Assess the importance of project management concepts within an organisational context

Individual Report: PMBoK versus PRINCE2 or Agile in contemporary projects
Individual/Group Individual
Length 1,200 words (+/- 10%)
Learning Outcomes The Subject Learning Outcomes demonstrated by successful completion of the task below include:
a) Assess the importance of project management concepts within an organisational context.
b) Compare and contrast project management methodologies and their application within global project contexts.
c) Identify and analyse the key processes of a project lifecycle.
Weighting 35%
Total Marks 100 marks
Task Summary
Following group discussions, individually write a 1,200-word report that discusses the strengths, weaknesses, similarities, and contrasts of PMBoK and PRINCE2 or Agile in contemporary projects.
Context
There are several project management methodologies and approaches that are used in contemporary project management. Among these are PMBoK, PRINCE2, Waterfall, Agile, Extreme Programming (XP), and Adaptive Project Framework (APF). Each of them has certain specific elements that proponents say make it easier to use, more applicable, more robust, or otherwise more appropriate for particular environments or circumstances. Whilst these methodologies are all valid and reliable tools for a project manager to use, it is important to be able to contrast them and to form a view of how they may best be used in a project. This analysis includes their usefulness, application in various types of projects, and how they view project risk. Such context can help project managers identify which methodologies/approaches may be best for specific projects.
Instructions
In this Assessment, you will write a 1,200-word (+/- 10%) report that considers the application of a project management methodology to a project as described in an assigned case study. In particular, you will review the assigned case study, then compare and contrast the application of the PMBoK project management approach to the highlighted project with your choice of one of the following methodologies/approaches:
a) PRINCE2, or
b) Agile
The report must use the following headings:

INTRODUCTION: Develop an introduction to PMBoK and the other methodology/approach you have selected (PRINCE2 or Agile) that includes their background and historical context (approximately 200 words)
SIMILARITIES AND DIFFERENCES: List 2–3 similarities and 2–3 differences between them and why these similarities and differences are relevant to the assigned case study (approximately 200 words combined)
RISK: How each method treats project risk and how these approaches to risk are relevant to the assigned case study (approximately 200 words)
PROJECT CONTEXT: The types of projects in which each is used (approximately 200 words)
LIFECYCLE IMPLICATIONS: How each differs across different phases of a project’s lifecycle (approximately 200 words)
APPLICATION: Explain which methodology you would choose to apply for the project in the assigned case study, and why (approximately 200 words)
Be sure to cite any source material, including learning resources or other academic or industry literature you research, used to inform your analysis.
You will need to consult the literature and use at least 6 references (and not more than 12 references) from academic and industry sources. The word count does not include the reference list. Each reference must be cited in-text in your report.
The assessment requires that you submit your report via Blackboard. You do not need to upload anything relating to your group discussions in Weeks 4 and 5.
Referencing
It is essential that you use appropriate APA style for citing and referencing research. Please see more information on referencing here: https://library.torrens.edu.au/academicskills/apa/tool
Submission Instructions
Submit this task via the Assessment 2 link in the main navigation menu in PROJ6000 – Principles of Project Management. The Learning Facilitator will provide feedback via the Grade Centre in the LMS portal. Feedback can be viewed in My Grades.
Academic Integrity Declaration
I declare that, except where I have referenced, the work I am submitting for this assessment task is my own work. I have read and am aware of Torrens University Australia Academic Integrity Policy and Procedure viewable online at: http://www.torrens.edu.au/policies-and-forms
I am aware that I need to keep a copy of all submitted material and their drafts, and I will do so accordingly.
Assessment Rubric
Assessment Attributes Fail
(Yet to achieve minimum standard) 0-49% Pass
(Functional)
50-64% Credit
(Proficient) 65-74% Distinction
(Advanced)
75-84% High Distinction
(Exceptional)
85-100%
Knowledge and understanding of project management methodologies and approaches
Demonstrates knowledge and understanding of PMBoK and either PRINCE2, and/or Agile
methodologies/approac hes
Percentage for this criterion = 30%
Demonstrates a limited understanding of project
management methodologies and approaches.
Key components of the assignment are not addressed.
Demonstrates a functional understanding of project management methodologies and approaches.
Often conflates/confuses assertion of personal opinion with information substantiated by evidence from the research/course materials.
Demonstrates a thorough knowledge or understanding of project
management methodologies and approaches.
