Assignment 1 Project management-
Investigation
Learning aim, A-Investigate the
principles and methodologies of IT
project management as used in
industry
Introduction
I have been recruited at a software development company to research
and evaluate different project management methodologies. My job is to
assess different approaches to work out the most appropriate
methodology for future projects. In my report I have been asked to
analyse 3 real life projects using a different methodology such as
PRINCE2, RAD, waterfall or agile. I must include a complete examination
of the phases involved in the project along with an assessment. The
process used for finishing each project, including features like user
requirements, project job roles and responsibilities, quality assurance,
testing, and deployment, should also be examined in the review. To
ensure successful project outcomes, i need to highlight the importance of
These parts in good project management. I will need to write an
evaluation that explains the advantages and disadvantages of each
approach as well as how well it fits into various project scenarios.
A1 Project definitions
Project start, middle and end time
,A project is a planned activity intended to accomplish a certain goal or
provide a certain advantage. In contrast to ongoing activities or
processes, a project has a well-defined start, middle, and finish point. This
indicates that it begins on a specific day, progresses through several
organised phases, and ends officially. A project also has a clearly defined
scope of work, which is a list of objectives, outcomes, and tasks that must
be fulfilled to achieve the intended outcome.
The scope makes sure that everyone involved is aware of the work that
needs to be performed and the expected outcomes by outlining what is
required, who also will do it, and what resources are needed. The goal of
having a clear scope, beginning, middle, and end is to give the project
team a framework and clarity so they can concentrate on finishing tasks
within the allocated funds, time, and quality standard. This method helps
guarantee that the project meets its goal or produces its advantage, be it
creating a product, simplifying a procedure, or resolving a particular issue.
project management is the art of planning, organising and controlling
project activities so that the project is completed successfully within the
budget, time and quality constraints, and that problems are resolved to an
appropriate standard and appropriate risks are mitigated
The strategic planning, organising, and control of businesses to guarantee
a project's successful completion within set time, money, and quality
restrictions is the study and practice of project management. Planning is
the first step, during which the project's goals, scope, assets, schedules,
and any risks are determined and organised into a plan of action. Forming
the project team, giving assignments, and arranging procedures are all
part of organising so that everyone is on the same page and ready.
Checking progress, spending, as well as standards is the main goal of the
control phase, which enables any necessary modifications to be made to
maintain the project on schedule.
Early addressing problems when they emerge and making sure they are
fixed to forward the project's objectives is another aspect of project
management.
Also, to reduce the impact of unexpected difficulties that might stop
progress, methods to reduce risks are crucial. In the end, successful
,project management finds a balance between these factors to produce an
excellent project on time and within budget.
project life cycle has the following five main stages and the structure in
which these
are implemented will vary depending on which project management
methodology is
being applied
The project life cycle, which has five major stages, is a structured system
for monitoring a project from the start to completion.
1. Initiating is the first stage. A project's basis is built during the first
stage, known as the initiating stage. At this point, the project's
objectives and purpose are established, offering some explanation
for its necessity. This includes defining the project's scope,
recognising those who are involved, and laying out the essential
needs. To put together these components and obtain official
authority to move forward, a project blueprint or identical
agreement is usually prepared. This phase establishes the
framework for efficient planning and execution and guarantees that
all parties involved are aware of the project's goals.
2. Planning is the second stage. During the planning phase, the
project's roadmap is developed, outlining the methods for carrying
, out, supervising, and managing the work. This stage involves
establishing goals, defining the project's scope, and developing
timetables for efficient task and resource allocation. To find possible
problems and create solutions, risk handling plans are created. To
guarantee that information is shared across participants in a clear
and consistent manner, communication plans are also described. By
the end of this phase, the team has a thorough plan that ensures
the project is carried out according to schedule, budget, and quality
standards.
3. Executing is the third stage. The actual work on the project happens
during the Executing stage. In this phase, the tasks specified in the
planning stage are carried out using the available resources, both
human and machines. Participants of the team fulfil their designated
responsibilities, and technologies or tools are used to accomplish
the project's goals. Time, money, and quality limitations are
carefully managed throughout the job to keep the project on
schedule. During this phase, efficient task completion and project
performance requirements are dependent on effective leadership,
teamwork, and communication. For instance, if the project needs
more funding and resources, it must be stopped this cannot occur
since it will only cause the project to be delayed. If there are issues
with the project, you will need to start again from the beginning and
then move on to the planning stage. Basically, back to square one.
4. Monitoring and controlling are the fourth stage. The Monitoring and
Controlling stage involve maintaining tabs on the project's
development to make sure it stays within the budget, timetable, and
objectives specified during the planning and starting stages.
Throughout this phase, project managers compare actual progress
to the set objectives and frequently evaluate performance using key
metrics. Anything that differs from the project's scope, schedule,
budget, or quality are noted and addressed to get it back on track.
In order to keep things under control and guarantee that the project
produces the desired outcomes, this phase involves managing risks,
dealing with problems as they emerge, and making sure that
participants are communicating effectively.
5. Closing the project is the fifth stage. When all the requirements and
tasks are completed and the project is formally closed, it is said to
have reached the closing stage. The project team makes sure that
all goals have been reached and that any ongoing problems have
been resolved throughout this phase. All paperwork related to the