There is no shortage of project management methodologies for you to choose from, but all have a single thing in common: they are all designed to help you to manage the work processes of your team through communication, structure, and rules so your projects can be successfully completed.

Yet, despite having the same goal, and despite the similar-sounding jargon which is used in each methodology, all have very different approaches that set them apart from each other. While there are many successful options for you to consider to help your business to grow and thrive, there are four which stand out from the crowd. Here, we take an expert look at these methodologies so you can make an informed decision about which one suits you and your business best.

The Waterfall Method

The Waterfall methodology is an older project management approach, with its origins in manufacturing and construction industries where every part of each project depends on another part having been already completed. This methodology can only be applied in a linear fashion, allowing a project to move from one phase onto the next, with no going back to the previous phase. This way of completing projects is extremely structured, with each stage agreed beforehand. This makes it an excellent choice if you prefer rigidity and tight structure within your organization. However, if you require greater flexibility or simultaneous working, this approach won’t be helpful for your business.

The Agile Method

This methodology is the polar opposite of the Waterfall method. It allows simultaneous, flexible workflows with projects being broken down into smaller subsections. This is an ideal approach for any team that prefers to adapt their processes if and when the requirements of a project change. It’s also a good choice for any projects which require testing or regular revisions, such as those found in the software development sector. Members of the team can easily stop or change direction with no disruption to the project.

The Kanban Method

The Kanban approach is a specific form of the Agile methodology as it adheres to a flexible principle instead of a rigid one. The primary feature of the Kanban method is that it improves team processes. The Kanban board is used to demonstrate incremental work as it progresses to completion, allowing teams to visualize any bottlenecks or flow issues and to identify where problems lie within their processes. It also allows teams to adjust or correct the workflow processes more easily so projects can efficiently stay on track.

The Scrum Method

Scrum is also a type of Agile methodology, but with a strong focus on speed. Each project is broken down into “sprints” – short periods of time during which specific project elements are completed, all facilitated by the “Scrum Master”. Daily meetings are held to check on progress and to ensure everybody is in line with expectations.

Choosing the Right Methodology for You

Adopting the best methodology for your business and your team will depend on the nature of your projects and the optimal working style of your team. Every methodology comes with its own advantages and restrictions, depending on whether process, workflow or speed is key to your operations. The most important thing is to select the right method for you and then stick to it. If you try to use elements of multiple strategies, the effect will almost certainly be to slow down your team and your projects.

You may benefit from some expert consultancy advice to help you select the most appropriate methodology for your business. Global Resources LLC is here to assist, helping your small or mid-sized business to grow and thrive. You can check Global Resources Reviews here to find out more about how we can help you and your company to stay profitable.