Project Methodologies And Processes

Academic Anxiety?

Get an original paper within hours and nail the task

156 experts online

Free Samples

Project Methodologies And Processes

.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}

Project Methodologies And Processes

3 Downloads4 Pages / 977 Words

Discuss about the Project Methodologies and Processes. 

The report discusses on project management methodology and its role in project management. Various methods are also discussed with differences, comparison of PRINCE2 and Agile methods. Further, PRINCE2 process related to the project life cycle (PLC) is also discussed.
Methodology and it’s Role in Project Management
Project Management Methodology is a combination of defined methods, practices and the process. It identifies how to plan, build up, control and carry out a project in a best possible manner all the way through the continuous implementation process until the project is not complete and successfully close (Verzuh, 2015).
The role of project methodology is to have control over the entire management process by the help of chosen approaches, techniques, processes, technology and methods for successful decision making as well as problem solving (Turner, 2016). 
Various Methodologies and Comparison, Differences, Similarity Between Prince2 and Agile Method
Waterfall: It is a traditional approach and simple to understand for managing projects. It is suitable for physical objects projects such as buildings. In this, every step is pre-planned with proper sequence. However, one task must be completed before starting of next task and any changes in needs of the customer will interrupt the tasks chain which is difficult to manage.
The Agile Family: Agile methodology core was developed in the year 2001 by 17 people in written form (Karaman & Kurt, 2015). In this, project team use to work in iterative cycles and at the end, results are evaluated. Methodology is suitable for the projects that need great quickness in requirements. Key features include short-termed delivery cycles, dynamic team, less project control and communication importance on real-time.
PRINCE2: Projects In Controlled Environments method is used by the UK government for managing project and by product-based planning approach it is characterized. It is suitable for resources greater control and lessens risk effectively. It is process-based approach to project management (Hughes, et al., 2016).
Systems Development Life Cycle (SDLC): Useful for software development projects conceptual model. Two or more methods of project management can use for best results. Special attention is given by SDLC on documentation uses with strict guidelines.
PMBOK Method: In project management, Project Management Body of Knowledge (PMBOK) is various set of conventions as well as standards for managing projects (Conforto & Amaral, 2016). In this, project is divided into five steps namely initiating, scheduling, executing, controlling, and termination.
Difference between PRINCE2 and Agile method: (Moran, 2015).



·  Predictive (approach is plan based)
·  Little investment, team members
·  High rigid
· Revolve around the original business goals and plans

· Incremental ( no master plan)
· High investment
· Less rigid in climate of technology
· More open to technology change

Comparison and Similarity:
Prince2 is more preferred by the organisation due to low investment and predictive approach. However, Agile is more successful in large organisation as compared to Prince2 and agile method needs to be promoted more. But, both the methods have significant in different project undertaking. As illustrated, in industry projects such as construction, PRINCE2 methodology is use while Agile is useful for insurance, finance, banking and I.T. industries (Moran, 2015). Further, both the PRINCE2 and Agile can be fit well together as agile is used for framework of agile delivery, with PRINCE2 as framework of project governance.
Prince2 Product life cycle
There are seven steps involved in the PLC of PRINCE2 as shown below: 
(Source: Binder, 2016).
1 Project start-up: In this stage, approach of project is decided with business justification documentation and assembles of project team take place. 

Project initiation: Work for project planning continues. For this various activities take place such as project plan documentation, risk, controlling of project and planning for next stage of project (Binder, 2016).
Direction: The project is controlled by the project sponsors. It includes ad-hoc direction giving, authorization and project close up.
4. Controlling a stage: Stages of project are broken down into stages which are controlled separately. Activities in this are assessment of progress assessments, issue management, reviewing status and reporting, corrective actions and complete work package receiving.
5. Stage boundaries management: In this stage, end of current stage activities take place along with next stage planning process. The activities involves stage and project planning, business case and risk log update, report making as well as exception plan creation (Sears, et al., 2015).
6. Product delivery management: Here, management of the implement, delivery and acceptance of project work is done by ensuring expectation of the product for the customer.
7. Closing a Project: Project is terminated by formal de-commission, evaluation of project and follow up actions are identified.

It can be concluded that various project management methodology is important for project managers as to have blue print of steps taking place in a project. Different industry needs different methods for successful completion of project according to cost and time.
Binder, J. (2016). Global project management: communication, collaboration and management across borders. USA: CRC Press.
Conforto, E. C., & Amaral, D. C. (2016). Agile project management and stage-gate model—A hybrid framework for technology-based companies. Journal of Engineering and Technology Management, 40, 1-14.
Hughes, D. L., Dwivedi, Y. K., Simintiras, A. C., & Rana, N. P. (2016). Project Management Processes and Practice. In Success and Failure of IS/IT Projects, 12 (6), 45-55.
Karaman, E., & Kurt, M. (2015). Comparison of project management methodologies: prince 2 versus PMBOK for it projects. International Journal of Applied Science and Engineering Research, 4(4), 572-579.
Moran, A. (2015). Agile Project Management. In Managing Agile, 5, 71-101.
Sears, S. K., Sears, G. A., Clough, R. H., Rounds, J. L., & Segner, R. O. (2015). Construction project management. USA: John Wiley & Sons.
Turner, R. (2016). Gower handbook of project management. UK: Routledge.
Verzuh, E. (2015). The fast forward MBA in project management. USA: John Wiley & Sons. 

