However, unlike project management methodologies it is neither too detailed nor too rigid. Frameworks guide projects to their goal while being flexible enough to adapt to evolving conditions. Change management is an umbrella term for techniques that help individuals, teams, and organizations implement new processes or achieve organizational change. In this section, we’ll cover event chain and extreme project management. A project management approach called lean focuses on efficiency or getting more done with fewer resources. It determines the value and then works to maximize it through waste reduction and ongoing development.

Project management methodologies

This is a nonprofit organization which offers certification for project managers who master methodologies like PMBOK. The common stages set by the PMI for PMBOK are initiation, planning, execution, monitoring and closing the project. The agile framework that is the Scrum methodology is great for smaller teams. Aside from sprints, Scrum project management makes use of other protocols, like daily Scrums, or stand-up meetings, and sprint retrospectives.

The Project Management Process

The WBS project management technique is therefore best for larger, more complex projects that need to be broken down into smaller parts. This is because complex projects typically have many dependencies and subtasks, and WBS is great at identifying and planning for them. The eXtreme Programming (XP) methodology is another form of agile project management that was designed for software development. Scrumban is a hybrid agile project management methodology that has scrum’s nose and kanban’s eyes. This organization produces a book called the “Project Management Body of Knowledge” or PMBOK.

Project management methodologies

When choosing a project management methodology, it helps to start from the end. You need to know exactly what the final deliverable should look like and what you’ll need to get it done. Critical Chain PM is one of the newer project management methodologies out there. It was developed as an alternative to the Critical Path method with a focus on resource management. Kanban is best for teams who want to visualize a project from start to finish.

Hybrid Project Management- Agile Waterfall Methodology Combined

It is a theory that success depends mostly on persistent efforts to provide predictable, steady results. To maintain quality in a project, the entire company must contribute, starting at the top. With the addition of cards to represent project phases, task deadlines, individuals, ideas, and more, almost anybody can plan using Kanban boards. Think of it more as a structure than as a project management strategy in and of itself. In Scrum, work is split into short intervals known as “sprints,” which usually last between one and two weeks.

This schedule can ensure there are free periods of time in between the execution of critical tasks to meet all deadlines effectively. It focuses on identifying the longest sequence of dependent activities, known as the critical path. Doing this helps to find activities that are critical to its timely completion. No matter which project management methodologies you apply, you’ll be managing myriad risks, resources and people. Your project management education and training can help you manage and overcome the challenges and obstacles you face while shepherding a project from start to finish.

Types of project management methodologies and frameworks

The Scrum approach is best for highly experienced, disciplined, and motivated project teams who can set their own priorities and understand project requirements clearly. It works for large projects but fails if the project team itself is very large. The Scrum approach places the project team front and center of the project. This makes it ideal for highly focused and skilled teams, but not so much for others.

Project management methodologies

The Waterfall method provides a clear plan from the start and identifies dependencies before the project begins. However, it’s a rigid technique that may prove challenging if your project scope or objectives change over time. A formal project courses for project manager management methodology is a technique that is based on simple and traditional project management. This entails being clear about planning, scope, milestones and goals, as well as what materials, labor and timeframes are required.

Project management methodologies