Consolidated Portfolio: Project Management Methodologies & Application

This consolidated portfolio provides an overview of project management methodologies, their impact on stakeholders, and the essential elements required for successful organizational implementation. It highlights the strategic alignment achieved through project management, ensuring timely project delivery and focused objectives. The portfolio also addresses stakeholder engagement, emphasizing the importance of uniting stakeholders with potentially diverse motives to mitigate confusion and foster successful project outcomes. Furthermore, it outlines the major elements of a project management methodology, including initiation, planning, implementation, monitoring, and closure phases, detailing the project manager's role in gathering requirements and specifying project scope. The discussion and conclusion emphasize that project management involves applying methods, skills, knowledge, and experience to achieve project objectives, underscoring the importance of fulfilling client requirements within scheduled time and budget.

Consolidated Portfolio

1 Course Learning Outcomes
1.1 Learning Outcome 1: Explain reasons why organisations adopt Project
Management Methodologies
Summary (example only)
Project management methodologies have been adopted in the different organization for
simplifying the complexity in the operations. which deals with many features in an organization.
The features are stated below.
The project management in an organization helps to make a strategic alignment in a project.
Project management ensures that the project will be submitted on time to meet the business
opportunities.
The project management also brings leadership in the project as well a makes the objective of the
project focussed (Verzuh 2015).
The objectives that are included in a project are basically cleared by the use of project
management in an organization.
Evidence
Organization that I work for is a construction company. I have experience with the
construction company for about five years and have recent experience of project management as
the company have implemented the project management recently to organize all the work in the
company.

Learning Outcome 2: Critically analyse the impact of Project Management Methodologies
upon stakeholders
Summary
With the increase in number of stakeholders in a company, much headache adds on to
complete the project which impacts on the complexity of the project. Project management unites
all the stakeholders together so that the organization does not face any difficulty in dealing with
the project. All requirements of the stakeholders are solved by the project management. There
are more than one stakeholders involved in a project. The stakeholders involved may have
different motive an objective from the completion of the project. To maintain a single motive in
a project for all the stakeholder is done by project management methodologies. The PPM helps
to unite the stakeholders in a project so mitigate confusion in a project. To make the project
successful all the stakeholder must have a good relation among them to make the project
successful.
Evidence
The construction industry that I work for has many stakeholder spread all over the city.
When meetings are held in the industry, it is not possible for all the stakeholders to attend the
meeting.
Learning outcome 3: Explain and justify the major elements of a Project Management
Methodology that might meet the needs of an organisation
Summary
There are five simple steps in a project management methodology that is used by any
kind of organization. The steps that are followed by the PPM are the initiation phase, project

planning phase, implementation phase, monitoring as well as controlling phase, and the closure
phase. In the initiation phase, the project methodologies gathers all the requirements that are
needed for successful completion of the project. All the requirements are gathered and objectives
are made that are related to the start the project. All these specifications are done by the project
manager involved and meetings are held to complete such specification. Mainly the scope of the
ongoing project is specified in initiation phase.
Evidence
I work as a project manager in a construction industry undertaking three project presently
at this time. After adopting the PPM in the industry, I am able to manage the project more
efficiently as all the works are synchronized than before.
Discussion and Conclusion
The application which uses methods, skills, knowledge, process, knowledge and
experience to achieve the objective of the project is basically known as project management. To
understand project management, it is important to know what a project is about. A project is
basically a unique and a transient endeavor that are undertaken the making a project successful
defined mainly as output, outcomes, as well as benefits. To consider a project as a successful
one, the project is objectives are to be fulfilled, with all the criteria maintained and fulfilling all
the requirements of the client with scheduled time as well as scheduled budget.
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), pp.761-778.

Boyle, G., 2017. Design project management. Routledge.
Crawford, J.K., 2014. Project management maturity model. CRC Press.
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Khan, F. and Hashemi, S.J., 2017. Introduction.