5 major management approaches and frameworks

There are a number of management methodologies and it is important that a project manager chooses the right one required to get the job done right. It has been streamlined to five major methodologies and their unique strengths. Project management deals with the application of tools techniques, skills, knowledge to projects or tasks in order to complete a requirement. Each of its methods has a unique set of principles, processes, and practices. The type of project you plan to undertake will determine the type of methodology to implement.

The big five

The more suited a methodology is for your project the better your time, as well as resources, can be optimally utilized. Some project management methodologies include;

Scrum
Scrum is a framework that enables individuals to handle complex problems while delivering products of the best value, productivity, and creativity. It upholds values such as commitments, focus, transparency, and respect. Some mediums through which scrum is able to achieve its major objective, which is to develop, deliver and sustain complex products, is collaboration Iterative progress and accountability.
Scrum strength lies in its ability to adapt or change in a project, where its team consists of less than 7 members delivery the delivery of products or services.

Kanban
This agile team management places emphasis on work visualization, for the purpose of identifying bottlenecks in workflow and eliminating them in order to deliver high-quality results. Scrum strength lies in projects with small teams where an objective is a flexible approach for the delivery of products and services.

Lean methodology
This framework aims at eliminating waste and causing an increment in customer values. Its ability to improve customer values is enabled by the use of fewer resources. It has a Japanese origin and places great value on the elimination of wastes while at the same time improving productivity at lesser time and cost above all else.
Lean is best suited for an organization working to revolutionize its business process and boost its productivity.

Waterfall
This is an approach that is more traditional. It follows is a sequential design where workflows from top to bottom in a single direction. It has it's origin in the manufacturing Industries and was introduced in an article written by Winston W. Royce in the 1970s. The waterfall as an approach has a rigid design structure. It places significance on documentation such that in the event that a worker leaves, a replacement is able to pick up from where he had left off in the development process.

It is uniquely suited for large projects where the task follows a defined process or procedure done time and over again, and the chance of a break in this procedure is low.

Six Sigma
Six Sigma was first introduced in 1985 by engineers at Motorola. It is a project management system having as its objective the identification of processes that are not functional and eliminating them, thereby increasing overall quality. The special skill set is required in this method as it is statistical and empirical in its essential nature. DMAIC is a methodology used in improving the business process and DMADV is another methodology used in the creation of new processes for products and services. They are carried out by Six Sigma green belt and Six Sigma black belts under the supervision of Six Sigma master black belts.

Large companies and business organizations that are quality and efficiency-driven have much to benefit from this data methodology.

In conclusion, no methodology can be described as perfect, each has its distinct benefits to has to improve workflow, productivity, and efficiency. A project manager is at Liberty to choose whichever he feels would be best to carry out the project he wants to pursue.

What’s next?
To learn the Kanban 101 at team-level, enroll in the IBQMI® Approved Kanban Professional.
If you want to apply Kanban to any environment at an advanced coach level, you should enroll in the Certified Kanban Coach®.

The IBQMI® Certified Scrumban Practitoner® enables the user of the framework to capture the five most important pieces of information. Find out with the Certified Scrumban Practitoner®

Or establish systemic methods for the elimination of waste within a manufacturing process. Enroll in the Certified Lean Project Manager®