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ALISON: Diploma in Project Management


Comments about Project management methodology - Project Management Methodology

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- Module: Project management methodology
- Topic: Project Management Methodology

Latest Comments

  • Ahmad Zeeshan Pakistan All the phases are very important
    2014-12-17 06:12:38

  • Kenneth Christmas Ghana which phase is very expensive?
    2014-12-09 21:12:54

    • Bureqa Ali United States of America Project set up and design
      2014-12-18 06:12:06
    • James Matipwiri Malawi Production phase
      2014-12-16 04:12:55
    • Western Tsogorani Netherlands Production from the graph, I think. But that depends on how well the investigation was done in the beginning.
      2014-12-14 12:12:43
    • Abdishukri Ahmed Somalia its amazing and very important
      2014-12-09 22:12:48
  • Kenneth Christmas Ghana all the phases are very important
    2014-12-09 21:12:03

  • Mohamed Yusuf Noor Somalia each phase is important but important on is monitoring and evaluation
    2014-12-08 09:12:00

  • Sandra Cane Other What does investigation phase do? Is it the RnD phase?
    2014-12-08 08:12:43

  • Dorcas Bore Kenya all the phases are very important so as to have a well done project.
    2014-12-07 17:12:10

  • INCREASE ONWACHUKWU Nigeria Each phase is important, but the first phase is the most important. It involves identifying a projecting and determining if it is worthwhile and seeking the best financing option. It therefore requires investment analysis and financial analysis. Investment analysis is carried to know if the project will be viable. This is done through various methods such as calculating the accounting rate of return (ARR), payback period, net present value method, internal rate of return etc. Using any of those methods, it is possible to determine the viability of the project before it is carried out. So investment analysis helps a project manager to carryout only projects that will be viable. Financial analysis is done to determine the best financing option for a project. The cost of each financing option is considered. This ensures that there is no mismatch of funds. Thus this stage is the most important because implementing a project without investment and financial analyses will may likely lead to both failure of the project and a mismatch is funds. Any mistake made in this phase will surely affect the rest stages adversely.
    2014-12-07 06:12:42

    • Sandra Cane Other Good points but how does it all relate to software project management?
      2014-12-08 08:12:47
  • Stephen Diya Nigeria All the phase are highly expensive but it only depends on how we view it, cos, if your investigation is not solid the project might not work well.
    2014-12-06 18:12:13

    • INCREASE ONWACHUKWU Nigeria Nigeria Each phase is important, but the first phase is the most important. It involves identifying a projecting and determining if it is worthwhile and seeking the best financing option. It therefore requires investment analysis and financial analysis. Investment analysis is carried to know if the project will be viable. This is done through various methods such as calculating the accounting rate of return (ARR), payback period, net present value method, internal rate of return etc. Using any of those methods, it is possible to determine the viability of the project before it is carried out. So investment analysis helps a project manager to carryout only projects that will be viable. Financial analysis is done to determine the best financing option for a project. The cost of each financing option is considered. This ensures that there is no mismatch of funds. Thus this stage is the most important because implementing a project without investment and financial analyses will may likely lead to both failure of the project and a mismatch is funds. Any mistake made in this phase will surely affect the rest stages adversely.
      2014-12-07 06:12:37
  • Stephen Diya Nigeria All the phase are highly expensive but it only depends on how we view it, cos, if your investigation is not solid the project might not work well.
    2014-12-06 18:12:57

  • Elisha Mehn Liberia I find this course very interesting, in fact, all phases are equally important as each depends on the other
    2014-12-05 19:12:46

  • Abdullah Mohammed Sudan planning and production is important phases in the project .
    2014-12-05 16:12:53

  • Virty Igbodika United States of America They are all equally important in my opinion.
    2014-12-04 12:12:51

  • Priscilla Alves Brazil The phases 2 and 3 require a lot of effort to do in order to define the product or service to delivery in the production phase.
    2014-12-03 18:12:08

  • Pyae Pyae Han Singapore As per graph, phase 1 is the least expensive one and phase 3 the most expensive stage compared to others. In order to control production costs, we should investigate the cheapest resources, stable and strong funds for the project and control high risk assessment for production and labor charges before going to production phase.
    2014-12-03 15:12:35

  • Kester Saturday Nigeria As regards the First Chart the Investigation(Phase 1) is least expensive compared to all the Phases.
    2014-12-02 13:12:11

  • PRAVEEN DESHMUKH India As per the graph , more efforts requires in production phase.One should be careful to track , whether the project is going in the same direction , to which it is designed for.-
    2014-12-02 10:12:29

  • Oyewole Shobande Nigeria Production phase is the most expensive while the investigation are the least,production phase is where the project capital goes down and its where you begin to see the meaningful of the projects.
    2014-11-29 12:11:30

  • Emmanuel Oboh Nigeria From the graph the production stage indicates the most expensive since this is where most of the activities is been carried out. The information gathered from the investigation stage, planning and design stage are put to work in the production stage. The investigation stage happens to be the least expensive as it is when board member and contractors come together to come up with ideas, research and plans.
    2014-11-28 15:11:03

  • Samson Tolu Nigeria Which particular phase of the project methodology is highly technical to handle
    2014-11-25 10:11:43

  • Samson Tolu Nigeria phase 3 is highly expensive (production) and is require more fund to get the project complete.
    2014-11-25 10:11:11

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