Agile Lifecycle & Waterfall Model Lifecycle-Samples for Students

Questions: 1. Define what a Methodology is and the role it serves in Project Management. 2.Choose two Methodologies from this list to compare and contrast, analysing the similarities and differences between them both. 3. Finally, identify how your chosen Methodologies and Processes relate to the project life cycle. Answers: Introduction Project management is a very crucial task. It is not easy to manage the project without identifying proper and relevant set of methodologies. Understanding methodologies of the project is one of the most important aspects attached with any project. These methodologies helps in managing the project in an effective way and helps in understanding the direction in which it is required to take the same. Hence, a report is developed which will help in understanding various methodologies of project management and evaluation will be done that how the selected methodology will help in project life cycle. 1.Project Methodologies Project methodologies are the methods which are being adopted by the project managers to ensure that the most possible as well as effective way could be chosen so as to complete the project with quality (Geraldi Sderlund, 2017). Project methodologies helps in defining the project principles and helps in ensuring that the project on which the team is working should move on the right direction. Types Of Project Methodologies Project management requires that the right decision should be made in the same manner it is necessary that appropriate project methodology should be used by the project manager. There are various set of project methodologies available on which it is required that a project manager should focus upon and should ensure that the right one should be used (Besner Hobbs, 2012). Choosing appropriate methodology for the project will help in completing the same in a proper way. In case if a project manager chooses the wrong methodology then it could be possible that the project could get impacted and it could go in the wrong direction. Therefore, various types of project methodologies are: Agile: It is method which helps in collaborating all the aspects and delivering the requirements of all types of works. Scrum: It is a method of enabling the small, cross functional, self managing team so as to deliver the requirements as soon as possible. Kanban: It is a method which helps in completing the project in a fast way and helps in increasing the visibility of the work which remains in progress (Wells, 2012). Lean: It is a method of selecting the most appropriate as well as short way to complete the project within the time period decided. Waterfall: It is a method in which full plan of the project is being prepared and then all the phases are executed. PRINCE2: It helps in controlling the project and managing the same in an effective way. PMIs PMBOK: It is a method in which universal standards are applied to the waterfall project management (Rozenes, 2011). 2.Comparison Between Agile And Waterfall Agile as well as Waterfall model both works towards to manage the project in an effective as well as in the most appropriate way. Both the methods are used to ensure that the project should be completed within the deadlines as proper planning is done in both the methods so as to compare the project with quality. Agile method includes all set of aspects which are required to be taken into consideration for the project. It will help in developing standards for the project and managing the same accordingly (Mller, 2015). Waterfall method of project management is a traditional method which helps in planning the whole project and helps in executing all the phases in a systematic way. 3.Agile lifecycle Agile model lifecycle helps in understanding and determining the lifecycle of a project. In this decision is made so as to initiate the project, then the requirements are being determined, then high level requirements are being understood (Ginsberg, 2016). Then the stages of project lifecycle occur in which development of the project is done according to the plans made. (Geraldi Sderlund, 2017) Waterfall Model Lifecycle There are certain stages involved in waterfall model lifecycle in which requirement of the project are evaluated, then designing is done, then plans are implemented, then verification is done and at the last maintenance is done. (Besner Hobbs, 2012) Conclusion At the end it could be concluded that managing project is an important aspect in which it is required that a proper and appropriate set of methodologies should be chosen. Choosing appropriate methodology will help in completing the project in an effective way. It is required that comparison between the methodologies should be taken into consideration before making any decision to implement the same for the completion of the project References Besner, C., Hobbs, B. (2012). An Empirical Identification of Project Management Toolsets and a Comparison Among Project Types.Project Management Journal,43(5), 24-46. Geraldi, J., Sderlund, J. (2017). Project studies: What it is, where it is going.International Journal Of Project Management,23, 138-139. Ginsberg, N. (2016). Determining the context of an international development project.The Journal Of Developing Areas,50(5), 431-442. Ginsberg, N. (2016). Determining the context of an international development project.The Journal Of Developing Areas,50(5), 431-442. Mller, R. (2015). The Migration of Methodologies for Project Management Research.Project Management Journal,46(2), 3-5. Rozenes, S. (2011). The Impact of Project Management Methodologies on Project Performance.International Journal Of Information Technology Project Management,2(2), 64-7