Different types of project management


Project management is a method to assist your team in tracking the entire work that is performed to fulfill the requirements of a project within the timeframe.

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Project management is a method to assist your team in tracking the entire work that is performed to fulfill the requirements of a project within the timeframe. However, it is a broad scope of project management, there are many different categories. In order to become a proficient PRINCE2 practitioner You must find an authentic PRINCE2 Training preparation course from an accredited, certified preparing associations like Edureka and pass this PRINCE2(r) exam. The foundation exam Like many methods for managing projects, PRINCE2 was initially created by Project managers. This is evident in how it's structured and designed to assist professionals to manage their projects more effectively as well as record and track the development of their projects.

There are various other kinds techniques, methods, and approaches which include:

  • Agile project management. Agile is a kind of lean project management which is well-liked by engineering, product as well as software development teams. With Agile teams, teams are committed to constant improvement, flexible responses to changes, iterative processes and gradual improvement. A most popular Agile frameworks are Scrum, and Kanban.
  • Waterfall model. The waterfall model the tasks flow down using a linear method after which, once one job is finished and the next one is completed, the next task can be done and the cycle continues. This waterfall method has six phases that include requirements, analysis design, design testing, operations, and requirements. This is most suitable for projects that have deliverables and scopes are predetermined, as the waterfall approach is more inflexible than other methodologies for managing projects.
  • PRINCE2 methodology. PRINCE2 means Projects IN Controlled Environments. According to the PRINCE2 methodology for project management the projects are divided into seven phases: Leading an entire project, starting the Project, launching an Project, managing the boundaries of a stage, controlling the Stage, Managing the delivery of products, and finally closing an entire project.
  • Critical path methodology (CPM) as well as program assessment and review method (PERT). CPM as well as PERT are the first techniques for managing projects that were created by the late 1950s. CPM offers an algorithm to identify the crucial path that connects complicated, interconnected tasks using specified time frames. With CPM teams can pinpoint the longest stretch of interdependent tasks. PERT On the other hand, assists teams to identify the critical path even when the timeline and the time frame are not known. Project managers in PERT determine all the tasks to be accomplished (not only the critical route) to establish the time required to finish the project in its entirety.