Project management methodologies

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Reference no: EM132842493

PROJ6000 Principles of Project Management - Torrens University

Assessment - Group collaboration and individual report: PMBoK versus PRINCE2 or Agile in contemporary projects

Learning Outcome 1: Understand PMBOK knowledge areas and process groups and their role, relevance and impact on project management best practice and PMI's Code of Ethics.

Learning Outcome 2: Critically compare and contrast project management approaches and their appropriateness for managing a variety of project types, including IT projects.

Learning Outcome 3: Apply appropriate project management (including IT project management) tools and techniques, paying particular attention to risk management.

There are several project management methodologies that are used in contemporary project management. Each has certain specific elements that its proponents say make it easier to use, more applicable, more robust or other utilities. While these methodologies are all valid and reliable tools for a project manager to use, it is important to be able to contrast them and to form a view of how they might best be used in a project. This includes their usefulness, application in various types of projects and how they view project risk.

Instructions:

1. Discuss the strengths, weaknesses, similarities and contrasts of PMBoK and PRINC2 in your allocated group in weeks 4 and 5. This discussion can be done in your own time, at your convenience and using the format that you prefer (e.g. email, phone, Zoom, online, etc.). The purpose of this is to simply enter into a discussion based on your readings and what you have learned in the subject about these two methodologies. This discussion will help inform your actual assessment, which is the individual report.

Write your 1,200-word report with the headings

1. Introduction to PMBoK, Agile and/or PRINCE2 (only 2) (their background and historical context)

2. Similarities between them
3. Differences between them
4. How each method treats project risk
5. In which types of projects each is use
6. Reference list

Attachment:- Principles of Project Management.rar

Reference no: EM132842493

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