TaskIn topics 1 & 2 you have been introduced to various project methodologies and processes. In 1000 words, demonstrate your knowledge of these.Ensure you address the following areas:1. Define what a methodology( defination) is and the role it serves in project management.2. Familiarise yourselves with the various methodologies in the list below. Choose two methodologies( Give explantion of 2 methods separetly ) from this list to compare and contrast ( I want compare and contrast in table form), analysing the similarities and differences between them both.3. Finally, identify how your chosen methodologies and processes relate to the project life cycle (PLC):In 3rd point give brief explation of all 5 methods given below and then explain the 2 choosen methods and relate to plc.List of project methodologies and processes• Project Management Body of Knowledge (PMBOK)• PRINCE2• SDLC• Waterfall• AgileRationaleIn this assessment you will be covering the following learning outcomes as outlined in the MSI:• be able to identify, critically analyse, reflect on and synthesise the key elements of the IT project management framework, including project stakeholders, communication management, the project management knowledge areas, common tools and techniques, and project success factors;
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