Project Management : Business Information Systems Essay

Project management with its concepts, theories, methodologies, tools and techniques has developed during the last 30 to 40 years. There are number of other methods of project management which have emerged in recent years, and also started to be used in various projects by both the private and public sectors. Although some modern theories of project management are developing, that doesn’t mean that the traditional ones are no longer used or suitable for current project management practices. Both the traditional and modern project management approaches are still used in everyday project practices, though there have been some debates whether to rigorously adhere to the traditionally accepted approach or to apply newer and modern approach, because the traditional ones are considered to be

With the exceptional growth in technology, the present day projects are often large and complex involving a significant risk. So, a Project Management Methodology enables the delivery organization to handle these projects comprehensively, systematically and in an integrated manner, which results in strategic, tactical and operational benefits.

Project management is short term; it has a beginning, an end, and has identified steps to take throughout the process. The steps of project management are as follows: proposal, initial investigation, detailed investigation, development and testing, trial, operation and closure, as well as, the evaluation. There are measurable benefits to using project management within an organization for certain key objectives or processes that need

In project management, there are many methods to handle how the project should be completed, how an ethical situation should be handled, what types of decisions should be made. Furthermore, how much knowledge the project manager should possess, their focus of completing the job on budget and schedule, and understand the scope, as well as, knowing how to communicate.

I previously manage three different projects that require a solid working understanding of project management methodologies – a project management methodology being a set of interrelated phases, activities and tasks that define the project process from the start through to completion within budget on time.

A project methodology or approach is the model that project managers use for the designing, planning and

Several adaptations to the traditional approaches like agile, interactive, phased, extreme, etc have been made but each will be expected to meet the requirements of the project objectives, timeline, resources, and deliveries of the stakeholders. Other industry standard certifications like ISO9000 and regulations like the Sarbanes-Oxley have also influenced methodologies and processes used by several organisations (Kerzner, 2003). Generally, managing projects should involved five major process which include the project initiation, planning, execution, monitoring and controlling, and then project closing. See Fig. 2 below.

Project management is accomplished through the application and integration of the project management process groups: initiating, planning, executing, monitoring and controlling, and closing.”(Ambriz, 2010). This clearly represents the foundation of what has come to be known as traditional project management (TPM), upon which other techniques were developed. Thus we may also define TPM based on the original rigid

Several approaches exist towards a successful project management. These have been emerging over years and also vary from project to project and industry to industry. This article focuses on few of popular project management techniques

Project Management is one of the key features on which the success of a project heavily depends upon. No matter what the type of project whether its IT or an industrial, the techniques, skills, tools and knowledge to meet the final delivery remains a common requirement in all. But it doesn’t mean that they should be applied uniformly on all projects. Here comes the importance of project management methodologies. A methodology is a model, which project managers employ for the design, planning, implementation and achievement of their project

Project management’s traditional approach tends to focus on achieving tasks in a linear fashion. The idea is to have a set of well-defined goals and achieve these in the right order to reach the results. It’s all logical and linear.

In order to achieve their business objective, project management and the used methodology are key factor which will be responsible for the success or failure of this project.

There are numerous project management methodologies available for project managers to choose from. The best process or methodology must take into consideration the unique aspects of the project, including factors such as staff size and system criticality, as determined by the project manager and the core team (Cockburn, 2000). From my vantage point, the primary concern is the team member buy-in and keeping the process participatory, while managing the interaction, communication and contributions from the various team members towards the fulfillment of the objective. It also goes without says, that meeting time, scope, costs and performance, and quality standards are of the utmost importance; to guarantee that the final

As defined by the PMBOK, Project Management is “the application of knowledge, skill, tools and techniques to project activities in order to meet stakeholder’s needs and expectations from a project.”(Rory Burke 2006)

Project methodology is a model in which project managers integrate the planning, implementation, design and achievement of project goals and objectives. There are different types of the project management methodologies are used in the different types of the projects (Charvat, 2003). Following are the most frequently used project management methodologies.