|Subject Code and Title||PROJ6000 Principles of Project Management|
|Assessment||Assessment 3 – Visual Presentation: Project Management Processes, Methodologies and Knowledge Areas|
|Length||6 -10 slides|
|Learning Outcomes||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.
Output and Submission
Submit your completed assessment by the end of module 5.
General Guidelines for Successful Presentations.
Project Management Institute (2010). The Value of Project Management. Retrieved from http://www.pmi.org/~/media/PDF/Business-Solutions/Value of Project Management_FINAL.ashx
t Management Institute (2015). Capturing the Value of Project Management Through Knowledge Transfer. Retrieved from http://www.pmi.org/~/media/pdf/learning/translations/2015/capture-value-knowledge- transfer-uk.ashx
Project Management Institute (n.d.). Real-world risk management. Retrieved from http://www.pmi.org/~/media/PDF/Business-Solutions/Risk Management_FINAL.ashx
Project Management Institute. (2013). A guide to the project management body of knowledge (PMBOK guide) (5th ed.). Newtown Square, PA: PMI.
Project Management Institute. (2017). A guide to the project management body of knowledge (PMBOK guide) (6th ed.). Newtown Square, PA: PMI.
Wysocki, R. K. (2014). Effective project management: Traditional, agile, extreme (7th ed.). Indianapolis, IN: Wiley.
This assessment will be graded using the Learning Rubric below, and is worth 30% of the total for the subject.
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.
Royal Defence is responsible for:
The risk appetite of the organization is high as it is in expansion mode. Currently, it is operating from three locations and wants to cover more geography so as to streamline the educational program content all over the country. This requires the company to be dynamic in nature such that it can adapt to changing environment quickly. At the same time, education of children being a sensitive department where programs need to be selected with utmost care, it is of prime importance that the company follows strict policies and guidelines so as to ensure good quality programs are selected for the children such that they aid in their overall personality development. This needs the company to have clear instructions and set list of tasks. At the same time, company needs to evaluate its programs continuously so that improvements can be introduced in a timely manner.
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.
Appropriate PM Methodology
The main responsibility of the organization involves management of educational programs & developmental support. The appropriate PM methodology will be either Agile methodology
Streamlining the educational program content all over the country requires the company to be dynamic in nature such that it can adapt to changing environment quickly. At the same time, education of children being a sensitive department where programs need to be selected with utmost care, it is of prime importance that the company follows strict policies and guidelines so as to ensure good quality programs are selected for the children such that they aid in their overall personality development. This needs the company to have clear instructions and set list of tasks. At the same time, company needs to evaluate its programs continuously so that improvements can be introduced in a timely manner.
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
Process of Agile methodology
It has six steps
1.Plan- Plan the overall task or activity
2.Design-designing of the task or activity
3.Develop- Implemenation of task
4.Test- Test the performance with standard performance
5. Release- Measure the results from the actual vs. standard performance
6.Feedback- Giving feedback to concern stakeholders about the results.
Impact on organization project
Maturity level-There are five maturity levels are defined.
Our organization is 2nd maturity level. As, it is new organization. IT follows the basic PM process to track cost, schedule and functionality