Prince2 The i Prince2 i project i management i methodology i stands i for i

Prince2 the i prince2 i project i management i

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Prince2 The iPrince2 iproject imanagement imethodology istands ifor iProjects iIN iControlled iEnvironments i(What iis iPRINCE2? i2012) iand iwas ideveloped iin i1989. iIt iis ithe iproject imanagement istandard ifor ithe iUK igovernment’s iinformation itechnology iprojects ithough iit iis inow iused iextensively iin iboth ithe ipublic iand iprivate isectors. iPrince2 iis idescribed ias ia istructured iproject imanagement iapproach iand icenters ion ieight icharacteristic itechniques ifor ithe isuccessful iadministration iand icontrol iof ia iproject i(Karamitsos, iApostolopoulos, i& iBugami, i2010). Six iSigma The iSix iSigma iproject imanagement imethodology iwas ideveloped iin ithe i1990s iby iMotorola, iInc., ia iworld ileader iin ithe itelecommunications iindustry. iThe iapproach iis ibest idescribed iby iresearchers ias i“a idata-driven istructured iproblem isolving imethodology ifor isolving ichronic iissues ifacing ibusiness” i(Joshi, i2012, ip. i2). iSix iSigma iis iknown iand iemployed iby iorganizations iaround ithe iglobe ibecause iof iits isuccess iin ihelping igain icompetitive iadvantage iwithin itheir iindustries. iThe iobjectives iof iSix iSigma iare iten-fold: ito iimprove icustomer isatisfaction, igain iprocess iknowledge, idefeat ireduction, iyield iimprovement, iobtain ihigher ioperating iincome, itarget iSix iSigma istandards, iimprove iprocess icapability, idefeat ithe icompetition, igain imarket ishare, iand iproduce icontinuous iimprovement i(Joshi, i2012). Systems iDevelopment iLife iCycle i(SDLC) With ithe iarrival iof icomputer iinformation isystems, iorganizations idiscovered ithe ineed ito imanage ithe isystems ithat icreated, istored, ior iutilized ithe iinformation ifor itheir ibusinesses. iWhile iinformation isystems iwere iin iplace ibefore imicrocomputers, ithe ivast iamount iof iinformation ithat icould ibe ihoused iwithin idatabases iand iservers iintroduced ia inew ifrontier ifor iproject imanagement iprofessionals. iSystems iDevelopment iLife iCycle, isometimes ireferred ito ias iSoftware iDevelopment iLife iCycle ior iSDLC, iis ithe i“process ithat iis ifollowed ito idefine ineeds, idesign ia isolution iand ithen ibuild ithe isolution” i(Bentley, i1990, ip. i13). iMost isystems idevelopment ilife icycle ifollow ifive iclear-cut iphases: i“planning iand iproblem iidentification, ianalysis, idesign, irealization, iand iuse iand imaintenance” i(Hedman i& iLind, i2009, ip. i105) iwhich iis imost ioften ireferred ito ias ithe iWaterfall imethod.
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Vishali Mehta | Student ID: 454304 Advantages iof ia iGood iProject iManagement iMethodology Reviewing ithe iliterature isupporting ithese iproject imanagement imethodologies, iit iis iclear ithat imethodologies ihave ibeen i
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