Read the case study "Creating a Methodology" on page 108 and then answer one (1) of the questions on page 110. Note- Discussions will consist of 2 parts: Your initial posting on the subject, and respo

Discussion 1:

Why is it best to have six or fewer life-cycle phases in an EPM system?

While a project is in Enterprise Project Management (EPM), the projects may be tackled with a technique known as the phase-gate technique. During this, projects are divided into phases and each phase has its own gate, which is basically milestones where essential decisions need to be taken. The greater number of gates, the more the reviews. This leads to a lot of wasted resources and can damage the credibility of the project.

In a proposed project, the different phases should be planned and well documented in a way that it gives purpose for other project teams to capitalizes on the process and in turn the entire organization could benefit. The success factor of an institution is closely related to how well the enterprise project management life cycle is implemented. Lesser the number of steps, greater is the success factor.

Training is one of these important steps and the PMO is solely responsible for training the candidates and reduced the overall steps, which ease the workload on the project managers in communicating the necessary training knowledge. The PMO should focus on the technical details of the project gives more time to deliver quality products to end customers.

Completely leaning on some exceptional projects, following life-cycle phases more than the six proposed phases could prove better. But, for that to happen the PMO must analyze its relevance and implement it according to the project's goals and objectives.

References

Kerzner, H. (2017). Project management: systems approach planning, scheduling, and controlling. John Wiley & Sons