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40 Days to PMP Exam Success ??Day #27_ Determine Project Methodology (Agile, Predictive, Hybrid)
40 Days to PMP Exam Success ??Day #27_ Determine Project Methodology (Agile, Predictive, Hybrid)
ratings:
Length:
21 minutes
Released:
Jul 9, 2023
Format:
Podcast episode
Description
PMP Exam Training and Coaching based on the book, PMP Exam Immersion
Direct Link: https://praizion.dpdcart.com/cart/add?product_id=221766&method_id=241716
Also based on the half-day LIVE training course, PMP Exam Immersion, available here: http://hpmexam.com
Also find on UDEMY: http://udemy.com/pmpimmersion
Task 13: Determine Appropriate Project Methodology/Methods and Practices
Task 13 involves determining the most appropriate project methodology, methods, and practices based on an assessment of project needs, complexity, magnitude, and other factors. This task includes assessing project requirements, recommending a project execution strategy, recommending a project methodology or approach (such as predictive, agile, or hybrid), and utilizing iterative and incremental practices throughout the project life cycle.
Assess Project Needs, Complexity, and Magnitude:
To determine the appropriate project methodology, it is important to assess the unique needs, complexity, and magnitude of the project. This assessment considers factors such as project objectives, scope, timeline, resource requirements, risks, stakeholder expectations, and regulatory compliance. By understanding the specific characteristics and requirements of the project, the project team can make informed decisions regarding the most suitable methodology and practices to apply.
Recommend Project Execution Strategy:
Based on the assessment of project needs, the project team recommends a project execution strategy. This strategy encompasses various aspects of project management, such as contracting, finance, and resource allocation. For example, the team may recommend outsourcing certain project components through contracts or utilizing specific financial models to fund the project. The project execution strategy aligns with the overall project goals and objectives and supports efficient project delivery.
Recommend a Project Methodology/Approach:
Once the project execution strategy is determined, the team recommends a project methodology or approach that best aligns with the project requirements. This may involve recommending a traditional predictive (waterfall) methodology, an agile methodology (such as Scrum or Kanban), or a hybrid approach that combines elements of both. The recommendation is based on factors such as project complexity, uncertainty, stakeholder collaboration needs, adaptability, and flexibility. The chosen methodology provides a framework for planning, executing, and controlling project activities.
Use Iterative, Incremental Practices throughout the Project Life Cycle:
Regardless of the chosen methodology, it is beneficial to incorporate iterative and incremental practices throughout the project life cycle. These practices promote continuous improvement, stakeholder engagement, risk management, and knowledge sharing. Examples of iterative and incremental practices include conducting regular lessons learned sessions to capture and apply project insights, engaging stakeholders in feedback loops and decision-making processes, and actively managing project risks through ongoing identification, analysis, and mitigation efforts. By embracing these practices, the project team can adapt to changing circumstances, enhance project outcomes, and foster a collaborative and learning-oriented project environment.
The selection of an appropriate project methodology, methods, and practices significantly impacts the project's success. By assessing project needs, recommending a project execution strategy, recommending a suitable methodology or approach, and applying iterative and incremental practices, the project team can enhance project delivery, stakeholder satisfaction, and overall project outcomes.
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Send in a voice message: https://podcasters.spotify.com/pod/show/projectmanagement/message
Support this podcast: https://podcasters.spotify.com/pod/show/projectmanagement/support
Direct Link: https://praizion.dpdcart.com/cart/add?product_id=221766&method_id=241716
Also based on the half-day LIVE training course, PMP Exam Immersion, available here: http://hpmexam.com
Also find on UDEMY: http://udemy.com/pmpimmersion
Task 13: Determine Appropriate Project Methodology/Methods and Practices
Task 13 involves determining the most appropriate project methodology, methods, and practices based on an assessment of project needs, complexity, magnitude, and other factors. This task includes assessing project requirements, recommending a project execution strategy, recommending a project methodology or approach (such as predictive, agile, or hybrid), and utilizing iterative and incremental practices throughout the project life cycle.
Assess Project Needs, Complexity, and Magnitude:
To determine the appropriate project methodology, it is important to assess the unique needs, complexity, and magnitude of the project. This assessment considers factors such as project objectives, scope, timeline, resource requirements, risks, stakeholder expectations, and regulatory compliance. By understanding the specific characteristics and requirements of the project, the project team can make informed decisions regarding the most suitable methodology and practices to apply.
Recommend Project Execution Strategy:
Based on the assessment of project needs, the project team recommends a project execution strategy. This strategy encompasses various aspects of project management, such as contracting, finance, and resource allocation. For example, the team may recommend outsourcing certain project components through contracts or utilizing specific financial models to fund the project. The project execution strategy aligns with the overall project goals and objectives and supports efficient project delivery.
Recommend a Project Methodology/Approach:
Once the project execution strategy is determined, the team recommends a project methodology or approach that best aligns with the project requirements. This may involve recommending a traditional predictive (waterfall) methodology, an agile methodology (such as Scrum or Kanban), or a hybrid approach that combines elements of both. The recommendation is based on factors such as project complexity, uncertainty, stakeholder collaboration needs, adaptability, and flexibility. The chosen methodology provides a framework for planning, executing, and controlling project activities.
Use Iterative, Incremental Practices throughout the Project Life Cycle:
Regardless of the chosen methodology, it is beneficial to incorporate iterative and incremental practices throughout the project life cycle. These practices promote continuous improvement, stakeholder engagement, risk management, and knowledge sharing. Examples of iterative and incremental practices include conducting regular lessons learned sessions to capture and apply project insights, engaging stakeholders in feedback loops and decision-making processes, and actively managing project risks through ongoing identification, analysis, and mitigation efforts. By embracing these practices, the project team can adapt to changing circumstances, enhance project outcomes, and foster a collaborative and learning-oriented project environment.
The selection of an appropriate project methodology, methods, and practices significantly impacts the project's success. By assessing project needs, recommending a project execution strategy, recommending a suitable methodology or approach, and applying iterative and incremental practices, the project team can enhance project delivery, stakeholder satisfaction, and overall project outcomes.
---
Send in a voice message: https://podcasters.spotify.com/pod/show/projectmanagement/message
Support this podcast: https://podcasters.spotify.com/pod/show/projectmanagement/support
Released:
Jul 9, 2023
Format:
Podcast episode
Titles in the series (97)
NEW PMP Exam Podcast with STRUCTURED Curriculum (40 DAY DIALOG) by PMP Exam Success in 40 Days! - Project Management 101