Here is a list of project management frameworks, methods, philosophies, and systems, that project managers can apply to have a more systematic approach to managing projects.
Traditional project management (Waterfall):
This method is preferred when projects consist of many different levels or stages. In this case, projects are broken down into 5 actionable stages: initiate, plan, execute, monitor, and complete. A project must fully complete one stage before it can enter a new stage. This methodology is often applied when projects are very linear and not expected to significantly change or shift throughout the course of the project management process.
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Management concepts - traditional project management
The Critical Path Method (CPM):
In this method, each task is associated with a specific time duration. Necessary resources are then determined based on the time it takes to complete the project within that designated timeframe. The sum of all of your tasks is equal to your project’s end date.
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CPM method of project management
Agile:
Agile project management, originally used to improve software development, recognizes the importance of early customer feedback and the need for more rapid and numerous iterations during the initial stages.
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Six Sigma:
This is a disciplined, methodology that relies heavily on data rather than guesses and hunches, to reduce issues and defects throughout the course of the project management process. Quality management methods such as statistics, are used to create specific groups of people within the the organization. An individual may be designated the title of Champion or Black Belt, and are recognized as experts in those methods.
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Scrum:
Scrum is a well known Agile methodology with a very flexible structure. The Scrum methodology enables teams to work as a cohesive group to achieve results. Scrum is based on a real-world project approach to planning and scheduling.