Need an argumentative essay on Project Management Methods: A Comparative Study. Needs to be 8 pages. Please no plagiarism.Download file to see previous pages... Therefore, it requires a systematic app

Need an argumentative essay on Project Management Methods: A Comparative Study. Needs to be 8 pages. Please no plagiarism.

Therefore, it requires a systematic approach and methodology to identify and execute certain activities and strategies in order to meet a specific set of goals and objectives. A project follows a certain set of phases including the following: definition (what are its objectives), planning (what are its tasks and activities), execution (what are the resources and budget), control (what are its updates and progress details), and closure (what is its final outcome). There are several methods and techniques used in a project to meet these goals. This paper briefly addresses two of the main approaches of project management – traditional and agile management methods. While discussing the respective characteristics of the methods, the discussion also includes a detailed yet precise comparison between traditional and agile approaches. Traditional project management approach: To begin with, it is important to note the different characteristic features of a project from a general management perspective. Andersen, Grude and Haug (2009) clearly indicate the basic features according to whom a project: Is a unique task Is designed to attain a specific result Requires a variety of resources Is limited in time When it comes to traditional project management approach, it uses conventional methods and techniques in the management process. ...

Unlike the modern methods, traditional method does not require to be customised in a specific way. It simply uses its own orthodox yet simplified tools and techniques for management and problem-solving areas. The most remarkable advantage of a traditional project management is that its tools and techniques have been used and proven for such a long time. Therefore, the level of predictability of the outcome of such an approach is almost to the point of reasonably acceptable accuracy. A traditional approach to project management involves the identification of certain stages and execution of activities or tasks accordingly. The following stages are applied in a traditional approach in a sequential fashion: Initiation Planning and design Execution and construction Monitoring and controlling systems completion The initiating stage involves the process of determining the nature and scope of the project. This stage is significant for the successful execution of the project. At this initial stage, it is important for the project team to have a clear understanding of the business environment. The planning and design stage witnesses project planning details along with a number of activities including selection of the planning team, identification of necessary tasks and deliverables, development of schedule, budget and risk planning, and so on. Once the plan is executed, monitoring the project variables and ongoing activities is continuous. Traditional approach involves careful and systematic planning and execution in every stage of the project management. In case of any deficiencies identified at any stage, recommendations can be immediately made to solve the problems.