Management of Software Projects -2 Essay Example | Topics and Well Written Essays - 3000 words

Management of Software Projects -2 - Essay Example Moreover, the project management standards utilize themes, tools and techniques for managing and monitoring of the projects, the document contains a discussion and comparison of these tools and techniques. In the end, the document recommends the project management standard for appraising, planning and executing successful projects in the organization. Introduction The Project Management Institute (PMI) provides a well recognized project management standard known as Project Management Professionals (PMP). The project managers usually get a certification of PMP for learning the ethical behaviour with the project team and knowing responsibilities for taking informed decisions regarding the project. The PMP provides a set of five (5) processes, nine (9) knowledge areas along with a code of ethics for managing a project successfully. The five (5) processes include: the initiation, planning, executing, monitoring and control, and project closure. It is required for the project manager to f ollow the prescribed processes of the PMP (as per the policy of the organization) by managing the project activities from the project appraisal (initiation) till project closure. The PMP enhances the skills of the project manager to make decisions, providing directions to the project team and executing projects in a professional manner. ... The project manager is responsible for allocating the resources (hardware, human, financial) and managing the project scheduling. The project manager would be responsible to manage the scope of the project (scope management). The PMP recommends the project manager to respect others and establishing a close working relationship with the team members by effective communication (Project Management Institute Inc., 2004). PRINCE2 (Project IN Controlled Environment) is a project management standard used in more than 150 countries for successfully managing a project. PRINCE2 consists of a several themes, set of principals, and a project management lifecycle. There are seven (7) themes of the PRINCE2 include: Risk, Change, Progress, Business Case, Organization, Quality and Plans. These themes of the PRINCE2 explain the significant project management aspects which need to be managed and handled during the execution of the project lifecycle. In PRINCE2 a plan is not just about the cost managem ent, schedule management and resources management, however, plans are set of documents explaining what to be achieved, how to be achieved and when to be achieved by whom the goals of a project. The PRINCE2 utilizes product planning technique for creating diverse types of plans. The product-based planning is used by the PRINCE2 which is one of the most powerful techniques for project managers to manage a project. The PRINCE2 recommends and uses different levels of the plan involve diverse human resources for managing the project successfully. These plans include: the project plan, stage plan(s) and team plan(s). As the PRINCE2 utilizes product-based planning having seven steps for creating or developing plans include: