Role of Methodology in Project Managing †MyAssignmenthelp.com

Question: Discuss about the Role of Methodology in Project Managing. Answer: Methodology The methodologies that are involved in project management include determining the tasks that are to be attempted and the proper way to utilize the resources and time (Joslin Mller, 2015). Methodologies give a synopsis about the task that is to do first, keeping in mind which task depends on the previous task. Strategies of risk management are also proposed by the project manager in a methodology. The scope of project, resources that are applicable, the exact time for the delivery of the project and the time constraint are defined in the methodology that is used in the project management (Marcelino-Sdaba et al., 2014). The guiding processes that are needed for project management are provided in methodologies. The project management methodologies are not tool specific. The enterprises project management and methodology are heavily associated. The project managers work is made easier by these methodologies. Methodology contains templates, guidelines and definitions of the activities th at are needed in successful delivery of the project (Kerzner, 2013). Role of methodology in managing the project are Implement a familiar language planning and communicating before starting the project work. Inspires proper planning and communication before the starting of a project work. Creates a way to manage the project more accurately. Helps to track the progress of the work helps standardize reporting. Directs to achieve a useful project which concludes institutional objectives. Methodology is constructed on a bunch of best practices that are studied over the past time. Different methodologies used in project methodologies Considering the scope and requirement of the project, there are numerous number of methods that are adapted to project management (Burke, 2013). The followings are the list of methodologies- Agile methodology- This methodology determines to allow teams, manage risk or change of the project and enhance involvement of customer. This method develops the team, monitors the project, changes them accordingly and continues communication throughout the project life cycle. Waterfall methodology- Goals are well established and life time of the project life cycle is also reduced in waterfall method. Different modules and aspects are given to different teams to reach the goal of the project. System Development Life Cycle (SDLC) - This concept is applied to a variety of software and hardware configuration (Snyder, 2014). A system can be made of only software or only hardware or a combination of both of them. Prince2- Prince2 is a methodology and certification programme who are qualified and accredited through training. Prince2 signifies unification of the projects into controllable and manageable stages. Project management body of knowledge- PMBK is a compilation of knowledge and processes which is accepted as the best practice for profession of project management (Turner, 2016). PMBK contributes fundamental of project management, disregarding of type of engineering, construction and automotive project. The comparison of PMBK and Prince2 are as follows. Project Management Book of Knowledge PRINCE2 Origin United States United Kingdom Accesses Worldwide Worldwide Administered by PMI APMG Definition An approach of knowledge based project management PRINCE2 is a process based management methodology. Purpose Depict wide range of methods and core practices that are applied to guide a project. A group of process management describing how and when the work is to be done and what should be done. PMBOK mainly focus on the role of project manager. In PRINCE2 character of all the members are properly defined in project. Dimension Not perspective Tailorable and perspective Conformation Certification takes a month or more to confirm. Certification usually gets confirmed within a week. PMBOK considers a project is given to a supplier and is paid for the project. PRINCE2 is a customers access to a project. PMBOK in life cycle of project Project Management Book of Knowledge mainly consists of five stages of process in project management. Initiation and conception of the project. Project planning and definition. Execution and launch of project. Performance and control of project. Closing of project. Prince2 in project life cycle The prince2 method consist of seven processes in project management Direction of a project. Starting a project. Project initiation. Stage boundaries management. Stage controlling. Product delivery management. Closing a project. Planning. References Burke, R. (2013). Project management: planning and control techniques.New Jersey, USA. Joslin, R., Mller, R. (2015). Relationships between a project management methodology and project success in different project governance contexts.International Journal of Project Management,33(6), 1377-1392. Kerzner, H. (2013).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Marcelino-Sdaba, S., Prez-Ezcurdia, A., Lazcano, A. M. E., Villanueva, P. (2014). Project risk management methodology for small firms.International Journal of Project Management,32(2), 327-340. Snyder, C. S. (2014). A Guide to the Project Management Body of Knowledge: PMBOK () Guide. Project Management Institute. Turner, R. (2016).Gower handbook of project management. Routledge.