Demonstrates a capacity to explain and apply relevant concepts.
Demonstrates a highly developed knowledge or understanding of project
management methodologies and approaches.
Demonstrates a capacity to explain in significant detail and thoughtfully apply relevant concepts.
Demonstrates a sophisticated
understanding of project
management methodologies and approaches.
Demonstrates an exceptional capacity to explain in substantial and relevant detail critical concepts and apply these concepts in a manner that makes strong connections.
Analysis and application with synthesis of new
knowledge
Compares and evaluates two project management methodologies/approac
hes
Percentage for this
criterion = 30%
Limited or no comparison and evaluation of project management methodologies/approache
s.
Limited
application/recommendat ions based upon analysis
of methodology similarities and differences. Demonstrated basic comparison and evaluation of project management methodologies/approaches.
Demonstrated basic application/recommendation s based upon analysis of methodology similarities and differences. Well-developed comparison and evaluation of project management methodologies/approaches.
Well-developed application/recommendatio ns based upon proficient analysis of methodology similarities and differences. Thoroughly developed and creative comparison and
evaluation of project management methodologies/approaches.
Thoroughly developed application/recommendatio ns based upon to analysis of methodology similarities and differences. Highly sophisticated and creative comparison and
evaluation of project management methodologies/approaches
.
Highly developed application/recommendati ons based upon to analysis of methodology similarities and differences.
Effective communication
(written)
Effectively presents two selected project management methodologies/approac hes and their
distinguishing/differing
elements
Limited ability to present information related to
two selected project management methodologies/approache s and their distinguishing elements.
Specialised language and terminology related to project management
methodologies/approache
s is rarely or inaccurately employed.
Presents in a basic manner information related to two selected project management methodologies/approaches and their distinguishing elements.
Occasionally employs specialised language and terminology related to project management methodologies/approaches with accuracy, with some inaccuracies.
Presents in a coherent and readable manner information related to two selected project management
methodologies/approaches and their distinguishing elements.
Accurately employs some specialised language and terminology related to project management methodologies/approaches.
Presents coherently and concisely information related to two selected project management methodologies/approaches and their distinguishing elements.
Accurately employs a wide range of specialised language and terminology
related to project management methodologies/approaches.
Communicates eloquently, coherently, concisely, and creatively information related to two selected project management methodologies/approaches and their distinguishing elements.
Discerningly selects and precisely employs a wide range of specialised language and terminology
related to project management methodologies/approaches
.
Percentage for this
criterion = 30%
Meaning is repeatedly obscured by errors in the communication of ideas, including errors in structure, sequence, spelling, grammar, punctuation, and/or the acknowledgment of sources. Meaning is sometimes difficult to follow.
Information; arguments and evidence are structured and sequenced in a way that is not always clear and logical.
Some errors are evident in spelling, grammar, and/or punctuation. Meaning is easy to follow. Information, arguments, and evidence are structured and sequenced in a way that is clear and logical.
Occasional minor errors
present in spelling, grammar, and/or punctuation. Engages audience interest. Information, arguments, and evidence are structured and sequenced in a way that is clear and persuasive.
Spelling, grammar, and punctuation are mostly free from errors.
Engages and sustains audience’s interest. Information, arguments, and evidence are insightful,
persuasive, and expertly
presented.
Spelling, grammar, and punctuation are free from errors.
Correct citation of key
resources and evidence
Percentage for this
criterion = 10%
Demonstrates inconsistent use of good quality, credible, and relevant resources to support and develop ideas.
Less than six references employed.
Referencing is omitted or does not resemble APA.
Demonstrates use of credible and relevant resources to support and develop ideas, but these are not always explicit or well developed.
Referencing resembles APA with frequent or repeated errors.
Demonstrates use of credible resources to support and develop ideas.
Referencing resembles APA with occasional errors.
Demonstrates use of good quality, credible, and relevant resources to support and develop arguments and statements.
APA referencing is free from errors.
Demonstrates use of highquality, credible, and relevant resources to support and develop arguments and position statements.
APA referencing is free from errors.
The following Subject Learning Outcomes are addressed in this assessment
SLO a) Assess the importance of project management concepts within an organisational context.
SLO b) Compare and contrast project management methodologies and their application within global project contexts.
SLO c) Identify and analyse the key processes of a project lifecycle