Project management methodologies

List of most popular project management methodologies

Methodology Description
Waterfall A linear, sequential approach for development that is recognized as a traditional sequential methodology
Agile Significantly different approach to project management facilitates continuous improvement and delivering better quality
Waterfall and agile hybrid Combines waterfall for planning and agile for execution, the benefits of both approaches may create a case for a hybrid project management methodology solution.
Critical path method (CPM) It is a step-by-step methodology used for projects with interdependent activities which maximizing project activities and finding the shortest path (timeline) to task and project success
Critical chain project management (CCPM) It focuses on the use of resources within a project instead of project activities means optimizing resource usage
Six Sigma Six Sigma was originally developed by Motorola for eliminating waste and improving processes and profitability
Scrum Scrum is part of the agile framework which is interactive in nature and Delivering higher quality
Lean development (LD) LD was originally designed by Toyota to Reduce waste while maximizing output and increasing stakeholder value
Lean Six Sigma It is a hybrid of Lean and Six Sigma focuses on the customer for improving business efficiency and effectiveness
Scrumban It provides product development and support teams with the best features from Scrum and Kanban. It is reducing waste, lead time, and turnaround time while delivering higher quality products and services
Kanban The activities are based on being able to visualize daily tasks, balance WIP and manage backlog. Kanban is customer-focused, fostering ongoing collaboration and continuous learning
Event chain methodology It is an additional option to CPM /CCPM. It has focus on identify, analyze and manage any potential risks as early as possible in the project life cycle
Extreme programming (XP) This methodology is intended to improve the quality and functionality of software as stakeholder needs change. Helps in improving the quality and responsiveness of software as stakeholder needs change
Crystal It an agile approach designed by IBM for improving project results by focusing efforts on the people-side of projects
Feature-driven development (FDD) It has been developed for larger-scale projects but applicable to projects of any size. It is Addressing the complexities larger projects might pose by developing fast, repeatable processes
Dynamic systems development method (DSDM) Developed as a way to align with companywide strategic goals. The costly implementations using DSDM makes it less suited to smaller businesses
Adaptive software development (ASD) This approach works to help teams become more agile when dealing with change and built on a three-phases (speculation, collaboration and learning).
Rapid application development (RAD) Focusing on user input based on testing and performance of product is compared to its intended goals
Rational unified process (RUP) It works well in software development projects and similar to Waterfall. The RUP has four iterative phases(inception, elaboration, construction, and transition). This simplifying product development while reducing risk
Spiral Spiral is divided into four stages(analysis, risk evaluation, execution and planning). This is providing a risk-driven process model for more efficient product development

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