Project Management Methodologies Processing-Myassignmenthelp.Com

Question: Discuss About The Project Management Methodologies Processing? Answer: Introduction Project methodologies help in processing the project and ensure that all its requirements could get fulfilled. Methodologies provide a direction to the project manager with the effect of which he performs all the tasks in the way in which they are required. These methodologies helps in managing the work in a more refined way and ensures that risk of uncertainties could get mitigated which could occur in near future. There are various set of methodologies available in which it becomes necessary that the manager of the project should choose the most suitable as well as relevant one. Failing to do so will have a direct impact on the project and so the project will move in the wrong direction. Hence, a report is developed which will help in availing proper set of information related with various methodologies and which methodology should be used in which type of project. Project Methodologies The methods which help in providing direction to the project and ensure that the project could get completed within the budget and deadline are known as project methodologies (Edkins, Kurul, Maytorena-Sanchez Rintala, 2007). Project principles are being defined by the project methodologies also it helps sin providing a set direction to the team working on the project so that they could process the project in a smooth way and could provide quality to the same. Types Of Project Methodologies Project requires that an appropriate and relevant set of method should be applied so that it could get completed with quality and within the budget and time decided. In this it becomes necessary that a project manager should use appropriate project methodology (Crowder Friess, 2013). There are various types project methodologies available which helps in managing the project. Hence these methodologies are: Agile Method: Agile method is a traditional method which ensures that a collaboration of all the project requirements could be done and these appropriate resources could be availed to fulfill those requirements. Scrum Method: Scrum method is the method which helps in delivering all set of requirements whether they are small, cross functional, self managing (Rozenes, 2011). This helps in processing the project in a smooth manner as all the aspects are decided well in advance only and all the requirements get fulfilled. Kanban Method: Kanban method is used by the project manager so as to ensure that the project could get completed in a fast manner. It helps in increasing the visibility of the project and helps in completing the same in a fast way. Lean Method: Lean method is used to find the shortest way out to complete the project (Rasnacis Berzisa, 2015). This method helps in completing the project in lesser cost by using the best ways to complete the same. Waterfall Method: Waterfall method is a method in which a step by step process is developed which helps in fulfilling the requirements of the project. PRINCE2: PRINCE2 is the method in which control techniques are applied so as to manage the requirements of the project (Pathak Saxena, 2012). PMIS PMBOK: There are certain universal standards which are set; hence this method helps in ensuring that these standards remain maintained so as to manage the project. Comparison Between Agile And Waterfall Both the methods help in managing the project requirements and also are the traditional methods used to manage the projects. Deadline is determined in Agile as well as Waterfall method which helps in completing the project tasks within the prescribed time. Full proof plan is developed in agile method to complete the project and it helps in completing the same with quality (Layton, 2012). Waterfall method uses step by step process to complete the project Agile Lifecycle (Edkins, Kurul, Maytorena-Sanchez Rintala, 2007) Above is the lifecycle of agile methodology which includes all the steps which are being followed in it. It includes initiation stage of the project to its completion and development stage. Waterfall Lifecycle (Crowder Friess, 2013) The waterfall model shown in the above image helps in understanding that what are the steps which are involved in project process. Waterfall method is a very simple and effective method which could be applied to the project. Conclusion With the help of the report developed it could be concluded that to complete the project one of the most important aspects which is required to complete the project are the methodologies. Using appropriate project methodology will help in delivering quality and will ensure to provide better support with the effect of which project could get completed in an effective as well as efficient way. References Crowder, J., Friess, S. (2013).Systems engineering agile design methodologies. New York, NY: Springer. Edkins, A., Kurul, E., Maytorena-Sanchez, E., Rintala, K. (2007). The application of cognitive mapping methodologies in project management research.International Journal Of Project Management,25(8), 762-772. Layton, M. (2012).Agile project management for dummies. Hoboken, N.J.: Wiley. Pathak, S., Saxena, P. (2012). Hybrid Methodology Involving Scrum and Waterfall Model towards the Software Project Development in Academic Knowledge Centers.International Journal Of Evaluation And Research In Education (IJERE),1(1), 4-6. Rasnacis, A., Berzisa, S. (2015). Adaptation of Agile Project Management Methodology for Project Team.Information Technology And Management Science,18(1), 128-129. Rozenes, S. (2011). The Impact of Project Management Methodologies on Project Performance.International Journal Of Information Technology Project Management,2(2), 64-73.