PROJ6000 Principles of Project Management Report 1 Sample

Still, Looking for PROJ6000 Principles of Project Management Report 1 Sample? You’ve reached The Right Place!

Order Now

PROJ6000 Principles of Project Management Report 1 Sample

To answer this question, you will need to:

(a) Post a 600-word (+/- 10%) response to this question, based on your informed opinion and demonstrated knowledge of project management concepts, project lifecycles, and PMBoK, to the Discussion Forum on the Learning Portal.

Instructions

1. Read about the PMBoK and the Project Management Lifecycle to familiarize yourself with their fundamental concepts. Critically reflect on your readings to form an opinion of both and how they interact together. Write a 600-word opinion piece responding to the set question (Do not attach any files, write directly on the forum). Be sure to cite any source material, including learning resources or other academic or industry literature you research, used to inform your opinion. The word count does not include the reference list.

Solution

Introduction

The PML is a kind of guidance that incorporates different phases to control and guide a project from the very beginning up to its finishing. A project management lifecycle incorporates multiple stages such as initiation, planning, execution, controlling or monitoring and the final stage is closure. The implication of project methodology for University Assignment Help in project lifecycle facilitated the creation, proper execution and finally the finishing of the project in an organized way. It ensures improved communication with the stakeholders to provide better risk management and maintain the standard of a project.

Discussion

During which PML stage, a project management methodology is most effective

The project management methodology is most impactful at the time of the planning stage. Adopting the proper methodology facilitated the clear and definite framework that helps to define the scope, goals, tasks, resource allocation and duration of projects (Gemino, Horner Reich & Serrador, 2021). The methodology of project management strengthens the foundation of a project from the very beginning which ensures and also results in a successful execution of a project within the time limit and with the available resources. During the planning phases of the project, all the significant decisions are made and in this particular stage of planning, methodology play a significant role in guiding and adopting the set of procedures and the improved practices that facilitate the seamless execution of a project. The methodology also helps to maintain transparent communication. The methodology provides clear communication where every stakeholder understands their duties and responsibilities. Moreover, it ensures all the team members about the deliverables and outcomes of the projects. Adaptation of a proper methodology during the planning phase works as a compelling risk mitigation strategy (Laurent et al., 2020). The adopted methodology helps to address the risks at the initial phase of the project, informs all the team members about upcoming risks and facilitates the team's members to implement a dynamic risk management strategy to safeguard a project. Methodology is also important to set a clear scope and objectives of the project to carry out the further steps of the project in an organized way. Therefore for the planned activities having a proper methodology is important at the planning stage.

Ensuring alignment between the project lifecycle and the application of a methodology of project management

The alignment between the project lifecycle and methodology can be defined by the project work, target wants to be achieved by the projects and deliverables. The project life cycle is an organized way that involves the approval and exchange of the deliverables and most of the project is highly iterative. By ensuring the alignment of project management methodology with the project life cycle the manager of the project can be adaptable and flexible (Marion & Fixson, 2021). The project manager will be able to adjust the planning and working strategies as per the available resources, and team members and can have a flexible approach to respond to the changes. With the proper project methodology, the manager of the project can clearly communicate the job role of every team member and their responsibility in every single phase of the project (Nicholas & Steyn, 2020). The project methodology will also help to work collaboratively and ensure learning at every phase and also help to measure the performance of the team members and to track the progress of the project. The adoption and alignment of a project cycle with a proper methodology will help in resource allocation, timelines, and budget and in adopting the risk management strategies.

Conclusion

From the above discussion, it can be determined that project management lifecycle and project methodology help in the completion of a project in an organized way. The project methodology is needed to adopt the planning stage of the project for seamless execution of projects within its timeline. The alignment of the project with methodology provides better resource allocation and proper risk management strategies.

References

Gemino, A., Horner Reich, B., & Serrador, P. M. (2021). Agile, traditional, and hybrid approaches to project success: is hybrid a poor second choice?. Project management journal, 52(2), 161-175. https://10.1177/8756972820973082

Laurent, A., Weidema, B. P., Bare, J., Liao, X., Maia de Souza, D., Pizzol, M., ... & Verones, F. (2020). Methodological review and detailed guidance for the life cycle interpretation phase. Journal of industrial ecology, 24(5), 986-1003. https://:10.1111/jiec.13012

Marion, T. J., & Fixson, S. K. (2021). The transformation of the innovation process: How digital tools are changing work, collaboration, and organizations in new product development. Journal of Product Innovation Management, 38(1), 192-215. https://10.1111/jpim.12547

Nicholas, J. M., & Steyn, H. (2020). Project management for engineering, business and technology. Routledge. https://doi.org/10.4324/9780429297588

Fill the form to continue reading
Would you like to schedule a callback?
Send us a message and we will get back to you

Main Services

Highlights

Earn While You Learn With Us
Confidentiality Agreement
Money Back Guarantee
Live Expert Sessions
550+ Ph.D Experts
21 Step Quality Check
100% Quality
24*7 Live Help
On Time Delivery
Plagiarism-Free

Our Samples

Get Instant Help
University Assignment Help

Still Finding University Assignment Help? You’ve Come To The Right Place!


CAPTCHA
AU ADDRESS
81 Isla Avenue Glenroy, Mel, VIC, 3046 AU
CONTACT
+61 493416265
EMAIL
support@uniassignmenthelp.net