Project Management Methodology
Project management methodology is all about planning where you want to go and mapping how to get there faster and cheaper. When an organization has implemented a project management methodology, it is very important that a project roadmap is shared and visible to all users. The roadmap will escort the process, supply real time data leading the project through its relevant stages.
Project Management Life Cycle
Project Management Life Cycle includes four phases:
- Initiation Phase- Starting the project, get documentations, gathering the team, define the processes and find physical room
- Planning Phase- Set up roadmap for the project based on resources, tasks, financial, and communication
- Execution Phase- control deliveries, make corrections, get project reports and dashboards
- Closure Phase- releasing staff, give deliverable to customer, make a post project review and get new insight for the future
Project Management Methodologies for Professional PM
- MPMM Project Management Methodology
Used in more than 50 countries around the globe, based on industry standards for project management and used by professional Project Managers. The MPMM project methodology includes principals and methods taken from the PMBOX methodology and also on Prince2 project methodology. - Prince2 Project Management Methodology
PRINCE2 (PRojects IN Controlled Environments) is a process-based method for effective project management. The prince 2 methodology is based on the UK Government industry standards for the private sector and help professional PM effectively manage their projects.
The key features of PRINCE2 are:- Organization structure for the project management team
- Planning approach
- Manageable and controllable stages
- Disasters and crises control mechanisms
- PMI’s Project Management Methodology
Developed for global application by relief agencies, non-governmental organizations (NGOs) and/or governments following a major disaster. PMI's project management methodology meant to enhance collaboration and consistency between stakeholders, as well as quality and accountability for delivery results and maintain a successful project with business aspects.
PMI for professional PM is also known with its Project Management Methodology for Post Disaster Reconstruction, a crucial element in running a long term project with multi players in diverse locations. - SDLC- The systems development life cycle
The systems development life cycle (SDLC) describes the stages involved in a project. Several models are combined into some sort of hybrid methodology include: the waterfall model; rapid application development (RAD); ; the fountain model; build and fix; and synchronize-and-stabilize.
Clarizen, project management software includes hybrid project management methodologies that are used by professional PM as well as non-professional users. Clarizen is used with great success and satisfaction across hundreds of organizations managing projects of all sizes, ranging from information technology to restructuring to marketing.