|Subject Code and Title||PROJ6000 Principles of Project Management|
Assessment 3 – Visual Presentation: Project
Management Processes, Methodologies and Knowledge Areas
|Length||6 -10 slides|
Successful completion of this assignment will result in achievement of the following subject learning outcomes:
1. Understand PMBOK knowledge areas and process groups and their role, relevance and impact on project management best practice and PMI’s Code of Ethics.
3. Apply appropriate project management tools and techniques, paying particular attention to risk management.
|Total Marks||30 Marks|
Leading organisations across sectors and geographic borders have been steadily embracing project management as a means of controlling spending and improving project results. These, and other desirable outcomes have been achieved through the application of project management methodologies, standards, and maturity models, which has understandably been embraced by many contemporary organisations.
Project managers of course are an integral part of delivering successful projects, and as such, have many responsibilities to discharge throughout a project’s lifecycle.
Create a visual presentation describing the application of effective project management processes, methodologies and knowledge areas. Describe how project management relates to project success/failure and the possible consequences when project management practices are not effectively implemented in projects.
Your presentation will contain 6 – 10 slides using a technology of your choice (e.g. MS PowerPoint or similar). Please follow the presentation guidelines attached as a PDF to this assessment brief.
About the Organization
For the purpose of this assignment, the selected organization is a small public sector company in the defense sector and the relevant industry is education. The organization was founded in 2017 and is headquartered in XXXX. Currently, the organization is active in three locations and has 10 permanent employees.
The organization is relatively new and keen to expand and hence, it has a high risk appetite. However, various environmental and other factors that are dynamic in nature need to be factored in so that the growth is not hampered.
Project Management Institute (PMI)
As well known, PMI is the world’s leading association for project management. It is a not-for-profit organization with more than 370,000 certified professionals in over 180 countries. The credential holders and members count is over 500,000.
The reason for such large numbers is the credibility that this institute enjoys due to globally-recognized standards and practices, intensive research curriculum, and various development opportunities that a professional can be part of. The institute offers Project Management Professional (PMP) credential which is internationally recognized certification in the field of project management.
The PMP certified professionals are widely sought after in various types of organizations, be it, government, commercial organization or any other type of organization. This is because these organizations intend to maximize the success rate of their projects and standardize processes by leveraging expertise of the PMP certified professionals.
Benefits of PM
As discussed earlier also, applying various project management techniques, as appropriate, leads to multiple benefits for the organization. Some of the major benefits drawn through project management implementation are:
Disadvantages of not using PM