How to pick the best project management methodology for success
Choosing the right project management methodology is critical to your team’s ability to succeed, delivering the project on time and on budget. From Waterfall to Agile, or even Kanban, there are a large variety of project management methodologies and practices that can be utilized to maximize success.
In this complete overview of project management methodologies, discover the steps needed to select the right PM method for your project needs. Find lists of project management software included in each PM methodology and the advantages of implementing them to manage your projects in your organization and establish goals.
There are some major consequences of deciding on an organizational project management method. One is that it provides consistent guidelines for teams to utilize in order to handle the critical factors involved in the project including resources, budget, team members, timelines, and stakeholder. Although there is no perfect way to manage a project, by assessing the type of projects that you are managing, along with the needs and target architecture, you can efficiently select a methodology that will meet your project’s needs. Though one may end up in a situation where you end up committing to a particular methodology just because it’s more manageable for your particular teams. That being said, remember that the specific needs of your project and the personal eccentricities of your teams will inevitably precipitate a more individualized process. Incidentally, as project management strategies are decided on a per-needs basis, it’s not unusual for different projects in the same company to utilize different strategies.
Choosing the right project management technique for the team is the first and most important step to success, But with many differences between the various techniques/strategies and some cases, conflicting ideas on how to handle particular facets of development, how can you decide method is best suited for your organization?, Choosing the correct project management methodology is essential; with Aleph Technologies you can evaluate project management methodologies to ensure perfect fit for your next project and execute a successful project.
In addition to the methodologies mentioned above, there are other project management methods to consider, event chain methodology (ECM), feature driven development (FDD), dynamic system developments (DSDM), adaptive software developments, rational unified process (RUP), lean development (LD), and others. It bears repeating that there is no one solution for all use cases, even in the same organization. PM experience is paramount, and it’s largely dependent on a project manager’s knowledge and intuition to decide what the right tool is for each job, in order to facilitate productivity for the developers and meet the customer’s expectations. Once you’ve identified what the needs and intricacies of the project are, and how best to accommodate them, you’re in a good place to decide on a project management methodology. Here are some general steps to help you decide on one.
Key considerations in choosing a project management methodology:-
When evaluating methodologies, here are just a few factors that should be carefully considered:
- Organizational strategic goals and core values.
- Key business drivers.
- Project size and cost.
- Allotted budget.
- Number and type of teams working on the project.
- Complexity of projects.
- Resources needed versus resources available.
- Scalability of project.
- Resistance to change.
- Rigidity of structure.
- Specialization of roles.
- Set start and end dates.
- Project focuses (e.g. task activities versus final product).
- Customer and stakeholder involvement.
- Flexibility of timeline.
Some of the Methodologies are mostly popular are:
The most common and most well known methodology; Agile is a customer focused project management methodology that places a large amount of importance on people and software rather than strict processes and documentation procedures. The objective of Agile is to be able to release new iterations frequently and in accordance with changing customer needs or project conditions.
Coming from one of Japan’s most powerful and famous production innovators, Kanban is about visualizing work flow and processes. This can be through writing materials or online project managements software. It focuses on easy and transparent recognition of group needs through great communication.
With multi-functional team and cross-collaboration, Scrum is a another methodology designed for the world of software developments. which uses small teams (less than 10 members) to work towards short term goals in “Sprints”. These directed by a Scrum Master and teams work in accordance with their respective roles and regulations decided on based on client needs. They are responsible for their daily meetings, stand-up meetings , as well asquick and regular progress updates.
For teams which work best with project management methods based on clearly planned outlines then Waterfall is excellent. The project lifecycle and its different phases are planned out like a waterfall, with each phase allowing the next one to start immediately after the prior and move the process to the next level. It outlines phases/stages as having met certain requirements by a certain time, and as a consequence of that it lacks some of the flexibility that other methodologies offer.
There are some more popular project management methodologies out there.
With so many different project management methodologies to choose from it can be very difficult to find the right one for you. Though we have given you a brief summary of the main ones here it is a good idea to look further into each particular methodology that appeals to you. For more detailed instruction or certification in any of these techniques/methodologies, you can visit us at Aleph-Technologies.
The biggest risk factor are likely to fall within organization capabilities and readiness any other criteria mentioned previously, can create problems if they are in failing of a key project requirement. Project management methodologies are definitely not one-size-fits-all, even in the same company, project type, or industry. In one particular use case, a specific methodology may work perfectly, and in others, it is more efficient to use a different project management methodology or even a high end hybrid approach. Sometimes the same methodology is unlikely to work in the same organization on different projects; the best practice is to develop and execute a streamlined methodology assessment process (MAP) to manage the best approach for each project. Always remember, this process itself requires and precipitates change, and may ultimately end up changing how you run your company.