Project management methodologies

Wells, H. (2012). How effective are project management methodologies? An explorative evaluation of their benefits in practice. Project Management Journal, 43(6), 43-58. doi:10.1002/pmj.21302.

The author discussed several project management methodologies: agile, PRINCE2, and waterfall.

Do you think organizations should adopt a single Project Management Methodology for all their projects? Why or why not?

What are some of the pros and cons of having a single methodology in an organization vs. the pros and cons of having multiple methodologies?

Reminder: A high-quality post is one that explicitly links your personal opinion or experience with the course materials or other relevant outside sources using proper APA format. The Total words between 200 to 300.

American Psychological Association. (2009). Publication manual of the American Psychological Association (6th ed.). Washington, DC: Author.

Answer preview

Each of the methodologies chosen for a project has its accompanying upsides and downsides. A manager can decide to adopt a single methodology such as the Agile, waterfall, or PRINCE2, to manage their project (Wells, 2012). Doing so comes with its own set of advantages and disadvantages. One of the benefits of soldering on with a single methodology is that there are little chances of interruption. Using such an approach ensures that every person is aware of what they need to do at the beginning of every project. However, the single methodology approach will become problematic when the circumstances around the project change. Adapting to these changes will be very tough, an aspect that might curtail the prosperity of the project. Conversely, having multiple methodologies ensures that a project will run smoothly, irrespective of any shifts that may occur (Wells, 2012).

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Project management methodologies