Which Project Management Methodologies Should You USE? - PowerPoint PPT Presentation

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Which Project Management Methodologies Should You USE?

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Project management methodology is a strictly defined combination of logically related principles, procedures, and processes strategically used to manage and accomplish projects. Project management practices help project managers to lead team associates and manage work while facilitating team collaboration successfully and productively. – PowerPoint PPT presentation

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Title: Which Project Management Methodologies Should You USE?


1
Which Project Management Methodologies Should
You USE? About Us
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Project management methodology is a strictly
defined combination of logically related
principles, procedures, and processes
strategically used to manage and accomplish
projects. Project management practices help
project managers to lead team associates and
manage work while facilitating team collaboration
successfully and productively.
2
There are different project management
methodologies, and they all have some merits and
demerits. Some of them work better on specific
businesses or projects, so youll have to dig a
little deep to learn about project management
methodologies to determine the best one for
you. Project Management Methodologies in
Brief So lets go through some of the most used
project management methodologies, which are
pragmatic in many segments such as software,
hardware development, and research development
  1. Agile Methodology This is an adaptable method
    for product development. It is a reiteration
    model with several expansion cycles known as a
    sprint, which brings together the peoples
    mindset for product development.
  2. Waterfall Methodology This model is a
    chronological model that divides the software
    development process into several stages, in which
    each stage has a defined set of tasks and goals.
  3. Lean Methodology It originated from (TPS) Toyota
    Production System between 1948 and 1975, which
    focused on reducing waste, mending the process,
    and inspiring innovation. Its two main pillars
    are a) Continuous improvement. b) Respect for
    people.
  4. Scrum Methodology This is an outline for
    delivering, developing, and supporting products
    in a complex environment. It was initially used
    for software

3
development, but due to its growing popularity in
project management, its been used in sales,
research, marketing, and new technologies. Projec
t Management Professional Certification (PMP
Certification Training, PMP Exam) worth it?
  • A leading Economic Group published an article
    stating, Approximately 1.2 million new project
    manager positions will need to be filled each
    year until 2021, but in most cases, companies
    wont consider applicants without PMP
    credentials.
  • Some of the benefits for PMP Certifications are
    as follows but not limited to
  • Improved career opportunities leading to a higher
    salary package.
  • Global recognition as PMP is a globally
    recognized certification.
  • A professional skill set.
  • Motivation, leading to goal orientation.

4
Conclusion According to the business scenarios
and current trends, Project Management
Professional Certification (PMP) is a must-do
certification. Earning PMP certification has
enormous importance for project managers and
their respective companies. If you're
considering getting your academic degree in
project management, you should also look for a
program that prepares you to take the PMP
Certification Training Exam. MindCypress will
help you with the training. Contact us
today! Resource https//blog.mindcypress.com/p/w
hich-project-management- methodologies-should-you
-use
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