You’re likely to find thousands of project management methodologies available to choose from, but how do you know which is best for you and your team? Read this guide to popular methodologies to get a handy overview of what’s out there.
Once you decide which project management methodology you want to learn, the next step is to find the right training material for you. There are several project management methodologies. They each come with their own unique rules, lists, principles, and endless acronyms. And they often come with their own unique set of training materials.
What is a project management methodology?
A project management methodology is a framework that helps you to manage your project in the best way possible. Project management is so important to organizations and teams, but in order for it to be really effective, you need to make sure you’re correctly mapping your project management methodology to your team type, project, organization, and goals.
How do you choose the best for you?
There are many different project management methodologies. Some of the important considerations when choosing a project management methodology are:
- Project specifics
- Customer and shareholder involvement
- What Industry are you in?
- How flexible is your budget
- Number and type of teams working on the project
- Complexity of projects
- Resources needed versus resources available
- Scalability of project+
The list goes on and they will all be very specific to your needs.
So lets have a look at the main methodologies:
The Waterfall methodology is used by many large and small organizations alike for developing high-quality, mission-critical software. The predictability it provides allows the development team to plan far enough ahead to account for unforeseeable events, such as changing requirements or an extended bug fix cycle. The Waterfall methodology follows the adage to “measure twice, cut once.” The success of the Waterfall method depends on the amount and quality of the work done on the front end, documenting everything in advance, including the user interface, user stories, and all the features’ variations and outcomes. With the majority of the research done upfront, estimates of the time needed for each requirement are more accurate, and this can provide a more predictable release date.
The Agile methodology is a way to manage a project by breaking it up into several phases. It involves constant collaboration with stakeholders and continuous improvement at every stage. It’s a great way to manage projects, especially those involving several disciplines. Once the work begins, the team cycles through a process of planning, executing, and evaluating. Collaboration with stakeholders is crucial, both during the planning and implementation stages.
Scrum is an effective agile framework used in the development of software based on an iterative and incremental processes. It’s fast, flexible and adaptable. The primary objective of Scrum is to deliver value to the customer by creating an environment of transparency in communication, collective responsibility and continuous progress. It’s necessary to start from a general idea of what you want to build, in order to determine the characteristics (product backlog) that are most important for the business.
Kanban is a very popular Agile software development framework that promotes visual communication and transparency. It requires team members to have real-time access to capacity and work information. Work items are represented on a kanban board, which allows team members to see the status of every work item at any time.
Agile project management methodology that has Scrum’s nose, Kanban’s eyes, and scrumban’s heart. Instead of deciding what tasks to work on in each iteration at the outset (like you would in a “traditional” Scrum implementation), scrumban lets you pull tasks from the backlog based on your capacity, like you would with Kanban.
Adaptive project framework (APF) methodology
The adaptive project framework (APF) methodologies are used by companies who want to take an adaptive approach to managing their projects. The APF methodologies know that, as John Steinbeck would say, even the best-laid projects of mice and men sometimes go awry.
So, the fundamental attribute of APF is that teams need to be able to adaptively respond to change. In other words, the APF approach is all about anticipating the risk of change and preparing for the unexpected in their project. They must be able to re-evaluate their decisions and results constantly, because the components are always in flux.
Choosing the right project management methodology
The right project management methodology can elevate your project and help the project manager to get the best out of each team. Whether you like agile methods or more traditional waterfall project management methodology, or something in between, there’s a project management methodology for every team. You need a collaborative, flexible, and easy-to-use project management tool to support you every step of the way.
One suggestion worth checking out could be the Half Double Institute, a relative new comer to the Project Management methodologies.
Half Double is a project management approach based on actual human behavior, unpredictability and complexity. It has been tested and validated through numerous projects in various industries and been applied to a wide range of project types – and it works