Project management methodologies are structured approaches or frameworks that provide guidelines and best practices for managing projects. These methodologies offer a set of processes, tools, and techniques to initiate, plan, execute, control, and close projects.
Examples:
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Waterfall Methodology: This follows a sequential, linear approach to project management. It consists of distinct phases such as requirements gathering, design, development, testing, deployment, and maintenance. Each phase is completed before moving on to the next.
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Agile Methodology: Agile methodologies, including Scrum, Kanban, and Lean, are iterative and flexible approaches. They emphasize collaboration with users, adaptive planning, and continual delivery of end-user value.
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Lean: Lean project management is derived from lean manufacturing principles and aims to eliminate waste, increase value, and optimize processes. It emphasizes the efficient use of resources, reducing non-value-added activities, and continuous improvement.
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Prince2 (Projects in Controlled Environments): Prince2 is a process-based methodology widely used in the United Kingdom and internationally. It provides a structured approach to project management, focusing on defined roles and responsibilities, formal documentation, and controlled project stages. Prince2 offers clear governance, risk management, and a focus on business justification.
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PMBOK (Project Management Body of Knowledge): PMBOK is a comprehensive standard published by the Project Management Institute (PMI). It outlines a set of best practices, knowledge areas, and processes that cover the entire project management lifecycle.