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 |