Project Management Methodologies

 Project #

1. A clear start and end date

2. A project has boundaries

3. A project creates something new

4. A project is not business as usual

Boundaries of a project #

1. Project scope

2. Project schedule

3. People

4. Resources

Criteria to evaluate the project #

1. Does it meet business requirements

2. Is it delivered on schedule and on a budget

3. Does it deliver the expected value and ROI

Project management methodologies #

Common ##

1. Agile

2. Scrum

3. Waterfall

4. Project management institute's PMBOK Guide

5. Deep down into PMI PmBOK

Others ##

1. PRINCE2

2. Lean

3. Six sigma

4. Critical path method (CPM)

5. Critical chain project management (CCPM)

6. Extreme programming (XP)

Agile is a project management principle rather than a methodology 😁

Scrum is a methodology that has a cycle span of one to two weeks at a time

Agile and scrums share similar principles such as collaboration and valuing individuals over processes

Waterfall or a.k.a SDLC is a very popular methodology, rather straightforward, linear process in a which work cascades down and is organized in sequential order.

Project management institute's PMBOK Guide is associated as a project management methodology. 

5 phase includes:

1. Project initiation

2. Project planning

3. Project executing

4. Project performance

5. Project closure

The new PMP exam, focus on three performance domains in project management: People, process, and business environment

Project team #

To assemble your high-performing project team:

1. estimate , acquire, manage teams of people as well as human resources required outside of the team

2. Create an effective team environment with excellent communication and talent development capabilities

3. Track team performance, create and execute improvements based on feedback, resolve issues, manage team personnel changes

Stakeholder, stakeholder register, RACI (Responsible, Accountable, Consulted, Informed) Chart

PMI code of ethics and professional conduct: responsible, respect, fairness, honesty

Resource calendars : identify key resource attributes (skill and experience levels) to ensure that appropriate and required resources will be available for different aspects of the project

Deliverables and tools : survey, project business case/needs documents, project overview, implementation plan, agile practice guidelines, expert judgement, meetings, focus groups, workshops, SMART objectives, knowledge of classic PM, project integration

Business case and business needs documents

Lean: aims to cut waste and create a simple framework for project needs. For: teams struggling with efficiency issues

Kanban: represents project backlogs using visual elements such as boards. For: teams that prefer to visualize their work

Critical chain: a process that includes task tracking and connects work to goals. For: teams that need help solving time efficiency issues

PRINCE2: used for quality management to eliminate project defects. For: large teams that tackle complex projects

Six sigma: used for quality management to eliminate project defects. For: large organizations looking to reduce errors

Extreme programming: works by creating short development cylc Les with many releases. For: small to mid-size teams that have tight turnaround times.

Asia IT Academy 2021 - FrieslandCampina