Project Management Methodologies - 2126 Words

Running head: Project Management Methodologies Project Management Methodologies Gary D. Rice Webster University Abstract In Business, project management is used regularly to accomplish unique outcomes with limited resources under critical time constraints. There has been a rapid increase in the number of firms that use project management methodologies as the preferred way of accomplishing almost every business undertaking. There are a number of approaches to managing project activities and in project management these approaches are referred to as methodologies. This paper attempts to explore the many different methodologies in project management and allow the reader to determine the best approach for their organization.†¦show more content†¦And it means that the process should be minimized -- barely significant. The use of the word crystal refers to the various facets of a gemstone -- each a different face on an underlying core. The underlying core represents values and principles, while each facet represents a specific set of elements such as techniques, roles, tools, and standards. Cockburn also differentiates between methodology, techniques, and policies. A methodology is a set of elements (practices, tools); techniques are skill areas such as developing use cases; and policies dictate organizational musts. Dynamic Systems Development Model (DSDM) Methodology The Dynamic Systems Development Model was developed in the U.K. in the mid-1990s. It is the evolution of rapid application development (RAD) practices. DSDM boasts the best-supported training and documentation of any of the agile software development techniques, at least in Europe. DSDM favors the philosophy that nothing is built perfectly the first time and looks to software development as an exploratory endeavor. The nine principles of DSDM are: †¢ Active user involvement. †¢ Empowered teams that the authority to can make decisions. †¢ A focus on frequent delivery of products. †¢ Using fitness for business purpose as the essential criterion for acceptance of deliverables. †¢ Iterative and incremental development to ensure convergence on anShow MoreRelatedProject Management Methodologies For Project Managers1036 Words   |  5 PagesProject Methodology There are numerous project management methodologies available for project managers to choose from. The best process or methodology must take into consideration the unique aspects of the project, including factors such as staff size and system criticality, as determined by the project manager and the core team (Cockburn, 2000). From my vantage point, the primary concern is the team member buy-in and keeping the process participatory, while managing the interaction, communicationRead MoreA Project Management Methodology For Managing Projects996 Words   |  4 Pagesability and capability to organize project management could determine the success of an organization. Generally, project managers use formal project management methodology to run projects efficiently. This article describes the explanation of the differences between PMBOK and PRINCE2, the advantages and disadvantages of those models, and the example of a project which use PMBOK methodology. The differences between PMBOK and PRINCE2 â€Å"PMBOK† stands for Project Management Body of Knowledge. PMBOK GuideRead MoreProject Management Approach / Methodology Essay939 Words   |  4 PagesProject Management Methodologies MedDev is looking to streamline their resource planning across various departments in order to support their global growth and cut costs. In order to achieve this business objective, they are undertaking ERP Implementation as a Key project which involves largest investment MedDev has ever done as a single project. Thus success of this project is of prime importance to them. In order to achieve their business objective, project management and the used methodologyRead MoreImplementation Of Project Management Methodology981 Words   |  4 Pages1. Introduction Project management methodology is a combination of sensibly related practices, systems and procedures that decide how best to arrange, create, control and convey a task all through the continuous execution process until effective completion and termination. It is a logically demonstrated, precise and trained way to deal with project design, execution and completion. The purpose of project methodology is to take into consideration controlling the whole management process through powerfulRead MoreA Research Project Management Methodologies1627 Words   |  7 PagesReflection Today, Scrum methodology is one of the most adopted/ popular project management methodologies out there. It is recognised as a simple to follow framework, but effective in terms of productivity, scalability and flexibility with change. The scrum adopts an empirical approach which bases on the idea that the problem cannot be fully understood or defined. So the framework focuses on maximising the team’s ability to deliver quickly while adapting and responding to emerging requirements. IRead MoreAgile Methodology For Project Management2433 Words   |  10 PagesAGILE METHODOLOGY IN PROJECT MANAGEMENT 3 Agile Methodology in Project Management Name Instructor Institution Location Date of Submission Table of Contents Introduction 3 Approaches in Agile Methodology 3 Principles of Agile Methodology in Project Management 4 Comparison of Agile Methodology versus Traditional Approach 5 Overall Description of Agile Methodology 7 Benefits of the Agile Methodology 8 Conclusions 9 References 10 Running head: AGILE METHODOLOGY IN PROJECT MANAGEMENTRead MoreProject Management Methodologies For The Development Essay981 Words   |  4 PagesCHAPTER TWO LITERATURE REVIEW INTRODUCTION The first chapter introduced the research problem that raised the question of whether adaption project management methodologies can be tailored down to Nigerian SMEs. This chapter presents the academic literature pertinent to the research, and places it in context of the research. The aim of this chapter is to provide the background information of the research topic and to show the gaps in the research literature, so as to identify the areas this researchRead MoreImplementing A Project Management Methodology1769 Words   |  8 PagesThe use of structured methodologies in IT Project management is increasingly recognised as one of the fundamental drivers in reducing the likelihood of incomplete and costly IT project failures. The need for a systematic approach has been highlighted through a number of survey results on the failure of IT Projects. These results demonstrate that the significant issues associated with failed projects include the lack of; a defined project organisation, po licy and procedures, implementation plans andRead MoreProject Management Methodology For The Uk2793 Words   |  12 PagesPrince 2 is a widely recognised project management methodology in the UK. For this task you are required to provide an overview of Prince 2, critically evaluate this methodology and identify the types of project it is best suited to. It is essential that you appropriately reference your work using APA referencing. In the absence of appropriate referencing marks cannot be allocated for this task. What is a project? A project is a temporary endeavour designed to produce a unique product, service orRead MoreResearch Methodology On Agile Project Management1734 Words   |  7 Pages3. Methodology Chapter 3.1 Introduction to Methodology The purpose of this chapter is to describe the research methodology used in completing this dissertation. This chapter starts out by describing the initial research and literature review that was performed and then further describe with relevant research methodology. A research method is being selected and explained. A sample of questionnaire and interview questions can be obtained in Appendix. 3.2 Prestudy and Approach ( Literature Review )