Create a 9 page essay paper that discusses Programme and strategic management.
In short, customization of methodologies is necessary for the successful completion of projects.
The usage of appropriate methodology would help the project manager to complete the projects in time. Moreover, it helps the project manager to reduce unnecessary costs and increase the profit earned from the project. Delay in the completion of the project would cause big loss to the company since the raw material prices may go up as time goes on. Proper methodologies would help the project manager to complete the project within the allocated budget. One of the major disadvantages of project management methodologies is the lack of innovation in methodologies. In other words, while sticking with a particular methodology, project managers may not get opportunities to explore new ways of completing the project in a more efficient manner.