Comparing Project Management Methods

Question: Discuss about the Comparing Project Management Methods. Answer: Introduction The methodologies for the project management is all about specifying the tasks that are needed to be undertaken and when to perform them in order to maximize on the use of time and resources. The methodology outlines the tasks, which are to be completed first, and keeping in mind the subsequent task that would rely on the previous one that are being completed (Meredith, Mantel Shafer, 2013). Project management methodologies entails a number of a variety of procedures that are built to aid the project supervisor as well as those overseeing or maybe associated with the tasks. The reason for methodologies is always to complete the projects that are needed by the project quickerthrough use of the strategies that are in place in order to tackle on the problems in case they would arise. The methodologies acts as guideline through the project, providing one-steps in order to follow and to targets in order to meet from the start up to the completion of the project (Cleland Ireland, 2006). Additionally, the methodologies in the management of the project help to avoid the failures as well as reduce the risk since it is one of the critical success elements for the core competency of the managing team. Additionally it is vital that you observe that the task methodology offer room for handling the entire administration method by way of effective decision-making along with problem solving , whilst at thesame time ensuring the success of a given process, and methods. Project Methodologies There are various methodologies, which could be applied to the project management, based on the scope of the project and the requirements. These methodologies are agile and waterfall methodology. Agile methodology: this methodology aims to empower the teams, encourage the Involvement of the customer as we as manage any changes or risk all through the task (Bowes, 2014). The concentrate of the methodology is on the improvement of the teams, the monitoring of the project as well as the responsiveness to the change. Waterfall methodology: With the use of this method for the project management, the use of the teams is a significant factor, with establishment of goals as well as clear timelines that is a key focus (Kerzner, 2013). The team are essentially provided with various components of the task to be able to seize accountability for, passing various things as goals, which were allocated tasks, are completed. Comparison between Agile and Waterfall methodologies Both of these methodologies are designed to place a framework of the structure over the development of a new project (Bowes, 2014). Additionally, in both cases the owner of the project defines on the scope of the product while the team seek to bring to the realization of the goal to accomplish the project. other similarities is that both of these methods can result in the well managed projects as well as well tailored products which are meant to meet the entire needs of the owner of the project as well as the goal which were allocated at the start (Meredith, Mantel Shafer, 2013). Lastly, both of these methodologies there is the use of team who are an important aspect and they are greatly empowered. Contrast of Agile vs Waterfall The Agile methodology prefers the customer to be available all throughout the period of the project whereas the waterfall methodology requires the involvement of the customer only at the milestone stage. Another difference is that the Agile methodology welcomes the changes, but these changes comes at expensive cost, schedule or perhaps other features. This usually works well especially when the scope is not known (Gido Clements, 2014). On the other hand, the waterfall method works well especially when the scope is known in advance, or even when the terms of the contract limit the changes. Agile prefers a small and dedicated teams that has a high degree of coordinating as well as synchronizing whereas waterfall prefer a team coordination which is limited to the handoff point. How chosen methodologies and processes relate to the project life cycle The chosen methodology and the processes for the project life cycle is the Agile method. It is important to choose the life cycle, which works best for the task. This really is a significant strategic decision since generating a misguided option may well lead to devastating outcome. The agile provides more flexibility across the life cycle and it support the fast-paced development thus giving the organization an edge in the delivery of the project (Kannan, Jhajharia Verma, 2014). The choose has been based on modification which is prototyping which provide the customer a better view of the project through involving them in the process and make the changes where necessary. References Bowes, J. (2014). Agile vs Waterfall: Comparing project management methods. internet: https://manifesto. co. uk/agile-vs-waterfall-comparing-project-management- methodologies, 17. Cleland, D. L., Ireland, L. R. (2006). Project management. McGraw-Hill Professional. Gido, J., Clements, J. (2014). Successful project management. Nelson Education. Kannan, V., Jhajharia, S., Verma, S. (2014). Agile vs. waterfall: A comparative analysis. International Journal of Science, Engineering and Technology Research, 3(10), 2680- 2686. Kerzner, H. (2013). Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Meredith, J. R., Mantel Jr, S. J., Shafer, S. M. (2013). Project management in practice. Wiley Global Education.