![]() For example, some project management frameworks have 5 project phases while others have 7 project phases.Īlso, the names and types of project roles vary by methodologies, such as a Scrum Master or Agile Coach used in an Agile project environment. Project management methodologies differ in tools and terminology. Companies may require the use of a specific methodology for their projects and, in some cases, what credentials are expected of project professionals. These methodologies have one or more corresponding professional organizations that set standards and provide related certifications. Plus, some organizations have customized company names for project phases and tools. There are multiple formal project management methodologies, including Agile, Waterfall (Predictive), Scrum, Kanban, Lean, PRINCE2, and Six Sigma. The basics of project management can be described as: “ the use of specific knowledge, skills, tools, and techniques to deliver something of value to people.” Basic Concept 2: What is Project Management? ![]() There is no maximum or minimum duration to be a project, but there must be a clear start and stop. However, if a team created a plan to upgrade those machines by a specific date and within a budget, that is a project. For example, the daily maintenance work for cleaning factory machines is part of continuous operations and, therefore, is not a project.
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