What is Project Management Methodologies and Type

  1. project management methodologies

Project Management

Project management is the activity of planning, controlling, and organizing processes and protocols to achieve particular goals in scientific technological or daily troubles. The main challenge of project management is to achieve all of the project destinations and objectives while the conceived restraints. The secondary and more challenging challenge is to optimize the allotment of necessity inputs and incorporate them to assemble determine objectives.

Project management methodologies:

The “Project Management Methodologies” was defined in early 1960’s when various business organizations started to look for efficient ways that could alter the recognition of business benefits and organize the work into a structured and unparalleled entity.

Some of these very popular project management methodologies:

Agile:

This method attempts to provide speedy, un-interrupted delivery of product to the customer. Whereas conventional methodologies such as the “Water fall method” or other additive processes require elaborate demands that are defined in the origin where the end product is like what defined in the source. With agile there is no clearly defined end product at the gusset. In agile there is still a checked prioritization process, but the non-static demands, tractability, fixed change, and regular communication approach this as component of the culture and procedure.

Water fall model:

Water fall model methodology is one of that is most used across all industries, and it is very common in software development and structure. In this model includes various phases:

  1. Requirements specification
  2. Design
  3. Construction
  4. Installation
  5. Maintenance

RAD(Rapid Applications Development):

This has a cycle of models then images again and again in the process. Mostly used in software development, RAD calls for the interactive use of integrated techniques and modeling to determine user’s demands and design the final system.

NPI(New Product Introduction):

NPI is not really a full project management methodology, because it does not admit all the needed project management steps that are needed for project success. But still is the process that many organizations follow for product related projects.

PER(Packaged enable re-engineering):

Not normally referenced methodology, but one deserving nothing because of its familiarity in the service and business conventional approach to project management.

Six Sigma:

The idea was to improve processes by eliminating defects which are defined as “nonconformity of a product or service to its specifications”.

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