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Unit 28 – Business Project Management

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The best methodologies, in my opinion, for the Project Stock would be Network Flow Diagram and Project Software. Using Network Flow Diagram will help ShoeRUs to visualize and understand how the project will work and proceed. This diagram will also display the link with all the components of the project. (Network Diagram, 2015) One more strength of this methodology is that the format of this diagram will make it easier to determine the flow of the project, where the current project is in its lifecycle and also link of activities taking place during the whole lifecycle. The main aim of this methodology is to enable to create a diagram for the project broken down into smaller tasks which are important for completing the whole project. Another methodology is the Project Software. There are a lot of strengths that comes with this type of methodology. One of its strengths is that it provides the company to evaluate the direction that the project is taking. It also helps the company to revisit every task in the project lifecycle. By doing this, the company will reduce the costs and the time that will take to finalize the project being developed. It also helps the company to build the project as expected. (Miranda Brookins, 2015) For the Project Moving House, I will choose the Budget Methodology and the Schedule Methodology. The Budget methodology will help the family to control the costs of moving their furniture and other personal belongings to their new house. By using this methodology, the family can plan the budget more accurately. By doing this, the family will know what are their costs that they will incur during the moving of their furniture and other belongings. Furthermore, it will help them in keeping track of the costs of every phase they take. Therefore, the actual costs can be tracked much

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