The Definitive Guide to Project Management Methodologies. 1 1. Waterfall. The Waterfall methodology is the oldest methodology on this list. It was first outlined by Dr. Winston Royce in 1970 as a response to … 2 2. Agile. 3 3. Hybrid. 4 4. Scrum. 5 5. Critical Path Method (CPM) More items
The methodology simplifies risks associated with project schedules, and is closely related to Gantt charts, so can be used as a support with other techniques of project management. When to Use It: It’s ideal for projects with great uncertainty throughout the life cycle, which means that it can be applied to almost any project.
There are different project management methodologies to benefit different projects. For example, there is a specific methodology, which NASA uses to build a space station while the Navy employs a different methodology to build submarines.Project Management Methodologies diagram. This is one of the top business frameworks encompassing strategy, project management, IT, internal processes and client experience.