Relationship between methodologies and project life

Assignment Help Project Management
Reference no: EM13765455

relationship between methodologies and project life

In our case study, we are each functioning as a project manager.

  • What factors should you consider in choosing a methodology for any project (not just our case study)?
  • Discuss the relationship between methodologies and project life cycles.
  • Should methodologies be standardized or is flexibility within project management a better choice?

When considering the methodology for projects, there are many factors to be considered such as the size of the project, the scope, and the difficulty level. The methodologies and project life cycles go hand in hand. Each type of methodology is going to encompass some sort of project life cycle. The generic project life cycles include initiating, planning, executing, and closing. Not all methodologies will necessarily follow this life cycle to the tee, but there will be something similar. The methodologies within project management should be flexible. Each project offers different obstacles that will ultimately result in a different approaches depending on the complexity of the project. Having the flexibility to adapt to the complexities is a necessity.

Reference no: EM13765455

Questions Cloud

Determine the most highly concentrated retail industries : Determine the most highly concentrated retail industries in the U.S. as of 2002 and find the same information for Manufacturing and also included the Herfindahl-Hirschman Index.
Create a character analysis : USING EXAMPLES FROM 3 of the 'books/episodes' assigned, CREATE a "character analysis" of one (or more) of Homer's characters in "The Odyssey" and how it affected the success of the entire famous story
Basis of productivity : At Hartford Manufacturing Company, production workers in the Assembly Department are paid on the basis of productivity. The labor time standard for a unit of production is established through periodic time studies conducted by Time Management Cons..
Reinvestment risk differ from interest-rate risk : How does reinvestment risk differ from interest-rate risk? Identify and explain the four factors that influence asset demand. Which of these factors affect total asset demand and which influence investors to demand one asset over another?
Relationship between methodologies and project life : What factors should you consider in choosing a methodology for any project
Assigned change leadership roles and relationships : In "Assigned Change Leadership Roles & Relationships," the sponsor is typically -
Roe v wade critical analysis of supreme court decision : Roe v Wade critical analysis of Supreme Court decision
Comprehensive budgeting-basic flexible budgeting : The balance sheet of Watson Company as of December 31, 20X1, follows
Effectively implement monetary policy : Why is it important for the economies of Europe to converge in order for the European Central Bank (ECB) to effectively implement monetary policy for Europe?

Reviews

Write a Review

Project Management Questions & Answers

  Quantify the objectives of the various projects

Justify the commitment of Project D using the portfolio process you defined in (Project Outline). Make whatever assumptions are necessary (cash flows to fit NPV analysis, strategic alignment determination, etc.). Your team should prepare the followin..

  1 why does the proper operation strategy keep changing for

1. why does the proper operation strategy keep changing for companies that are world-class competitors?2. what recent

  Defining project stateholderswho are the project

defining project stateholderswho are the project stakeholders and keep in mind that you work for a publicly-owned

  Ges healthymagination project

Show the potential positive and negative effects of the GE project on both GE and on the country in which it is located.

  Important information about project managers

Important information about Project managers - how project managers would accomplish this to add to my paper to make it complete.

  Information security issues

What information security issues does electronic records management address? What types of mechanisms can be used to help increase collaboration across business and IS leaders?

  Cpi to calculate estimate at completion of project

Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned?

  Process of doing a system of inquiry

Describe the process of doing a system of inquiry for codes of ethics. Make a system of inquiry to be employed in evaluating decision-making, problem solving, and behavior in the business setting.

  Computing payback period-npv and irr

The tax rate is 37 percent, and the cost of capital is 13 percent. Compute the payback period, the NPV and the IRR.

  Operations management benefits of project management and

operations management benefits of project management and safety stock1. what are the benefits of project management?

  Who calls the shots on projects

describe when the stakeholder and identification process should take place during the planning of the project

  Computing the coefficients of variation of project

Which of the following four projects should Mountain Ski Corp. choose? Compute the coefficients of variation to help you make your decision.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd