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Group Component:

1. Comparative Analysis:

S. N CRITERIA PMBOK PRINCE2 AGILE


1. Description PMBOK, which stands for PRINCE2 is a method The agile
"Project Management Body strategy for efficient approach is a
of Knowledge," is a project management style of project
comprehensive set of that will teach you the management that
methods, best practices, fundamentals of project divides a project
terminology, and principles management. It is a into phases. This
that are acknowledged as term that stands for necessitates
industry standards in the PROjects IN ongoing
project management Controlled engagement with
business. Businesses value Environments and is stakeholders and
PMBOK because it helps utilized and recognized continual
them standardize the globally. development at
functioning of many all stages. Once
departments, adjust PRINCE2 is highly work begins,
procedures to fit individual scalable, and the most groups go
demands, and reduce project recent framework through
failures. upgrade allows it to be the executing,
readily modified planning and
for any project you reviewing
undertake. process.
Ongoing
cooperation with
teammates and
project
stakeholders is
vital.
2. Approach The PMBOK is a PRINCE2 is a method It is more of a
knowledge-based method. of project management people-based
that is based on method than a
processes. process-based
one.
3. Principles There are no explicit This style is built on Agile has 12
management principles for the seventh principle, principle which
project success in the which serves as the helps to succeed
PMBOK. foundation for this in the project.
release process.
4. Project Size It is smaller in size. It is larger in size. Small projects
that can scale up
with the help of
many AGILE
teams
5. PM Role PM focuses in particular in PM focuses on the Any agile
the PMBOK on responsibilities of the approach
interpersonal project management specified his role
communication and project team. in the
manager roles. development of
the project.

https://www.wrike.com/project-management-guide/faq/what-is-agile-methodology-
in-project-management/
https://www.prince2.com/uk/what-is-prince2

( https://project-management knowledge.com/definitions/r/reporting-systems/ )

(https://www.teamgantt.com/what-is-a-gantt-chart)

https://monday.com/blog/project-management/cost-estimation-in-project-management/

https://www.projectmanager.com/blog/cost-estimation-for-projects
https://www.pmi.org/learning/library/motivation-increase-project-team-performance-7234

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