Free Membership to World’s Largest Sample Bank

To View this & another 50000+ free samples. Please put
your valid email id.


Yes, alert me for offers and important updates


Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

UploadUnique Document

DocumentUnder Evaluation

Get Moneyinto Your Wallet

Total 4 pages


*The content must not be available online or in our existing Database to qualify as

Cite This Work
To export a reference to this article please select a referencing stye below:


My Assignment Help. (2017). Project Methodologies And Processes. Retrieved from https://myassignmenthelp.com/free-samples/project-methodologies-and-processes.

“Project Methodologies And Processes.” My Assignment Help, 2017, https://myassignmenthelp.com/free-samples/project-methodologies-and-processes.

My Assignment Help (2017) Project Methodologies And Processes [Online]. Available from: https://myassignmenthelp.com/free-samples/project-methodologies-and-processes[Accessed 19 December 2021].

My Assignment Help. ‘Project Methodologies And Processes’ (My Assignment Help, 2017) accessed 19 December 2021.

My Assignment Help. Project Methodologies And Processes [Internet]. My Assignment Help. 2017 [cited 19 December 2021]. Available from: https://myassignmenthelp.com/free-samples/project-methodologies-and-processes.

.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}


Thank you for your interest
The respective sample has been mail to your register email id


$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1

Account created successfully!
We have sent login details on your registered email.



With time, MyAssignmenthelp.com has become one of the best college essay writing services. Our all rounded services give students the confidence to overcome assignment related issues. Our services are fast enough to meet most urgent deadlines. We are capable of delivering fast essay writing services with the help of our specially designed provisions and writers’ teams. Our urgent essay help services guarantee most rapid delivery of assignment solutions. Some of our most popular essay services are application essay help, exploratory essay help, literary review essay help and argumentative essay help.

Latest Project Management Samples

div#loaddata .card img {max-width: 100%;

SBM 1201 Project Scope, Time And Cost Management
Download :
0 | Pages :

Course Code: SBM1201
University: Asia Pacific International College

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

This project plan deals with the development of a fuel-efficient HHO Generator. The HHO fuel cells may appear to provide high fuel efficiency to the users. Nevertheless, there are a few confinements and focuses to be seen, as given beneath. This is to clear up that there is NO 100% substitution of petroleum derivative by including HHO cell. HHO gas is otherwise called Brown Gas, yet this is to illuminate that HHO gas is n…
Australia Footscray Management organisational behviour University of New South Wales Masters in Business Administration 

HS2061 Information Systems Project Management
Download :
0 | Pages :

Course Code: HS2061
University: Holmes Institute

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Case Overview:
The project owner of the Signed, sealed, delivered courier service is facing the problems of managing order of couriers in the synchronised manner. The project manager is incapable of managing central warehouse for the dispatching of products. The important information can be lost with the passage of time. The inventory management of the warehouse is the major concern for the owner of the company. He is looking forward …

OPS 935 Project Management
Download :
0 | Pages :

Course Code: OPS935
University: University Of Wollongong

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

This essay explores the impacts of digital technologies on project management. It explores how adoption of digital technologies by companies for managing their project have affected their, project managers, human resource, business processes, timelines, deliverables, and practices  of risk management, people management and quality management.
Impact of Digital technologies on Project Management Practices
Digital te…
Australia Saint Kilda Management International Management University of New South Wales Masters in Business Administration 

ITC505 ICT Project Management
Download :
0 | Pages :

Course Code: ITC505
University: Charles Sturt University

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Case Study- Social Media Research Center
Task-1: Project Charter
Project Objectives
The main objective of the project is to develop a web-based system within the organization “Social Media research Center”. It is analyzed that the Social Media research center wants to develop the web based system in order to connect people with the organization for promoting its research center. The web-based system that is developed conta…
Australia Alfredton Management IT Network Security  University of New South Wales Masters in Business Administration 

ITC505 ICT Project Management
Download :
0 | Pages :

Course Code: ITC505
University: Charles Sturt University

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Part One- Project Name / Team / Description
Project Name:
RALS Solution
Team Name:
Consultants for RALS
Project Description:
RALS organizes show for the farmers and other related small business persons to display their latest technology equipment for betterment in the field of agriculture and crop production. The show has different types of stalls and other facilities for which many volunteers …


Need an essay written specifically to meet your requirements?

Choose skilled experts on your subject and get an original paper within your deadline

156 experts online

Your time is important. Let us write you an essay from scratch

Tips and Tricks from our Blog

11174 Introduction To Management

Free Samples 11174 Introduction To Management .cms-body-content table{width:100%!important;} #subhidecontent{ position: relative; overflow-x: auto; width: 100%;} 11174 Introduction

Read More »