Project management can be defined as a method for developing structure in a complex project, where the independent variables of time, cost, resources, and human behaviour come together. Each project manager follows a methodology to accomplish difficult projects. As is generally said, ” Project management is like science”. Thus, project managers are like scientists, who try out different methods by trial to conclude various projects.
So, which one should you choose?
- There are many methodologies to choose over, each with their own set of rules, principles, processes, and practices. Which methodology you should implement depends completely on the sort of project you will project. The point of choosing a project management methodology is to maximize the use of resources and time.
- One thing to remember is that while there are a number of methodologies to choose from, there is no such thing as the ‘right’ methodology. Which means, there won’t be the one methodology that is perfect to use for each and every project. Projects vary in scope and requirements, which means the correct methodology to implement will likewise differ. Presently, how about we look at some of the more famous methodologies, and do our very own undertaking the board procedures examination.
- In case you’re a bootstrapped start-up, this may be for you. This method focuses on achieving more with less, as the name proposes: remove pointless steps, deliverables, resources, and budget, and deliver a useful product in a more economical way.
- Initially from the Japanese manufacturing industry, Lean works towards a state of a state where waste is eliminated and quality develops while generation time and cost are reduced.
This is one of the more process-based project authority methods. Created by the UK government it looks to make results easily relevant across multiple projects, understandable if you are building hundreds of similar schools or social lodging projects every year. Prince2 is helpful for clearly defining all aspects of large projects, for example, the client needs, project justification, milestones, and deliverables, all on a reasonable course of events. It isn’t always the most flexible however as project changes can need various sign-offs and justifications.
Common in software development, Agile is a customer-focused project the management methodology that places a large of an emphasis on people and software rather than severe processes and documentation methodology. The goal of Agile is to be able to iterate and manoeuvre in line with changing customer needs or project circumstances.
Critical Path Method
The Critical Path Method (CPM) has been around for the greater half a century and could be considered the opposite of Agile. It defines the pathway of important tasks that need to be completed in order to achieve project success. This allows project managers to identify and give necessary resources at the appropriate times to ensure punctuality of deliverables and development of the project course of events.
Coming from a standout amongst Japan’s most famous production leaders, Toyota, Kanban is all about visualizing workflows and processes. This can be through written materials or online project executive software. Its focus is on easy and transparent recognition of team needs through basic communication.
With an emphasis on multifunctional teams and cross-cooperation, Scrum was another methodology designed for the world of software development. A relatively small team will work towards short term goals in ” Sprints “. These are directed by a Scrum Master in accordance with customer guides. They are outstanding for their daily, stand-up Scrum meetings for quick and regular development updates.
- For teams which work best with project management methods based on clearly planned outlines then Waterfall is excellent. The project lifecycle and its different stages are planned out like a waterfall, with the results of one phase flowing down to allow the next one to start and continue the process. It works well as each stage and related objectives are clear to the whole team and everybody is working in the same direction, however, it can be inflexible when managing real changes late on in the project.
- With so many different project management methodologies to choose it can be very difficult to find the correct one for you. Though we have given you a brief run through of the main ones here it is a good idea to explore each one that you feel may be suitable on a deeper level. Whichever one of these project management methods you pick it will be the ability to implement its requirements that will define its success.
While it’s important to have a solid understanding of the many different ways to operate a project, you don’t need to feel as if you’re fastened to a single way for working. Actually, it’s important to remember that you have to do what works for your team, your customers and the project itself.
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