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  • Essay / Project Methodology - 1778

    IntroductionIn contemporary business and science, a project is defined as a collaborative enterprise, involving carefully planned research or design to achieve a particular objective. When we decide to implement a project, or for that matter, when we decide to do something in life, whether it is to go somewhere, do something, build something or achieve something, we need to ask ourselves a number of different questions in order to achieve what we hope to do, some of these questions may include: What are we trying to do? When will we start? What do we need? Can we do it alone or do we need help? How long will this take? “How much will it cost?” These are the usual questions asked at the start of any project, and the answers are the building blocks of project management: defining what we want to do and finding the best way to do it. When carrying out a project, it is important for the project manager to decide on a method of carrying out the project. There are a lot of different methods that can be adopted, these are called project methodologies, they can be used to contribute to the success of a project, the methodology chosen will determine how the project is initiated and also executed until upon its completion.MethodologiesDepending on the type and scale of the project at hand, different methodologies will be more effective to use than others, no methodology can meet a single objective, so it is important to analyze all possible methodologies to ensure the correct one is implemented for the current project to achieve the desired outcome. best result. There are a number of methodologies worth considering, these will be analyzed and the most appropriate chosen; Agile Management - This methodology relies on empowering your ...... middle of paper ...... prove and the methodology can help significantly improve these parts in the long run. As PRINCE2 is so flexible, these changes can be made during project execution, but this can also have implications as the project schedule may overrun because of this, but PRINCE2 can offer solutions to minimize the impact on the project. PRINCE2 has big drawbacks as it is not as flexible as some of the more modern methodologies, but this would only pose a big problem in project management needs such as software development, but not in relevant construction by this project. It simply provides an organized method of managing a project, helping to identify who should be involved in the project and what they will be responsible for, and provides a clear set of processes that the project must follow for it to be successful if it is followed. correctly.