Top 10 leading project management models
What is the project management model?
A project management methodology is a set of principles, tools, and techniques used in planning, implementing, and managing projects. Project management methods help managers lead team members, manage work and at the same time ensure close cooperation between team members.
There are many different management methods with certain advantages and disadvantages. For each project there will be different management methods, so you need to be knowledgeable about project management methods to make appropriate choices.
Below are the Top 10 leading project management models applied in many fields such as software development, R&D and product development.
Top 10 Project Management Models
If you're in the process of learning about project management methods, here's an overview of the methods you can use.
1.Waterfall Model
This can be considered the simplest method with the most traditional approach among the methods about to be mentioned. The waterfall method is a process in which project phases flow from the top down like a waterfall. The waterfall model only allows you to move to another stage after completing the tasks of the previous stage.
Suitable industry:This waterfall method is suitable for manufacturing and construction projects that are highly fixed, if changes later will cause costs to increase greatly. The waterfall model uses a Gantt chart for planning.
2.Agile method
The Agile project management method is a flexible way of development and collaboration that allows large projects to be divided into small projects, for easy management or changes to improve processes. Because of this flexibility, the Agile method is very popular in the field of software and product development.
Suitable profession:Not only popular in the field of software and product development, Agile method is also widely used in the production of medical equipment, food, clothing, vehicles, etc. It is also Especially suitable for projects that require rapid production progress and responsiveness.\
3.Scrum method
The Scrum method is a “sprint” approach to project management. This method is ideal for a group of no more than 10 people, typically lasting 2 weeks with short daily meetings. Scrum is not a system of methodologies but rather a way to help teams work together effectively to create a complex product.
Suitable industry:Like Agile, the scrum method is used primarily in the field of software development and can be applied to any industry in logistics, retail or any project that requires flexibility.
4. Core knowledge in project management (PMBOK)
PMBOK is not like a methodology but can be considered as a standard guide to help the project complete best. PMBOK provides definitions and guidance for project planning, execution, and control.
Suitable industry:Most projects can use PMBOK. Management experts say this is a gold standard for project managers and is recognized worldwide. PMBOK is a standard framework for running a project.
5. Critical path method (CPM)
In the critical path method, you build a model of the project, including all its tasks and deadlines. You also need to mark the dependencies of tasks and the points at which your project is due. With this model, you can identify the complete sequence of tasks to complete the project, also known as the critical path. You need to pay attention to those tasks because if one task is delayed, the entire project will be delayed.
Suitable industry:CPM works better with small and medium projects. The larger the project, the more difficult it is to collect data to create diagrams and understand the meaning of the figures.
6. Critical chain project management method (CCPM)
The critical chain management approach emphasizes the amount of resources needed to do the job. This method is an extension of the critical path method. In the CCPM method, resources are allocated flexibly and easily exchanged between different tasks.
Suitable industry:CCPM can be applied in both large and small companies as well as single projects. It is mainly used in fields such as construction, software development, and technology development.
7.Kanban method
The Kanban method is a visual approach to project management. It helps with project management by placing tasks on a whiteboard, where team members can track progress. The Kanban method helps reduce inefficiencies, making it a great project management tool.
Suitable Industry:Initially, this method was created for software and manufacturing teams. Today, they are widely used in human resources, marketing, management processes and accounts receivable and payable management. Most people can plan using a Kanban board, adding cards that represent project stages, task deadlines, people, and ideas.
8.Extreme Programming (XP)
Extreme programming is a style of agile software development with short development cycles, with multiple versions released to improve productivity and provide benchmarks so that new customer requirements can be applied. use.
Suitable Industry:When customer requirements change frequently, you'll want to use extreme programming. It is good in cases where customer requirements are changed frequently and continuously.
9. LEAN method
Lean project management (LEAN) is a method used to reduce waste, thereby increasing value in projects and manufacturing processes. LEAN focuses on eliminating waste from key processes to create positive impacts on the value stream through optimization of technology and assets.
Suitable Industry:The LEAN method was developed by Toyota and is a great method to use in manufacturing. It has now been adopted by the construction and education industries, among others in the manufacturing sector as well as software development companies looking to promote product development and user focus last.
10. Six Sigma method
The Six Sigma method is used to improve quality by eliminating ineffective elements in the project. There is also Lean Six Sigma which adds a lean approach to eliminating waste.
Suitable Industry:This method works best in large organizations. Even a company with a few hundred employees may be too small to take advantage of its benefits.