Project Administration Methodology

The key thing the project manager and other stakeholders will look out for is scope creep during project monitoring. While changes in scope happen, they should be formally documented through a change control process. For Waterfall projects, the project execution phase is all about following the project schedule and putting into action what was agreed on in the planning phase. Each sprint informs what will be delivered next, edging the project closer to the end goal.

Agile is an approach to project management that is built on small, incremental steps. It’s designed to be able to pivot and incorporate changes smoothly, making it popular among projects where unknowns and new developments are common. Waterfall is often called the “traditional” project management approach. In traditional approaches, projects are completed one stage at a time and in sequential order—like a waterfall would flow down a collection of rocks. A project management approach is a philosophy or set of principles that describe the way a project is tackled. A methodology on the other hand is the actual set of rules and practices used to implement an approach.

What is project management methodology?

The Lean methodology focuses on maximizing value by reducing waste and improving efficiency. It’s another method that came from Toyota and has expanded in popularity well beyond manufacturing. Though Scrum is a type of Agile project management, Scrum came before Agile. The founders of Scrum developed the framework in the early 1990s, and were among the signers of the Agile manifesto in 2001. Lean is easy to follow if you work in a manufacturing or production environment delivering a physical product, such as a Toyota car. Unfortunately, Lean is an old-school methodology that’s not as relevant teams working digitally.
project administration methodology
Whether that’s happiness with the product or happiness in life, I’ll let you decide. Essentially, you take your deliverables — or the items you want this project to produce — and use those to create a detailed and accurate project schedule. The underlying idea behind event chain methodology is that potential risks often lie outside the project’s scope. It’s essential to prepare for these risks and plan your response since unexpected events will impact your project’s schedule, deliverables, and potentially its success. Before we begin, you can unlock a free trial with Wrike right now to try out our powerful features, collaborate with colleagues in real time, and streamline all your projects in one platform.

Project management institute’s PMBOK® Guide

The Waterfall method, first designed by Winston W. Royce in 1970 for software development, is a traditional approach to project management. With the Waterfall methodology, a project flows through a series of steps or phases. Generally, each phase of the project life cycle must be completed before the next can begin.

A team may require XPM if their project is fast-paced or is regularly subject to change. Given the dynamic and uncertain nature of the project involved, plans are not a part of XPM and instead project team members can contribute their input or expertise during various stages of the project. Now that you’ve been introduced to the various methodologies, the next step is to understand each phase of the project life cycle, so you can start planning your project from start to finish.

Within each approach, you can choose a methodology that provides the features your project or team needs. Like the waterfall model, DSDM sets constraints for requirements, costs and time at the beginning of a project. Like agile, it then uses timeboxing, as with scrum sprints, to complete the project incrementally with regular feedback and iteration. Along with implementing a work breakdown structure like CPM, CCPM includes specific time requirements for each task. This helps take task tracking one step further, making it clear when tasks are going over their allotted time. It also uses resource leveling which aims to resolve large workloads by distributing work across available resources.
project administration methodology
Next, we have the project management methods that practically veer into business process management (BPM), where each approach focuses on work as a collection of processes. While project management purists may argue that these methods belong on a different list, we think these are still good ways to plan and execute a project. APF begins with a requirements breakdown structure (RBS) to define strategic project goals based on product requirements, functions, sub-functions, and features. The project proceeds in iterative stages, and at the end of each step, teams evaluate previous results to improve performance and practices. Stakeholders can also change the project’s scope at the start of each stage so the team can produce the most business value.
project administration methodology
The PRiSM method is primarily used for large real estate development, construction, or infrastructure projects. While CPM is built upon task order and resources, Critical Chain Method (CCM) extends this project management strategy to factor in resource availability. CCM develops a hierarchy of activities and work streams based on access to resources.

  • The best agile project management software should go hand-in-hand with the Agile method and make these adaptations smooth, fast, and easy.
  • Given the dynamic and uncertain nature of the project involved, plans are not a part of XPM and instead project team members can contribute their input or expertise during various stages of the project.
  • Aside from understanding the pros and cons of each methodology, you can use these four factors to help you decide on your ideal approach.
  • The level one project or parent objective could be to “launch new mobile app.” The primary level two dependencies would be to create the database, develop the back-end logic and design the user interface.
  • Not only does this ensure that work stays on track, but it also fosters clear communication throughout the process.
  • The team plans the goals of the sprint and agrees on deliverables to complete in that period.

It is also the most widely practiced project management methodology in the world, which means that a lot of people are familiar with it, know how it works, and understand its terminology. We started outlining Agile in a section above, but let’s get deeper into this method. Agile is an umbrella term that encompasses 9 best practices for managing large it projects several different project management frameworks, such as Scrum, but it’s worth mentioning a few more details here. When it comes to choosing the best course of action for your team members, it’s best to start with a baseline understanding of both project methodologies and their respective frameworks.

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