10 Most Effective Project Management Techniques.

10 Best Project Management Techniques You Must Know About

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10 Best Project Management Techniques

1. Classic technique

The most traditional yet used technique by businesses across all sectors. It involves the basic idea of arranging and allocating tasks, performing them, working on revenues and resources, managing team and finances, and at the end, getting feedback and reviews after completion.

2. Waterfall technique

It is a level-up of the classic technique. As the name goes, it involves the performance of tasks in a sequential method. Once you complete a given task and fulfil it with satisfaction, you move on to the next. Under this technique, they use Gantt Charts for monitoring and management of progress.

3. Agile project management

It follows a value-centered approach. Under this technique, the project managers carry out the project in short-sprint forms. It goes like planning, implementation of the plan, and improvement. This technique holds enough room for adaptability. It involves the self-organization and implementation for maximizing the project value.

4. Scrum

It also uses sprints like the agile project technique. Under this, milestones are set by the project manager, and they take regular updates on it. On every delivery of the milestone, they take feedback from the clients.

10 Best Project Management Techniques

5. Rational unified process (RUP)

This project management framework focuses on the end-satisfaction of the user. Under this, an iterative process is carried out under which regular feedback is taken after every step of implementation. They use this feedback to plan the phases of future development.

6. Program evaluation and review technique (PERT)

Several areas and businesses use this technique. The US navy developed this technique for efficient project management. Under this, they carry out detailed and complex planning. Following which, visual tracking takes place through PERT charts. It is best suited for long-term and challenging projects with even complex requirements.

10 Best Project Management Techniques

7. Critical path technique

This technique of project management works on algorithms. It is usually used by integrating with the PERT method. Under this, they detect the longest path of the project. Following this, the critical tasks are also detected.

8. Critical chain technique

They derive it from the critical path and PERT project management techniques. It does not aim its primary focus on scheduling. It preferably has more flexibility in planning resources and using the time.

10 Best Project Management Techniques

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9. Extreme project management

Under this project management technique, they follow an open approach. It involves flexibility in planning and deterministic management. They use it for complex, unpredictable, and complex projects.

10. PRINCE2

It stands for Projects IN Controlled Environments. Developed back in 1980, the government followed this project management method. It was later adopted by private sector companies as well.

10 Best Project Management Techniques

To sum up, a project is as complex as you make it. By adopting what suits the best for the project in hand and the business,

you can expect sure-shot success rates. The project management methodologies may vary, but the basic working

process remains the same.

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