Difference between revisions of "Project Management"

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(Project Methodology Matrix)
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* Medium - > 12months >1M  
* Medium - > 12months >1M  
* Large - > 12months
* Large - > 12months

Revision as of 19:09, 12 February 2012

  • Project Management

Projects are the means by which an organisation brings about change. Projects are temporary with start and end dates. Most projects are unique. Usually with fixed budgets with a measure of tolerance. Change via projects need to be controlled/managed. Programmes consist of many projects over a period of time.

Always consider a Feasibility Study Project for projects with high risks.

What is Project success / failure?

  • Lack of a valid business case (Objective)
  • Insufficient definition of requirements
  • Poor communication
  • Inadequate acceptance of responsibilities
  • Poor estimation of costs and schedule (Budget)
  • Inadequate planning
  • Lack of control over progress
  • Lack of quality control

Project Performance Measures

  • Scope
  • Cost
  • Time
  • Benefits
  • Risk
  • Quality
  • Business Expectations
  • Supplier Expectations
  • User Expectations
  • Team Expectations

Project Methodology Matrix

There are a number of project management methodologies. Project size, project nature, stakeholders, budgets, risk profiles, project interfaces will determine the type of project methodology to use. Some Project methods are:

  • PRINCE2 is strong on governance. Generally more strategic. Not used for Product Management. Good baseline product management.
  • PMBOK says nothing about governance. Focuses on assets.
  • MSP (Managing Successful Programs)

Project Methodology Suitability
# Project Methodology Schedule Quality Time Cost Phases Project Size Comments
1 PRINCE2 Y Y Y Y Y M, L 1,2,3,4

2 PMBOK Y Y Y Y Y M, L 1,2,3,4
3 SDLC Y Y Y Y Y M, L 1,2,3,4
4 Waterfall Y Y Y Y Y M, L 1,2,3,4


Y N Y N N M, L 1,2,3,4
6 RUP Y Y Y Y Y M, L 1,2,3,4
7 CMMI Y Y Y Y Y M, L 1,2,3,4
8 ITIL - Service Management Y Y Y Y Y M, L 1,2,3,4

9 SixSigma Y Y Y Y Y M, L 1,2,3,4

  • Small - < 12months
  • Medium - > 12months >1M
  • Large - > 12months



  • Project Diagrams