The paper “ Hong Kong Natural Gas Pipeline Project Management” is an actual example of the case study on management. This portfolio includes three parts. The first part presents an overview of the PRINCE2 project management framework. The overview highlights the PRINCE2 project management framework’ s seven principles, seven themes, and seven processes. The second part presents a critical appraisal of five of the PMBOK knowledge areas which I consider to be the most important. These include project integration management, time management, cost management, quality management, and risk management. An indication of how these knowledge areas affect project management methodologies is also presented.
Finally, I present an analysis of the Hong Kong Natural Gas Pipeline project management case study. Notable successes in the case study include effective project planning, time management, cost management, and quality management. Finally, indications of the lessons that can be learned from the project are also presented. Overview of the Prince 2 Project management methodologyThe PRINCE2 project management methodology is a structured project management framework that was developed out of a consideration of experiences of project managers who oversaw various projects as well as from the contributions of various project sponsors, project management academicians, and consultants (Office of Government Commerce (OGC) 2009, 3).
PRINCE2 is a proven project management framework that is inherently generic. As a result, it can be applied to projects of different scales and types as well as across different organizations operating in various geographical and cultural backgrounds (OGC 2009, 4). The aim of adopting the PRINCE2 project management framework is to enhance the consistency and effectiveness of various project activities and processes (OGC 2009, 6). The PRINCE2 project management framework outlines various principles, themes, and processes that are aimed at addressing aspects such as project planning, execution, monitoring, and control (OGC 2009, 5). 1.1 The Principles of the PRINCE2 Project Management FrameworkPRINCE2 is based on seven universal principles that have been proven over time and which guide project management regardless of project size, type, or geographical area being covered as well as across different cultural backgrounds (OGC 2009, 11).
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Project Management Institute 2014, Hong Kong Natural Gas Pipeline Case Study. Viewed, April 29, 2015,
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Wilson, R 2015, Mastering Project Time Management, Cost Control, and Quality Management: Proven Methods for Controlling the Three Elements that Define Project Deliverables, FT Press, New Jersey.