Project Management Methodologies Course ID Guidelines

Question: Discuss about the case study Project Management Methodologies for Course ID Guidelines. Answer: Methodology and its role in project management The project management methodology is a concept of identifying the various processes of a project and use effective ways to simplify the realisation of a business benefits. It is mainly used to organise a project development phases into a unique and structured entity. It is mainly used to plan the milestones that are required to be conducted to complete the entire activities of a project (Sweeney Smith, Calbry-Muzyka, Brandt, 2016). Project management methodology is an amalgamation of rationally related methods, practices, and procedures that are used to settle on the arrangement, development phase, controlling system and delivery of a project through continuous implementation of the tactics that are already decided. Simply, it is a systematic, analytically verified and regimented approach to plan, implement and complete a project. The primary rationale of methodology attached to project management is to allow the controlling of entire process of project management. It helps in decision making and solving problems. Hence, it can be said that methodology plays an important role in project management and helps in appropriate completion of the project (Purba Shah, 2010). It is used to providing a skeleton that helps in describing every step in details. It helps the project manager to monitor and control the entire process of project development. Different types of methodologies and comparison In this particular section, a brief discussion will be presented on various methodologies to identify the purpose and effectiveness of the same. Herein, five of the methodologies such as Project Management Body of Knowledge (PMBOK), PRINCE2, SDLC, Waterfall and Agile methodologies and processes have to be assessed. PMBOK is a methodology that includes critical path method and Work Breakdown Structure to identify planning; organising, controlling and executing project management plans (Rose, 2013). On the other flip, PRINCE2 methodology encompasses excellence management of a project through aligning the control to the objectives (Chung Crawford, 2016). Systems development life cycle (SDLC) method is a cyclical process to manage the complexity of a project management. Furthermore, Waterfall model can be identified as a sequential method that encompasses some steps flowing steadily downwards. Lastly, the agile methodology process is a conventional project management procedure that can be implemented as an alternative option to waterfall methods. Herein, PMBOK and SDLC methods have been chosen to compare and contrast through the analysis of the similarities and differences. Through the identification of differences in project management concepts, PMBOK methodology can be applied providing the best completion to the project. Considerably, PMBOK has been an internationally recognised standard. Therefore, irrespective of the project types such as engineering, construction, automobile and information technology, PMBOK methodology can be taken into consideration. The PMBOK concept includes five primary steps such as initiation, planning, execution, monitoring and controlling and finally project closure (Indelicato, 2009). Figure: Project Management Body of Knowledge (PMBOK) Methodology Source: (Indelicato, 2009) On the other side, systems development life cycle (SDLC) methodology has been primarily utilised on basis of software and hardware concepts to deliver IT projects at a robust pace. In system engineering and software engineering, the methodology has followed five cyclical steps such as planning, analysis, design, implementation and maintenance. Figure: Systems development life cycle (SDLC) methodology Source: (Bhatnagar Kumar Singh, 2013) Regarding similarities, both the project methodologies have included activities according to the project objective. The life cycle of the project is significantly long. Contradictory, in the case of PMBOK methodology, the flow of the project is quite simple whereas SDLC method includes a sophisticated computer system to identify the timeframe and project costing (Bhatnagar Kumar Singh, 2013). Invariably, the level of complexity is much higher in SDLC process in compared to PMBOK. The PMBOKs steps are clear and professionally applied. In the case of SDLC, testing and development phase can be identified as critical for the development of the project life-cycle. Relationship between Methodology and Project Life Cycle The project lifecycle explains the various phases of a project that must be undertaken to complete the project according to the plan. A project is mainly divided into four life phases that are known as initiation phase, project planning stage, project implementation and project closure. Looking at the above discussion, it can be seen that every project methodology presents a different project lifecycle that is used to develop a particular project. If PMBOK methodology is considered, it can be seen that it is also divided into four steps directly explains the lifecycle of a project (Joslin Mller, 2015). When SDLC methodology is considered, it can be seen that the project lifecycle is divided into five major phases that are known as Planning, Analysis, Design, Implementation and Maintenance. The SDLC methodology is mainly used for developing software related projects that requires proper analysis after completion of the project plan and maintenance after completion of the entire proje ct (Joslin Mller, 2015). Hence, it can be seen that project methodologies are directly related with the project lifecycle that helps in proper execution of the project and helps in accurate delivery of the assignment. References Bhatnagar, M. Kumar Singh, P. (2013). Research Methodology as SDLC Process in Image Processing.International Journal Of Computer Applications,77(2), 43-45. https://dx.doi.org/10.5120/13369-0972 Chung, K. Crawford, L. (2016). The Role of Social Networks Theory and Methodology for Project Stakeholder Management.Procedia - Social And Behavioral Sciences,226, 372-380. https://dx.doi.org/10.1016/j.sbspro.2016.06.201 Indelicato, G. (2009). A guide to the project management body of knowledge (PMBOK guide), fourth edition.Proj Mgmt Jrnl,40(2), 104-104. https://dx.doi.org/10.1002/pmj.20125 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. https://dx.doi.org/10.1016/j.ijproman.2015.03.005 Purba, S. Shah, B. (2010).How to manage a successful software project. New York: Wiley. Rose, K. (2013). A Guide to the Project Management Body of Knowledge (PMBOK Guide)-Fifth Edition.Proj Mgmt Jrnl,44(3), e1-e1. https://dx.doi.org/10.1002/pmj.21345 Sweeney Smith, S., Calbry-Muzyka, A., Brandt, A. (2016). Improved exergetic life cycle assessment through matrix reduction technique.Int J Life Cycle Assess. https://dx.doi.org/10.1007/s11367-016-1118-5