Project Documents
Prevalent Project Management Methodologies for Effective Delivery In today's dynamic business landscape, selecting the most appropriate project management methodology is crucial for achieving success. Here's an exploration of some widely adopted methodologies, each suited for specific project characteristics: Waterfall Method: Traditional, sequential approach. Phases (Initiation, Planning, Execution, etc.) must be completed one after the other before moving to the next. Advantages: Simple to understand, good for well-defined projects with minimal change. Disadvantages: Inflexible, difficult to adapt to changing requirements. Agile Methodologies: Focus on iterative and incremental development. Projects are broken down into smaller chunks ("sprints"), with continuous feedback and adaptation. Popular Agile frameworks include Scrum, Kanban, and Extreme Programming (XP). Advantages: Flexible, adaptable to change, promotes collabor...