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What Are the Project Management Approaches?

There are many project management approaches. According to the PMI, the project processes are guided through five stages:

  • Initiating
  • Planning
  • Executing
  • Monitoring and Controlling
  • Closing

PRINCE2 is a structured approach that was introduced in 1996. Process-based for project management, it provides an easily tailored and scalable method for the management of all types of projects. Each process is defined with its key inputs and outputs together, with the specific objectives to be achieved and the activities to be carried out.

The agile approaches are based on the principles of human interaction management and founded on a process view of human collaboration. The agile approaches include Scrum (software development), which is a holistic approach to development that focuses on iterative goals set by the product owner through a backlog. The delivery team develops the backlog through the facilitation of the Scrum master.

You can use the Scrum method in all kinds of software development.

Project managers can choose the appropriate approach according to the nature of their projects; however, whatever the adopted approach, they should carefully consider the overall project objectives and expected results, timeline, cost, scope, and quality, in addition to the roles and responsibilities of all participants and stakeholders’ interests.

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