Approaching and managing delivery of a project using Project Management methodologies

Abstract

This paper aims to analyze the need of use of project management in an organization. The paper in briefly discusses the
role of project manager, Benefits of Project Management Methodologies to project and organization, benefits and limitations of
project management methodologies and adopting project management methodologies. In recent time, numbers of methodologies
have been developed providing guiding processes to organization for example Prince2, Agile, Waterfall, PER and many more. An
organization adopts project management methodology depending on its size and nature, and the complexities of the projects.
Adopting a more flexible project management methodology developed as per the specifications of nature of the projects increase
possibilities for successful delivery of projects. Project Management is important for several reasons: Organizing Chaos,
Managing Risk, Managing Quality, Managing Integration, Managing Change, Clearing Issues, Retailing and Using Knowledge
and Learning from Failure.