Requirements of Project Management Methodologies in Organization

In 1950's, businesses adopt a process called Project Management. Project Management contain methods which help to achieve organization goals. In this system, it defines from starting to end process of development of products.

Project Management is having lots of tools for completing the project tasks and also measure the progress of the projects. Project management follows top to down methodology for evaluating project goals or objectives.

Project management methodology works on two phases: 

(i) Project Explanation phase and 

(ii)Project Life Span phase. 

     Project Management methodology focus on numbers of  processes are:

·       For developing a project, communication and planning should be in the common language.

·  All information regarding the project must be provided at the communication and planning stage.

·       For the more efficient project,  the manager should track the progress of the project during development.

·       Manager should lead the outputs of the products.
·       Project should complete within the given schedule.

The project management methodology phases are discussed below:

 1)   Project Explanation Phase:

The requirement of services and function can raise the idea of the creation of products. So, the group of business managers discuss on nature and scope of the project. Before starting production, few points considered in project explanation phase are:

a)    Development of a project should be unique.

b)    The scope and delivery of the product should be high.

c) Objectives of the production of a product should match the customer’s requirement.

d)    Before starting the development of the project, total cost should be estimated.

e)    A test team must be assigned for testing the product before deployment of the product takes place.

 2)   Project Life Span Phase:

In project life span phase, it explains 5 stages of project management:

                   i.            Planning:

·  Planning helps in saving time, cost and resources during the production of the project.

·       Planning defines the scope of the project.

·       It helps in making a proper budget.

·  With the help of Planning, particular teams are assigned for particular tasks.

·      Planning helps the manager to avoid risk in the production of the product.

·       Due to planning, managers allocate all resources wisely.

                  ii.            Designing or modelling:

·       In this stage, designer, develop a model of the project and flow chart of the production of the product.

·    According to the model, developers develop the project and follow the flowchart for developing the products.

·       At this stage, the manager can analyze the actual requirement of resources for developing the products.

                   iii.            Development:

·       After modelling, developers start development of the project.

·     During development, developer follows the flowchart and model of the project. But sometimes, developers add some features according to their knowledge for customers convenient.

                     iv.            Testing:

·       After completing development of  the project, testers test the projects for avoiding any type of errors.

·       In the testing phase, if testers found any error, then they create a report regarding that error and again send that project to the development phase.

                      v.            Closing:

·       This stage is the end part of project management methodology and also most important part.

·       At this stage, the project is handover to the customer with all documents related to the project.