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Project Management Methodologies Overview

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0% found this document useful (0 votes)
3 views1 page

Project Management Methodologies Overview

NA

Uploaded by

Teja Yenda
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Methodology – Waterflow, Agile (Flexible) Scrum, Kanban, Scrunban etc

Fixed Pricing / T&M (Time & Material)


Requirements / elicitation techniques
WBS – Work Breakdown Structure
Milestone
CCB – Change control board who approve/reject the change
Baseline – approved plan for a project
Gantt Chart
Issues
Risk Mitigation / Risk Management
RAG Status /Red Amber Green
Triple Constraint – Cost / Scope / Time
Scope creep / Gold Plating
Deliverables: results/outcome expected of the project
Initiation [ identify the business need, feasibility study, identifying scope,
deliverables, stakeholders, SOW
Planning: During planning, we will breakdown the project into smaller tasks, build
your team, create smaller goals with specific timelines, gathering resources,
anticipating risks, kick off meeting,
Execution: You’ve received business approval, developed a plan, and built your
team. Now it’s time to get to work. The execution phase turns your plan into action.
Creating tasks and organizing workflows, briefing team about the tasks to be
executed, communicating with all the stakeholders
Monitoring & Controlling: Monitoring quality of work & Managing budget and
controlling if there is any off-track
Closure: In the closure phase, you provide final deliverables, release project
resources, and determine the success of the project

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