To start off with a definition of a project which is a sequence of unique activities in which can be complex, connected, goal orientated and have a specified time plus budget (Wysocki 2007). Managing a project changes with the methodologies one employs as “Project management is the application of process, methods, knowledge, skills and experience to achieve project objectives (APM 2012pp.12)”. The process and methods differ slightly given the different methodological approach. There are tradition (linear), agile (iterative) and extreme project management methodologies.
Traditional project management (TPM) has been around much longer than any other approach and is a process in which has stages; generally one stage needs to be completed before the next one can begin. Wysocki (2007) defines traditional project management as “nothing more than organised common sense”. TPM is very straightforward in terms of planning and therefore progress can be measured with ease. It seems to be focused alongside the thinking of historic icons such as Taylor, Gant and Weber being very rational and predictable (Kliem, Ludin and Robertson 1997pp.11). The outcome of this over control, an over structuring attitude which brings an approach to project management that is inflexible, unresponsive and one with a lack of …show more content…
Which is why a robust approach to risk management is crucial for PM’s. Gustavson and Bridges (2014) provide a table with the 10 guidelines for a robust approach to risk management (appendix 4). These guidelines are extremely relevant and provide a framework to minimise, in not eliminate potential risk and generate a contingency