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Why is it important to have a Project Management Methodology? The Project Management Methodologies The Project Management Methodologies

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1. Consider your project

Download This Document. Project Management. Table of Contents Introduction Introduction Project management refers to planning and organizing of resources available within an organization to accomplish task or work assigned to the company. Resource includes human resources, technology, raw materials, assets etc.

The best project management methodology

Crucial work of project management is to maximize the utilisation of resources which will leads to improve in profitability and efficiency. In this file KAP speciality chocolates is taken for considerations. Projrct deals in chocolate where they work as a supplier with vast variety of chocolate products and headquarters in Portsmouth.

Different types of project management methodologies and which one is suitable for this report will be explained.

The Project Management Methodologies

Planning approaches like PBP will be use to prepare a project plan. Different stakeholders will be identify and methods and strategies use to manage change will be discussed. Risk management matrix will be made to identify the chances of failures of company will be scrutinized.

The Project Management Methodologies

Task Metodologies 3. Company has to change their project management methodologies to cope up with high competitions. But if it not properly applied by company then it might jeopardize their situations in the market Turner, KAP Speciality Chocolates should consider few points before implementing any new methodologies like budget, deadlines, shareholders expectations etc.

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Different types of methodologies are described as follows, Waterfall model It is one of the oldest technology which works on sequential process. All the requirements for the task is collected before any work starts then only process of making the system starts in which one step has to The Project Management Methodologies completed before approaching to a new one. The goal of this stage is to clear the concept of system and what information is required for the future while making the system.

The Project Management Methodologies

This phase will only starts.]

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