Referencing Styles : Harvard
Describe five (5) advantages and five (5) disadvantages of using a project management approach based on model-based methodologies (specifically PMBOK and PRINCE 2). Using a suitable project example from your experience or reading, illustrate how one of these models - of your selection - will benefit your project compared to the other model (i.e. the comparative strength of the chosen model for a specific project). Also comment on how the models could be combined and how you would retain the benefits of each and correct for the deficiencies of each.
Task:
What is the role of integration as defined by PMBOK, and what contribution does it make in project management? Why is scope management important and how would you control scope in a project? How do scenarios contribute to project management? Describe the tools that you would use to collect requirements and generate at least 20 requirements to define scope for a particular project. Describe a test to assess whether five (5) requirements had been achieved.
Task:
What is the value of having sound time and cost management plans when undertaking project execution? Identify at least six tools / techniques (three (3) each for time and cost management) that you would use for managing and controlling time and costs in the project and describe why you consider them to be important. Using a suitable project example from your experience or reading, make a list of activities to monitor and control that project