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About this lesson
The three approaches presented are three very different ways of managing a project. Understanding the differences will enable a business to select the best approach for their projects.
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Quick reference
Project Management Methodology Comparisons
The three approaches presented are three very different ways of managing a project. Understanding the differences will enable a business to select the best approach for their projects.
When to Use Project Management Methodology Comparisons
Since projects are used to implement strategy, selecting an approach is a strategic decision. An organization needs to consider the characteristics of its projects, its corporate culture and industry dynamics when selecting an approach. A hybrid approach can be used, but the methods are so different that the blending of the hybrid must be carefully managed so as not to create confusion.
Instructions
Each of the approaches address some key project attributes differently. Let’s first compare how they approach the three sides of the triple constraint triangle.
Next let’s consider how the roles and responsibilities change within the three different approaches.
The final question to consider is under what conditions each approach works best. Let’s look at what are the best applications and the worst applications for each type.
The remainder of this course will focus on the Agile/Scrum approach. If you need to learn more about either sequential or concurrent and the best practices associated with those approaches, you should take the GoSkills Project Management Expert course.
Hints and Tips
- Any of these approaches can be tailored to fit unique organizational or industry concerns. What is shown is the most common approach with that methodology.
- Transitioning from one approach to another is an organizational change project and the cultural change aspect must be addressed. Note that the roles are very different and the leadership and interpersonal skills will need to change – along with a shift in the power or “turf” of some departments and individuals.
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PMI, PMP, CAPM and PMBOK are registered marks of the Project Management Institute, Inc.