procedures, which are as per the following:
At to start with, the requirements of the clients are characterized by recognizing the
understanding that can be utilized to serve the clients. In the following stage, the execution of
each task forms is estimated by making fitting measurements for the same. In this progression,
the chiefs of the association can without much of a stretch decide how well a task addresses the
issues of the clients. The subsequent stage is to dissect the necessities of the clients and the
regular issues related with the undertaking so it can be enhanced (Golini & Landoni, 2014). The
last advance is to synergize the outcomes so the administrators of the organization realize what
changes in the task activity in required.
While recommending the Six Sigma venture procedure for Organization C, it is accepted
that the chiefs of the association have a legitimate learning of six sigma venture strategy. It is
additionally accepted that there are no dynamic dangers in the undertakings related with
association C (Martinsuo & Killen, 2014). Notwithstanding, there are various issues related with
the usage of the ventures in association C utilizing six sigma approach is that there is a total

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absence of initiative duty and in this way, shameful execution of the strategy can come about is
sure undertaking dangers also. Moreover, the execution of Six sigma approach is a tedious
undertaking. These difficulties can be alleviated by completing an exhaustive research about the
procedure and giving appropriate preparing to the workers for better comprehension of this
specific undertaking strategy (Teller, Kock & Gemünden, 2014).
The focal points or advantages of utilizing six sigma venture approach is that it helps in
enhancing the business procedure and aides in better client relationship administration. The
deformities in the undertakings are significantly diminished with the assistance of sig sigma
venture administration system (Akmeemana & Wickramasinghe, 2016). Since the matter of
association C is settled and it needs a procedure that will enhance the nature of the undertaking
work, the suggestion of six sigma venture strategy is legitimized.
Conclusion
The reason for this paper is to propose diverse task systems that will be suitable for the
associations A, B and C. Decision of an appropriate task procedure is fundamental keeping in
mind the end goal to effectively convey and execute an undertaking. It is either the obligation of
the venture director or the higher authorities of the administration to pick a specific task usage
approach. The decision of a task procedure be that as it may, relies upon the necessities of a
venture. The association A expected to execute an innovative and minimal effort venture and in
this way, PMBOK is recommended. The Organization B expected to moderate the money related
dangers related with the association and in this way PRINCE2 venture approach is proposed. The
association C expected to enhance its activities and hence Six Sigma venture approach is
proposed.