Developing A Project Management Methodology
Option #1: Developing a Project Management Methodology—Essay
Based on your review and analysis of the "Creating A Methodology" case study (Kerzner, 2022, p. 102), address the following key elements:
• Read Section 2.3.5 Life Cycle and Phase Definitions of A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Seventh Edition, assess the main consideration in phase definition of projects, and then characterize the project life cycle phases noted in the case study.
• Clearly and concisely define the construct of an enterprise project management methodology (EPM). Appraise the elements included in the case study's EPM.
• Clearly and concisely define the construct of a project management office (PMO). Critique the case study's PMO structure in context of implementing the proposed EPM.
• Identify specific aspects of a project management methodology that are distinctly unique to global organizations.
• Summarize how a project management system (PMS) can be used to support the case study's EPM.
Prepare a written essay and be sure to properly organize your writing and include the following:
• Cover page
• Introduction
• Body of your work in response to the assignment's key elements, with headings and subheadings
• Conclusion
• List of references
• Appendices (as applicable)
Consult the Sample paper (Links to an external site.) template for more information on how to organize the paper.
The CSU Global library is a good place to locate these sources, and the Project Management Resources Guide (Links to an external site.) is a great place to start. The written section should follow the CSU Global Writing Center (Links to an external site.). Submit your essay by the posted due date and review the rubric for specific grading criteria.
The introduction through conclusion sections of your paper should be approximately 3-4 pages in length and conform to APA guidelines in the CSU Global Writing Center (Links to an external site.). Support your assignment with a minimum of three peer-reviewed or professionally published sources such as CSU Global library resources in addition to the course textbook. The CSU Global Library (Links to an external site.) is a good place to find these references.
Project management methodology is critical in any project and constitutes procedures, techniques, and principles. Project management methodologies differ depending on structure and organization (Pace, 2019). However, the methodology must align with the project requirements and goals for effective implementation. Understanding the elements of the project life cycle is essential since it determines the process of creating a methodology. Therefore, it is necessary to ensure that all the elements of EPM are understandable and manageable while creating a methodology. The paper addresses project management methodology by focusing on a specific case study and analyzing its EPM methodology.
Characterizing the Project Life Cycle
The case study comprises different project life cycle phases. The first phase is feasibility which involves determining the business case. Besides, it also determines the organization's capacity to achieve the intended outcome. The phase is essential since it determines the general project outcome of the methodology. The second phase in the case study is designing, which involves planning and analyzing the developed project deliverables. According to Kerzner (2009), a reliable design is necessary for an effective and manageable methodology. The third phase noted in the case study is the building, which involves constructing the deliverables with specific quality assurance. The fourth phase is testing, characterized by reviewing and inspecting the deliverables. The test is essential; it determines customer acceptance and engagement. The second last phase is deployment, characterized by putting project deliverables into action. Besides, at this phase, change management is also essential to ensure that all the methodology concerns which may arise are timely and efficiently addressed. The last phase in the case study is closure, characterized by artifacts and project knowledge. Therefore, the identified phases in the case study are fundamental in creating an efficient project methodology.
Construct of EPM Methodology
Enterprise project management methodology comprises elements that must be analyzed and aligned to the case study. EPM involves the management of projects on the company's scale. It also involves implementing processes and strategies that streamline and improves project management on a larger scale. The key constructs of the EPM include strategy formulation, business planning, financial management, and supply chain effectiveness (Richardson & Jackson, 2018). The identified elements are essential and noted in the case study's EPM. For instance, the case study's EPM mainly comprises the best practices such as planning and the RFP. The elements are essen...