Case Studies Overview
The paper reflects on the comparison of PRINCE 2 and agile methodology that are utilized in the case studies. The case study “Risk management and evaluation of project life cycle in Sodar Oil Terminal” uses PRINCE2 methodology whereas the case study “Decision making process in ecological risk assessment using copper pollution in macquarie harbor” uses agile methodology.
In this assignment, both the agile and PRINCE2 methodology are compared as well as contrasted. The paper helps in providing proper explanation about the selection of the methodologies. The assignment also helps in providing proper information about key success factors as well as key challenges in the implementation of each PM methodology
- Compare and contrast the PRINCE2 and Agile approach to Project Management
The case study “Decision making processes in ecological risk assessment using copper pollution of Macquarie harbour from Mt. Lyell, Tasmania” utilizes agile approach. It is identified that due to copper mining for more than 100 years, heavy pollution occurs around various regions of Tasmania, Macquarie harbor as well as Queenstown. This creates number of problems including enhanced mid salinity of harbour water. Agile methodology is generally utilized in order to increase the involvement of staff of Remediation research and demonstration program in the risk assessment procedure in order to make appropriate decision that helps in resolving the challenges that is faced due to copper pollution (Patwardhan et al. 2016). Involvement of the staff within the risk assessment procedure assists in providing excellent visibility for resolving the risks appropriately. The program generally assists in determining the extent of pollution within offsite in context to ecological impact. Due to the utilization of agile methodology, the issues as well as challenges related with Macquarie harbour can be identified early in order to make it much easier for Remediation research and demonstration program to respond. The clear visibility helps in demonstrating that any proper decisions related with risk can be taken at earliest opportunity (Mor et al. 2015). It is identified that by using risk assessment method some changes are required in order to resolve the challenges associated with the harbour. By utilizing agile methodology, the changes within the harbour are generally accepted and therefore it is quite easier to make the necessary changes that are needed to order to make proper decision for resolving the challenges that are associated with pollution in Macquarie harbour (Duka2013). The cost or time that is required for completing the risk assessment procedure is predictable. It is identified that by using agile methodology both cost as well as time related with the project can be estimated very easily.
Agile Methodology in Macquarie Harbour Case Study
On the other hand, the case study “Risk Management and Evaluation in Project Life Circle Based on the Sodor Oil Terminal” utilizes PRINCE 2 methodology. The Sodor oil terminal organization faces number of risks that are associated with project specification, concept design, and initial project plan (Dishi, Xianggang and Shuobo 2017).The organization utilizes PRINCE 2 methodology for analyzing as well as determining the various types of risk that is associated with each of the phase of the project. The PRINCE2 methodology helps in managing the administrative function of the organization by arranging meeting, providing information to the employees as well as by making appropriate plans. The risks that are associated with the project are generally resolved by undertaking proper risk management analysis in controlling as well as monitoring the system (Joslin and Muller 2015).The project generally uses proper management technique such as scope change control, WBS, earned value methodology as well as data capture for monitoring as well as controlling projects so that they can be completed appropriately with proper constrain of time as well as cost. It is identified that with the help of the PRINCE2 methodology, the various types of risk management issues analysis in controlling as well as monitoring system is done. Risk management system generally involves various types of actions that include planning, assessment, handling as well as monitoring. It is identified that PRINCE 2 method helps in managing various types of risk that are related with the various phases of the project (De et al. 2015). Proper risk management strategy is generally established in order to settle various types of risk management issues. It is found that proper risk management strategy must be established properly for controlling as well as monitoring risks as they generally exist throughout the lifecycle of the project.
