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Projekto Biz | Project Management Methodologies

Projekto Biz | Project Management Methodologies

A project management methodology is essentially a set of guiding principles and processes for managing a project. Your choice of methodology defines how you work and communicate. According to the Project Management Institute (PMI), a methodology is defined as 'a system of practices, techniques, procedures, and rules used by those who work in a discipline. Lean practices, Kanban, and Six Sigma are project management methodologies examples. The most popular Project Management Methodologies are: Agile. Agile project management is well-named. ... Kanban. Although Kanban is technically an Agile framework, it is widely regarded as its own methodology. ... Lean. ... Waterfall. ... Six Sigma Selecting the Right Project Management Method thru: Project focus (e.g. task activities versus final product) Customer and stakeholder involvement. Industry. Flexibility of timeline. Allotted budget. Number and type of teams working on the project. Complexity of projects. Resources needed versus resources available Why is a Methodology used: In terms of resources, a methodology helps shorten the team's learning curve and, as it is used in projects, it is improved and transformed in line with the company's personal style. With an adapted and standardized focus, it is possible to lower implementation risks and improve the work Therefore, no matter what subject area you're working in, your methodology section will include the following: A recap of your research question(s) ... A description of your design or method. ... The background and rationale for your design choice. ... An evaluation of your choice of method, and a statement of its limitations
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