Different Types Of Project Management Practices

What are the different types Of Project Management Practices?

Project management is not for individuals who like to improvise. A few modern techniques for overseeing projects have been produced through many years of thought and practice by expert project managers. You can profit by this gathered information by reviewing the different approaches to discover the style that suits your business and your project. When you add to your project management collection, you can adjust to any undertaking and successfully deal with the team operating on a project.

Types of Project Management Practices used on a daily basis:

The Waterfall Method

The Waterfall Project Management PracticesThe waterfall strategy is a direct approach. To begin with, the project manager determines the necessities for the project, and after that a project developer plans the project, team members construct the project by putting every one of the pieces all together and the manager then incorporates the project into the business for testing and troubleshooting. When the project is completed, management implements the project and a manager is appointed to look after it and make sure it runs smoothly.

This methodology should be used when:

  • there is a clear picture of what the final product should be
  • clients won’t have the ability to change the scope of the project once it has begun
  • Definition, not speed, is the key to success

The Agile Approach

The Agile Approach Project Management PracticesThe agile methodology gets rid of the idea to work on a project in uninterrupted sections. Rather, the project team shows a piece of the project that is sufficiently finished to possibly implement. Team members go to “scrum” meetings where they assess the most recent form of the project and make proposals for further development. The project developers then make a second version of the project with the proposed changes and present it. This procedure can proceed through four or more forms until the scrum procedure has tended to every one of the problems. So, the agile strategy presents full project forms that can be changed and bettered.

This methodology should be used when:

  • production is important and not quality
  • the scope of the project can be changed by the client
  • there isn’t a clear picture of the final product
  • Skilled developers work on this who are adaptable and  think independently
  • Intended for an industry with rapid changing standards

The Six Sigma

The Six Sigma Project Management PracticesThe Six Sigma strategy functions really well for projects that you can definitely measure. The thought is to search for any deviations from outright flawlessness and address the reasons for those deviations. To do this, you characterise, measure, break down, enhance and control the project all through its development and implementation so you accomplish precisely the outcomes you need with little variation.  This methodology is a disciplined and data-driven approach. For instance, a project to construct a software program that identifies non-business uses of worker PCs could profit by the Six Sigma approach. Outright flawlessness would be distinguishing every individual use of the business PCs. You would test and refine the framework so there are close to 3.4 defects for every million opportunities. This is a Six Sigma standard.

There are two basic methodologies processes in Six Sigma:

  • DMAIC – Define, Measure, Analyse, Improve and Control used to improve existing processes that has not reached the desired end result.
  • DMADV – Define, Measure, Analyse, Design and Verify ensure that new proposed processes are implemented with minimal defects

This methodology should be used when:

  • Clear Top Management Support
  • Commitment to using experienced Six Sigma professionals and the development of sponsors and internal resources
  • Linking company business goals and objectives to performance goals and metrics that can be tracked and measured
  • Using Six Sigma consistently to meet the goals that optimise shareholder values and lead to satisfied customers

The Kanban Technique

The Kanban Technique Project Management PracticesThis is a work scheduling system that improves productivity of a team and reduces time being wasted. With Kanban, project managers use a white board with sticky notes set in one of three sections: “in line,” “in progress” and “as of late completed.” The notes contain depictions of project tasks. The team can without hassle see what assignments are next in line, which ones are being worked on at the moment and which are done. On the off chance that somebody adds a new task to the list; the project manager can see where it belongs on the Kanban board and how it affects the other tasks. For instance, a new urgent task may cause another task that is currently in progress to be put on hold by being moved down to the “in line” section.

The benefits of using the Kanban technique:

  • Increase team efficiency
  • Improved communication and Collaboration within team
  • Ability to easily manage tasks
  • Adapt to changes

KanbanFlow

Learn more:

Project Management Work Breakdown