Project Management Methodology and Success †MyAssignmenthelp.com

Question: Discuss about the Project Management Methodology and Success. Answer: Define Methodology Definition: Gupta and Laxmi, (2015) have defined methodology as a set of rules, methods postulates that are followed within a discipline for conducting any activities. Karim, Saba and Albuolayan (2017) claimed that following an appropriate methodology for any task helps in providing efficient and standard outcome while minimizing the chances of error. Role in Project Management: In project management process, project methodology helps in providing detailed steps, phases, techniques and tools for guarantying the integration of client satisfaction, time schedule and budget. In the field of project management application of a particular methodology allows in efficiently allocating the resources, project objectives and activities for project success and completion. Furthermore, Joslin, and Mller (2015) showed that the project methodology that are applied for a project is dependent on the project type, complexity, needs and time allocated for completion. Various Methodologies Various Project Management Methodologies PMBOK: Marcelino-Sdaba et al., (2014) showed that the PMBOK has been obtained from the Project Management Body of Knowledge. According to Saad et al., (2014), PMBK provides more efficient and sustainable framework for scope management and contract management within a project. Various guidelines, terminologies, practices and processes are defined in PMBOK that are used for managing a project in five significant phases namely imitation, planning, execution, control and closing phase. PRINCE2: Coppola, D'Ambrogio and Gianni (2016) illustrated PRINCE2 approach focus on controlling the business objectives of the undertaken project. PRINCE2 provides flexible method while ensuring the seven processes, themes and principles as mentioned in PRINCE2 for accomplishing an undertaken project. PRINCE2 includes efficient justification of the business for developing the planning for conducting the project. SDLC: SDLC Methodology is utilized mainly for the software development project. Karaman, and Kurt (2015) showed that the significant aim of the SDLC method is to provide high quality project or software while ensuring the customer expectations, cost and time estimation. Further, SDLC methods provides detailed plan for enhancing, replacing, maintaining or developing a software project. Waterfall: Waterfall mythology is considered as a traditional methods providing non-iterative, and sequential process for developing a software related projects. All the activities that are essential for the project are broken down in various phases. Ziemba and Kolasa, (2015) illustrated that in waterfall model; completion of one phase can initiate the next phase for software development. Agile: Agile methodology used for software development project is characterized with incremental and iterative process while including the customer satisfaction and adaptability of the process. Agile methods involve simultaneous processing of team members in various phase of the project. Differences between SDLC and PRINCE2 SDLC Methodology PRINCE2 Methodology SDLC are applied only for the project related to software development only. PRINCE2 can be applied for managing and conducting project of various domains from software to construction. SDLC breaks down the entire project into several units or phases. Prince2 Methodology includes seven processes and seven themes that are incorporated for completing the project. SDLC methods follow similar process for all software development projects. PRINCE2 methodology can be tailored according to type and complexity of the project. SDLC does not include any lesson learned process after the completion of each phase in project development. PRINCE2 includes learning of lessons for he team members after completion of each stage. Similarities between SDLC and PRINCE2 Both the SDLC and PRINCE2 methodology can be efficiently used for the development of any software development related project. The concept and aim of both theproject management methodology are same for completing the integration of undertaken project with success. Furthermore, Gupta and Laxmi, (2015) showed that both SDLC and PRINCE2 methodology covers the scope management, quality management, risk management and time management for the undertaken project. Methodology Related to Project Management Here, SDLC and PRINCE2 have been selected for application in project management process. According to Karim, Saba and Albuolayan (2017) project life cycle (PLC) includes and defines various activities and processes are essential for meeting the objective identified for any project. Both the PRINCE2 and SDLC methods are considered as the most efficient and widely used methodologies for project development. Both the methodologies includes the all the phases of project life cycle including planning, development, initiation and controlling. Therefore, SDLC and PRINCE2 methodology are appropriate for following the objectives, processes and activities of project life cycle. References Coppola, D., D'Ambrogio, A., Gianni, D. (2016). Bringing Model-based Systems Engineering Capabilities to Project Management: an Application to PRINCE2. InCIISE(pp. 6-15). Gupta, R. S., Laxmi, V. (2015). Software Development Life Cycle (SDLC) Implementationin Information Technology Management.International Journal of Recent Advances in Information Technology Management,1(1). 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. Karaman, E., Kurt, M. (2015). Comparison of project management methodologies: prince 2 versus PMBOK for it projects.Int. Journal of Applied Sciences and Engineering Research,4(5), 657-664. Karim, N. S. A., Saba, T., Albuolayan, A. (2017). Analysis of software security model in scenario of Software Development Life Cycle (SDLC).Journal of Engineering Technology (ISSN: 0747-9964),6(2), 304-316. 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. Saad, S., Ibrahim, A., Asma, O., Khan, M. S., Akhter, J. (2014). PRINCE2 MEthodology: AN INNovAtIvE WAy foR IMPRovINg PERfoRMANCE of MAlAysIAN AutoMotIvE INdustRy.The Journal of Technology Management and Technopreneurship (JTMT),1(1). Ziemba, E., Kolasa, I. (2015, September). Risk factors framework for information systems projects in public organizations-insight from Poland. InComputer Science and Information Systems (FedCSIS), 2015 Federated Conference on(pp. 1575-1583). IEEE.