Project Management Methods
There are different ways to plan, carry out, watch, and control projects. Some of the most common ways to do this are:
Waterfall is a standard way for managing projects with well-defined objectives and a set scale. It takes a step-by-step, straight method, where each step is finished before going on to the next step.
Agile is a flexible, iterative project management method that is used for projects with changing needs and a dynamic scale. It puts an emphasis on working together, being flexible, and always getting better. The job is broken up into small, doable pieces, or versions.
Scrum is a popular Agile method that uses a team of people with different skills to finish a job in short steps called sprints. It focuses on teamwork, openness, and constant feedback to make sure that high-quality goods are made.
Kanban is an Agile way for managing the flow of work through a project by using a visual board. It focuses on ongoing release, reducing the amount of work in progress, and putting the most effort into the most important jobs.
Lean is a way to run a project that focuses on giving the customer the most value while reducing waste. It focuses on ongoing growth, getting rid of activities that don’t add value, and optimising processes.
PRINCE2 is a way for managing projects that is organised and focuses on the business case, quality, risk, and managing change. It gives a structure for planning, starting, keeping track of, and managing tasks.
PMI/PMBOK: This is a well-known project management method based on the Project Management Institute’s (PMI) Project Management Body of Knowledge. (PMBOK). It gives a complete plan for managing projects, with information areas like scope, time, money, quality, risk, and partner management.
Each of these ways to handle a project has its own pros and cons and works best for different kinds of tasks. It is important for project managers to choose the right way based on the needs, size, and difficulty of the project.