- Explanation of choosing Agile and PRINCE2 methodology
In the case study “Decision making processes in ecological risk assessment using copper pollution of Macquarie harbour from Mt. Lyell, Tasmania” agile methodology is generally selected due to number of reason. It is identified that agile methodology helps in early risk reduction and as a result the problems that are associated with harbour can be reduced easily (J. R. and R. F 2017). Agile methodology does not help in treating risk as one of the separate area that requires to be managed but it is considered as one of the risk management technique. By delivering appropriate decision, the remediation program helps in reducing risk that is associated with Macquarie harbour. The agile methodology generally focuses on the early stage of the risk and helps in managing appropriately (Matharu et al. 2015).Thus by providing proper management procedure the risk related with copper pollution can be managed appropriately. The agile methodology also helps in managing the risk by making appropriate quality of decisions. The agile methodology assists in giving quality based facility as both times as well as cost are fixed. Proper decisions are generally made by providing appropriate feedback due to the utilization of agile methodology. It also assists in providing proper information as well as technique that are helpful in making proper decisions in context to Macquarie harbour.
PRINCE2 Methodology in Sodor Oil Terminal Case Study
The case study “Risk Management and Evaluation in Project Life Circle Based on the Sodor Oil Terminal” utilizes PRINCE 2 methodology due to its number of features. It is identified that PRINCE2 methodology helps in avoiding confusion within the staff of the organization (Dishi, Xianggang and Shuobo, 2017). The problems that are associated with Sodor oil terminal project can be resolved easily properly if the confusion among the staff of the organization is less. The PRINCE2 methodology generally helps in ensuring that each member of the organization must have appropriate information so that the chances of risks minimize (Virk et al. 2013). PRINCE2 also helps in breaking the project the project into smaller activities so that they can be managed appropriately so that the risks that are related with the project minimizes. At the end of project stage, the project of Sodor terminal is reviewed properly in order to identify various types of risks. The problems that arise in each phase of the project can be managed properly with the help of the Project Manager. The problems are generally by providing appropriate strategies of risk management. The risks are generally associated with Sodar Terminal can be resolved easily with the utilization of PRINCE2 methodology (Nicholas and Steyn 2017). It is identified that PRINCE 2 methodology is also utilized in this project as it helps in reducing both costs as well as time. Any organization that implements PRINCE 2 methodology helps in saving time in recruiting as well as in providing proper training to the project managers. It is also found that the methodology of PRINCE2 does not require licensing fees and thus it is free to use.
Project Communication Channels
The case study of sodor terminal utilizes informal verbal communication channel in order to communicate properly with the project staff, government as well as clients so that various regulations, requirements and standards can be drawn easily by the government so that the staff of the organization must be able to understand the standards as well as various requirements of the client properly (Larson and Gray 2013). In order to resolve the challenges that are associated with the project of sodor Terminal, the supervisors of the project mainly utilizes modern technique of communication such as GPS as well as internet in order to gather proper information and for organizing electronic meetings frequently.
On the other hand, the case study of Macquarie harbour utilizes formal written as well as informal written channel of communication within the project in order to make appropriate decision on ecological risk assessment strategies so that the problem associated with copper pollution can be reduced easily (Crowston et al. 2016). Proper means of communication are generally utilized in order to analyze the risk earlier so that problems can e analyzed easily and can be resolved or minimized by using proper strategy. Informal written channel of communication is also utilized in order to communicate with the help of Emails.
Analysis of Key Success Factors and Challenges
Project Planning
In the case study of Macquarie harbour, the project plan 8ncludes certain characteristics. It is identified that the case study utilizes agile project plan which is totally feature based,. It is identified that the entire planning of the project is done based on the assumption of the project managers. The project plan of the case study is mainly organized into number of iterations by gathering requirements as well as performing analysis on the various risks as well as challenges associated with the harbour of Macquarie (Mansor et al. 2016). It is assumed that an agile project plan generally have various level of detail that mainly depends on number of time frame. The project plan which is developed in the case study is updated properly so that it can be communicated easily to the staff of the organization so that proper decision making procedure can be implemented.
