Seven PM methodologies that will make your software operations a blast

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How to optimise your software development project’s workflow? For your operational processes to be more efficient, less time-consuming, and less costly, it is essential to move forward with the modern ways of software project management methodology leaving old-school approaches behind. 

What is Project Management Methodology

A project management methodology is a guide for you to manage the software development process. It is the combination of rules, principles, tools, communication platforms, and processes that companies follow to work on a project. Project management methodology types often depend on the project you are working on.  

Major Project Management Types 

In one of our recent articles, we described some of the best practices in software development project management. With numerous PM types today, there are 7 primary types of project management methodology that companies use most often.

Waterfall Project Management 

Waterfall project management methodology is based on the traditional approach that focuses on plans, documentation, linearity, and sequence of actions. 

What is the success rate for a project using the waterfall methodology? It is believed to have 49% of success and is good for small simple projects and those with sufficient documentation. 

IT project team

Agile Project Management Methodology

The Agile approach was developed in 2011 as a response to the traditional method when it proved to be ineffective for complex projects. 

Agile project methodology sticks to the principles of flexibility and puts working software over documentation, people interactions over procedures. 

What is Agile project management methodology? It is a change-driven and people-oriented approach in project management that involves continuous cooperation with the customer and thus better control. Clients choose Agile companies when there’s no clear documentation about the future product, and it is necessary to change requirements throughout the process. Compared to the Waterfall project methodology, Agile has a 51% success rate. 

The following IT project methodologies are using the Agile model: 

Scrum Project Management

Agile project management with Scrum has some modifications for improved efficiency in IT PM. 

What is scrum project management? It is a fast-paced team-driven approach utilising time-limited sprints for task fulfillment. The scrum project management methodology PM organises small teams of people to work on the sprints aiming to make the project workflow as easy as possible. 

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Kanban Project Management

Kanban uses visualisations in the form of tables (Kanban Boards) to control the progress of tasks and workload. The cards may include the status, description, date of delivery of each task. Kanban categorises the types of tasks in Swimlanes depending on the responsible person, specifics of each task, etc. Kanban provides an equal load of work and transparency to the teams and applies to projects of any complexity. 

Modern companies can also combine a few of the PM methodologies, most often Agile and Scrum methods or Scrum and Kanban, known as Scrumban by incorporating the most essential elements of each method. 

Lean Project Management 

Lean project management methodology is a resource-saving PM method and is about delivering more with less. It relies on waste elimination, team engagement, and fast delivery and as-late-as-possible decisions. 

Third open space

eXtreme Programming (XP) 

This project methodology type focuses on the improvement of software quality, cost savings, and increase of responsiveness to changes in requirements. 

To eliminate unproductive activities, XP implies pair programming of two developers writing and reviewing the code. This takes the speed of task delivery to extreme levels and makes the cycles very short. 

Which Type of Project Methodology to Choose

Depending on your project, there is a vast variety of methods to stick to in software development. ELITEX is an IT outsourcing company that incorporates Agile PM methodologies to deliver high-quality projects on time and at fewer costs. Contact us to power up your IT project development processes. 

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