this is a report.

ASSESSMENT 2 BRIEF Subject Code and Title PROJGODO: Principles of Project Management Assessment Assessment 2 - lndivid ual Report: PMBoK versus PRINCEZ or Agile in contemporary projects Individual/Group Length 1,200 words (11- 10%) Learning Outco mes 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. Compare and contrast project management methodologies and their application within global project contexts. Identify and analyse the key processes of a project Iifecycle. Submission Due by 11:55pm AEST/AEDT Sunday end of Module 3.2 Weighting Total Marks Task Summary Following group discussions, individually write a 1,200-word report that discusses the strengths, weaknesses, similarities, and contrasts of PMBoK and PRINCEZ or Agile in contemporary projects. Content There are several project management methodologies and approaches that are used in contemporary project management. Among these are PM BoK, PRINCEZ, 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 specic projects