On the other hand, it is identified that the case study of sodor oil Terminal uses proper planning method in order to identify various types of risks as well as challenges that are associated with the entire project of the oil terminal. Planning also helps in handling as well as monitoring the risks appropriately (Schwalbe 2015). The supervisor as well as the project manager generally engages in performing additional response planning for controlling various types of risk related with the organization. In order to control the risks, properly, re-planning is also needed so that the challenge that arises in various phases of the project can be managed appropriately.
Project Quality
The case study of Sodor oil terminal focuses on the quality in order to analyze as well as manage the products properly. After creating proper quality activities, both time as well as cost of the project is estimated. PRINCE 2 methodology that is utilized in this case study does not helps in allowing highest level of quality for the project but the quality that is required in the project for meeting the requirement must be provided (Walker 2015). The quality of the materials that are provided by the different subcontractors must review in order to provide proper quality.
On the other hand, the Macquarie harbour generally utilizes proper quality criteria in order to analyze the level of risk assessment. The quality of water generally reviewed with the help of the laboratory as well as field studies. The water quality distribution is generally utilized for comparing with the various data of the sites that are determined for algae and fish. Proper quality assurance is utilized that helps in checking the electronic transfer of information that is indicated safely (Yau and Murphy 2013). It is identified that proper quality management is generally utilized for managing the risk in order to achieve appropriate customer satisfaction.
Project Communication Channels
Project Risk
The case study of Sodor oil terminal utilizes proper risk management policies as well as strategies in order to resolve the risks that are associated with the activities of the project. Risks are generally managed with the utilization of proper strategies (Verzuh, 2015). The project generally utilizes risk management analysis for monitoring as well as controlling the risk associated with the system. The risk management procedure that is utilized have number of appropriate context including objectives, goals risk responses and more.
However, the case study of Macquarie harbour, undertakes an ecological risk assessment within the site for determining the concentration of pollution. It is identified that ecological risk are generally utilized for making proper decisions on the acceptability that is related with various activities of the industries (Khalid, Zahra and Khan 2014). The degree of overlap helps in determining the concentration of the risk in order to resolve them by making appropriate decision
Project Control and Tracking
In the case study of Macquarie harbour, the project is monitored as well as controlled properly. It is identified that proper monitoring as well as controlling helps in measuring the actual performance of the project against the plan. Project managers generally track factors like cost, time as well as quality.
On the other hand, the case study of Solod oil terminal, takes number of attempts in controlling as well as tracking the project. It is identified that project monitoring is done by utilizing some of the important techniques that include earned value methodology, work breakdown structure, scope change control as well as data capture (Dishi, Xianggang and Shuobo, 2017). This helps in monitoring as well as tracking the risks appropriately so that the risk related with the project can be resolved easily.
Project Change Management
In the case study of Sodor oil terminal, it is analyzed that in order to make required changes in the specification of the project, it is very much necessary to create an agreement with the help of the supervisor. The project generally does not make changes within the project without explaining properly to the various staffs (Nicholas and Steyn 2017). In order to control the risk related with the project, proper change control methodology or strategy is utilized. It is assumed that the various types of changes that are introduced in the project helps in repairing the initial plan of the project as input data.
On the other hand, the case study of Macquarie harbour utilizes change management with highest value story scheduling (J. R and R. F. 2017). This is considered as technically challenging in the earlier iterations. In this case study, change management challenges are not eliminated but they are managed with proper disciplined way.
Conclusion
It can be concluded from the entire assignment that both agile and PRINCE2 methodology has its own advantages as well as disadvantages. Both the methodologies are utilized in two different case studies in order to resolve the risk that occurs in the projects. It is identified that PRINCE2 methodology helps in tracking various types of risks as well as challenges in each of the activities of the project whereas with the help of the agile methodology the overall risk of the project are identified in the earlier stage so that it can be resolved easily. The paper provides proper explanation for election of the methodologies and also compares the two methodologies in context to project success.
References
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