Critical Analysis of Traditional and Agile Project Management

Time-Project needs to complete in fix time and budget. Here budget refers to cost. Project managers has to control on budget. if it’s limited. Project needs to meet their requirement. These success criteria can’t meet without planning.

Project Integration Management | Expert Judgment|-PM Plan is Formal, single document, approved (becomes officially the project plan. It defines how project is executed and controlled. Scope, schedule, and Cost, Change, and Configuration Management plans are created in this process and are part of the PM plan- Scope Management plan is developed here as well.|

During project planning, project teams complete the bulk of their planning work preparing the functional specification and solution design and preparing work plans, cost estimates, and schedules for the various deliverables which they roll up into a master project plan and master schedule. Project planning follows envisioning and is kicked off after the project team meets the requirements of the Vision/Scope Approved Management Review. Prior to

Project management is defined by BusinessDictionary.com as, “Approach to management of work within the constraints of time, cost, and performance requirements.” Project management requires careful planning and studying all of the factors involved with in the project. Project Managers must first establish the needs of the stakeholders and provide a project plan which includes the cost and time frame the project will be completed. In addition, projects requirements should be clear and concise to ensure the Project Manager stays within

Project management plan is the records of all the processes and procedures that are in effect to provide information to project team, manage the scope, costs, time and quality of the project.

Scope Management is the collection of processes which ensure that the project includes all the work required to complete it while excluding all work which is not necessary to complete it. The Scope Management Plan will detail how the project scope will be defined, developed, and verified. The Scope Management plan will also defines who is responsible for managing the projects’ scope and also acts as a guide for managing and controlling the scope through the entire project.

“Project planning is the process of establishing the scope, defining the objectives and steps to obtain them. It is one of the most important of the processes that make up project management. The output of the project planning process is a project management plan,” (Teamgantt.com, 2017).

A good project management plan takes some preparation it includes the basic concepts of proper planning, organization and great project manager management skills. It includes a variety of resources that come together to achieve a certain goal. As project manager it is imperative that he or she deliver the necessary results within the time limitation as well as within the allotted budget. Effective project managers allocate certain aspects of the project to their team in order to ensure the project’s success.

What is a project? Project is a temporary endeavor undertaken to create a unique product, service or result)

Planning: define the scope of the project, potential risks, activities that will occur, deliverables at completion, and parameters for timeline, cost, resources needed, and quality required; assign responsibility for project tasks and activities; gain final approval for project

Projects are unique because it is a one-time operation designed to accomplish a set of objectives in a limited time frame. They all involve planning, preparation, and coordinating work that is to be done. Priorities must be set in order for the project to be accomplished. Project management techniques and software is necessary to maintain a schedule and budget performance. Project Management is the set of knowledge, skills, and abilities that plan, organize, implement, control, and complete projects given finite resources of people, equipment, and time.

Project Management Office (PMO) and Agile method are highly reputable terms in many organizations, especially in their IT projects. The PMO is a group of people or committee within an organization that is responsible to define and maintain standards and practices for traditional project management. The ultimate objective for the PMO is to gain the benefits that are derived from applying Project Management (PM) methods, practices and policies. Thus, the PMO over time will become the origin for documentation, guidance and metrics regarding to any practices that are involved in managing projects within the organization, as well as it will be the communication channel that

The Project Management Plan provides the framework to manage the various resources required to meet project goals and objectives. The Plan clarifies roles and responsibilities for project stakeholders and intends to focus the project on performance standards that meet the defined scope, time requirements, and budget requirements. Periodic changes and updates to this plan may become necessary and shall involve participation of all project stakeholders with the approval of the project sponsor Mark Johnson, VP of Strategic Planning and project approver and the Chief Financial Officer, Clair Adams.

The traditional approach to project management is to identify where he or she is right now, and what he or she is trying to accomplish, and the steps needed to take to arrive where he or she wants to be. Project management is the process of activities or tasks that lead to the successful completion of a project. Carrying out a simple project that involves two or three individuals or one that involves a mix of individuals, tasks, and organizations is a big difference. If an individual has an unlimited amount of money and time, project

Project Scope Management: It is all about defining and controlling what is and what is not included in the project to successfully complete the project.