Project management methodologies simplify projects and guide businesses to success. However, there are quite a few options to choose from, making the search feel complicated. Here are three major methods to consider.
Project Management Methodologies – Waterfall
Waterfall goes first on the list because it’s the most straightforward option. It’s hard to find reasons not to use this method, but in the rare case it doesn’t suit your needs, there’s some simple alternatives.
Waterfall methodology is best described as a system that goes through phases, progressing a project from stage to stage. It is a strict model with little leeway to deviate from the standard path.
The reason waterfall is the correct choice in most situations is it follows the traditional linear path and structure of everyday life. It’s always going to feel like the right situation in that regard. Furthermore, it’s very uncomplicated to implement.
Project Management Methodologies – Agile
Agile is a contrast to Waterfall in that it’s complex and continually evolving throughout projects when used. It’s a much less rigid method which allows teams leeway to make adjustments throughout. This model is vital for companies who need products and projects to react according to new changes in markets. A word that sums up the Agile model quite well is flexibility.
Though this model is more hectic than Waterfall methodology, there’s still structure and general guidelines to adhere to. Teams follow similar phases as Waterfall, with the exception of continuous reevaluations of work.
Project Management Methodologies – Hybrid
Hybrid brings the list together by presenting the possibility to combine benefits of the previously mentioned methods. However, it would be erroneous to call Hybrid the ‘best of both worlds’, as Waterfall or Agile will still be the correct choice for a lot of businesses. However, there’s going to be times where a company or project would benefit most from a Hybrid model.
In a Hybrid, the project begins similarly to a Waterfall. It starts with preparation to clarify the project outlook. After this phase, the hybrid aspect of the model kicks in, and projects are more flexible from there on out.
Hybrid is a perfect methodology for projects in need of structured, goal-oriented procedures with the possibility of flexibility and change.
Though there are many models to choose from, keeping it simple and reducing the variables can have great benefits. Consider using a smaller pool of options, such as this list.
Consider a digital asset management system to simplify your project. Canto DAM stores important media files that team members can share and quickly retrieve.