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What project management methods are there?

02/22/2024 | By: FDS

Project Management Methods

Project management methods are frameworks and approaches used to plan, execute, and complete projects. Various methods cater to different project requirements and organizational needs. Here are some widely recognized project management methods:

1. Waterfall Methodology

Overview: The Waterfall methodology follows a linear and sequential approach. Each phase of the project must be completed before moving on to the next.

Use Case: Best suited for projects with well-defined requirements and minimal expected changes during development.

2. Agile Methodology

Overview: Agile is an iterative and flexible approach that emphasizes collaboration, customer feedback, and adaptability to changes throughout the project lifecycle.

Use Case: Ideal for projects where requirements are expected to evolve, allowing for continuous improvement and frequent deliveries.

3. Scrum

Overview: Scrum is a subset of Agile that focuses on delivering a product incrementally in short, fixed-length iterations called sprints.

Use Case: Particularly effective for complex projects with rapidly changing requirements and a need for regular reviews and adjustments.

4. Kanban

Overview: Kanban is a visual project management method that emphasizes continuous delivery and encourages teams to pull work based on capacity.

Use Case: Suitable for projects with a steady flow of work and a need for real-time visibility into tasks and progress.

5. PRINCE2 (Projects IN Controlled Environments)

Overview: PRINCE2 is a structured project management method that divides projects into manageable stages with defined roles and responsibilities.

Use Case: Commonly used in government projects and industries with a focus on strict control and documentation.

These project management methods offer diverse approaches to handling projects, and the choice depends on factors such as project complexity, team dynamics, and organizational preferences.

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