Defining Project Management Methodology †MyAssignmenthelp.com

Question: Discuss about the Defining Project Management Methodology. Answer: Defining Project Management Methodology Project Management Methodology (PMM) is referred to as a tool that provides support and guidelines to the project managers to execute project successfully. It can be said that, project complexities and size both can be managed accordingly withproject management methodology. According to Machado, Pinheiro and Tamanini (2015), project methodology ensures the success of project and also estimates the budget, time and schedule. Two different components such as complexity and change are currently increasing frequently in the business organizations which are needed to be managed properly. In order to survive in the evolving workplace, any project is required to be competitive, productive, consumers eccentric and cost effective as well. Gold and Vassell (2015) stated that,project management helps to obtain success and consistency throughout the project life cycle. PMM provides an overall roadmap that must be followed by the project developers during the development of any project (Hornstein , 2015). This framework acts as a tool that leads to execute a project considering its strategic vision, mission, goal and objectives. Role of project management methodology for managing projects For managing any project, PMM plays important roles and the benefits generate from it are as follows: Better efficiency for delivering service: With the help of PMM, the project developer will be able to obtain project roadmaps that have to be followed for successfully executing any project (Chofreh et al., 2015). The work efficiency will automatically increase after the project manager will get to know about the obstacles properly. Challenges can be resolved: The project level challenges can be resolved easily as limits the project within limited and useful resources only. It helps to generate project risk register to identify the probable issues. Reduced risks: PMM reduces the rate of risks and tends a project towards massive success (Spundak, 2014). It also helps to take effective decision making for the successful completion of the project. Increase team support: It increases the support level of the project team and builds strong relationship between the suppliers and the consumers. It helps to deliver the project within estimated time regardless of the location of the consumer. Ensure continuous improvement: PMM make sure that the project is maintaining all the components for continuous development and success. Compare and contrast between Agile scrum and Project management body of knowledge (PMBOK) According to Kerzner and Kerzner (2017), agile PMM is much effective and beneficial to implement than theProject management body of knowledge (PMBOK). PMBOK is rigid in nature and thus it is very less flexible. Thus, for todays business environment PMBOK is not at all beneficial and suitable. The quality and speed of a project are dependent upon performance of the project team members, their direct interaction with the managers. In current business organizations most of the projects are developed using the agile scrum PMM. Agile SCRUM is referred to as a framework within which developers can easily address each complex adaptive issue while the productivity and creativity delivers products of highest values. SCRUM is an iterative as well as incremental development model. In this PMM the implementation are done by following short and repetitive cycles. Each outcome generated in the iteration of the project is build upon the results and experiences obtained from the previous phase (Joslin Muller, 2015). Each iteration generates both functional and incremental outcomes and also provides added values and over the previous life cycle. On the other hand, PMBOK is a framework or a set of different practices rather guidelines those are applied for individual project management tools and techniques. Based on the project requirements and goals, the most suitable methodology is needed to be selected by the project managers. PMBOK provides global as well as general view of different aspects of project management. Again, regardless of any environment, PMBOK acts as useful reference. SCRUM specific methodology covers the details of the products development and does not include the processes of key management in terms of acquisition, portfolio and program relationship, human resources etc (Chofreh et al., 2015). Among two of these project management methodologies, which one is effective cannot be identified only after analyzing the project requirements the suitable PMM can be identified for a particular project. Agile scrum relates to project Life cycle In order to maintain and implement a project professionally based on the project requirement SCRUM agile methodology can be adopted. SCRUM framework acts as a tool for the development of agile software products. Even for software project maintenance this PMM can be applied (Hornstein, 2015). The aim of SCRUM is to segment a project into numerous milestones. It helps to deliver the requirements incrementally for easy demonstration of the feedbacks and issues. The below diagram shows the phases of SCRUM lifecycle these are to be followed for successful execution of a project. The phases of SCRUM agile project life cycle include scope, product backlog, design and finally implementation. It is necessary for the project manager is needed to maintain all theses phases for successful implementation of a software products (Gold Vassell, 2015). In each phase, iterative changes can be implemented and it is not necessary that one phase cannot be started before the completion of the previous phase. Even after sequential analysis modification can be done in the project development phases. Initially, all the high level requirements are needed to be finalized considering the opinion and end users perspectives. The stories of the users are then divided into small segments. These segments are placed in a document known as product backlog developed by product owners associated to the consumers. Based upon the importance the segments are prioritized (Kerzner Kerzner, 2017). This document is called as the sprint backlog. After successful sprint cycle the software are implemented successfully and based upon further requirements further changes can also be made. Nowadays most of the businesses follow this life cycle for developing their products. References Chofreh, A. G., Goni, F., Shaharoun, A. M., Ismail, S. (2015). 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Project management aided by verbal decision analysis approaches: a case study for the selection of the best SCRUM practices.International Transactions in Operational Research,22(2), 287-312. Permana, P. A. G. (2015). Scrum method implementation in a software development project management.International Journal of Advanced Computer Science and Applications,6(9), 198-204. pundak, M. (2014). Mixed agile/traditional project management methodologyreality or illusion?.Procedia-Social and Behavioral Sciences,119, 939-948. Tomanek, M., Juricek, J. (2015). Project risk management model based on PRINCE2 and SCRUM frameworks.arXiv preprint arXiv:1502.03595.