Project Management Methodologies
Gary D. Rice
Webster University
Abstract
In Business, project management is used regularly to accomplish unique outcomes with limited resources under critical time constraints. There has been a rapid increase in the number of firms that use project management methodologies as the preferred way of accomplishing almost every business undertaking. There are a number of approaches to managing project activities and in project management these approaches are referred to as methodologies. This paper attempts to explore the many different methodologies in project management and allow the reader to determine the best approach for their organization.
Project Management Methodologies
What is a methodology? A methodology is a set of guidelines of principles that can be tailored and applied to a specific situation. In a project environment, these guidelines might be a list of things to do. A methodology could also be a specific approach, templates, forms, and even checklists used over the project life cycle.
Agile Software Development
Agile software development is a conceptual framework for undertaking software engineering projects. There are a number of agile software development methodologies such as Crystal Methods, Dynamic Systems Development Model (DSDM), Extreme Programming (XP), Rapid Product Development, Lean Development, and Scrum. It should be noted the Agile PM is not one set method, but a family of methods designed to respond to the challenges of unpredictable projects. While each of these methods has unique elements and applications, most are based on the following Agile principles: • Focus on customer value – Employ business-driven prioritizations of requirements and features. • Iterative and incremental delivery – Create a flow of value to customers by “chunking” project delivery into small, functioning increments. •
References: Alexandrou, M. (2010). Mariosalexandrou.com/web strategist & project manager. Retrieved from http://www.mariosalexandrou.com/ Charvat, J. (2003). Project management methodologies selecting, implementing, and supporting methodologies and processes for projects. Hoboken, NY: John Wiley & Sons, Inc. Larson, E.W., & Gray, C.F. (2010). Project management: the managerial process. New York, NY: McGraw-Hill Irwin. Meredith, J.R., & Mantel, S.J. (2009). Project management: a managerial approach. Hoboken, NY: John Wiley & Sons, Inc.