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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

A project management methodology is a set of principles, tools and techniques that are used to plan, execute and manage projects. The waterfall method makes use of Gantt charts for planning and scheduling; an example is below. The PMBOK provides definitions and guidelines for project planning, scheduling, executing and controlling.

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The Definitive Guide to Project Management Methodologies

Workamajig

No fixed plan: The Agile approach emphasizes responding to changes as they occur. This lack of any fixed plan makes resource management and scheduling harder. Collaboration-heavy: The lack of a fixed plan means all involved departments - including stakeholders and sponsors - will have to work closely to deliver results.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.