Project Management Methodologies and Environmental Factors.
digitPro Magazine・10 minutes read
Traditional project management follows various phases like initiation, planning, executing, monitoring, and closing, while methodologies like Waterfall, stage gating, network diagrams, PERT, and PRINCE2 offer structured approaches for different project types. In contrast, Agile project management emphasizes human collaboration, flexibility, and adaptability, making it ideal for technology-driven and interactive projects.
Insights
- Traditional project management involves breaking down projects into manageable phases for control and performance improvement, while Agile project management emphasizes human collaboration, flexibility, and adaptability, making it suitable for technology-driven and interactive projects.
- Waterfall methodology is commonly used in large-scale software development projects, emphasizing a sequential approach from requirements to maintenance, while PRINCE2 is a structured approach requiring specific training for project managers in large-scale and complex projects.
Get key ideas from YouTube videos. It’s free
Recent questions
What are the key phases in traditional project management?
Initiation, planning, executing, monitoring, and closing.
What is the waterfall methodology used for?
Large-scale software development projects.
How does the stage gating model work in new product development?
It includes gates for decision-making at different stages.
What are network diagrams and PERT methodologies suitable for?
Complex projects like construction.
What is PRINCE2 used for?
Large-scale and complex projects.
Related videos
Max Mao
What is Project Management? | Explained in 10 Minutes
edureka!
What is Agile? | Agile Methodology | Agile Frameworks - Scrum, Kanban, Lean, XP, Crystal | Edureka
Intellipaat
What is Agile Methodology | What is Agile | Intellipaat
Simplilearn
🔥Project Management Full Course 2022 | Project Management Tutorial | Project Management| Simplilearn
Codex Community
Scrum in 20 mins... (with examples)
Summary
00:00
Comparing Traditional and Agile Project Management Methodologies
- Traditional project management methodology involves initiation, planning, executing, monitoring, and closing phases to break down projects into manageable phases for control and performance improvement.
- Waterfall methodology divides projects into requirements, design, implementation, testing, installation, and maintenance, commonly used in large-scale software development projects.
- Stage gating model for new product development includes gates for decision-making at different stages, allowing project continuation, termination, or revision.
- Network diagrams and PERT are methodologies suitable for complex projects like construction, emphasizing project completion once started, unlike stage gating's flexibility.
- PRINCE2, or Projects in Controlled Environments, is a structured approach requiring specific training for project managers, used in large-scale and complex projects.
- Agile project management contrasts traditional methods by focusing on human collaboration, flexibility, and adaptability, suitable for technology-driven and interactive projects.
