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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

Critical Chain Project Management (CCPM). What It Is: PRINCE2 stands for Projects IN Controlled Environments, and is a structured certified methodology. It was initially created by the UK government for IT projects. When the UK government adopted standards for IT systems in 1989, they called in PRINCE.

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The Definitive Guide to Project Management Methodologies

Workamajig

Any iterations you make will have to comply with the budgeting and scheduling constraints set up front. Mostly, this would be medium-sized projects with moderately high complexity but fixed budgets. Scope creep: Since there is no fixed end-date, nor a project manager for scheduling and budgeting, Scrum can easily lead to scope creep.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Audit: The process of analyzing a project to ensure that it is being governed as intended. Budget : The sum total of all the money allocated for a project. Budget at Completion (BAC): BAC is the sum total of all budgets established for the work to be performed. Note that the budget cost is not the same as the budget.