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Strengthening Organisational Delivery Through the Right Project Methodologies

We've compiled the top 16 project management methodologies to help you determine which will work best for you to optimise your workflow.

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31 May 2022

The world is currently experiencing high competition and rapidly evolving sectors. The success of any organisation increasingly depends on the ability of its workforce to work efficiently, adapt quickly to change, and collaborate effectively across teams and with external stakeholders. 

16 Types of project management methodologies

Benefits of Corporate Training Partnerships

Studies show that Corporations experience a peak in output when employees receive corporate training.1i Corporate partnerships foster growth between partners and clients, enabling seamless collaborations, an efficient, tailored strategy towards goals, and an enabling environment for productivity.  Corporate partnerships also enhance the implementation of project management with best practices relevant to firms’ success.  

Corporate partnerships enable: 

  • Structures and scalable workforce development 
  • Alignment of project skills with organisational strategy 
  • Improved collaboration across teams and external stakeholders 
  • Stronger governance compliance and delivery predictability 

IPM Partnership Offerings

At IPM, we partner with organisations around the world to help them build scalable project delivery capability through tailored corporate training, professional certification and strategic learning partnerships. IPM equips partners with the methodologies and mindsets needed to drive innovation, compliance, operational efficiency, and long-term business success. One of such methodologies woven into the training as a foundation on which other courses could be built is the different project management methodologies.  

Corporate Trainings in Project Management Methodologies

Choosing the proper project management framework depends on the goals of the organisation, business unit, time frame, and financial budget. Each methodology defines a specific approach to delivering projects. While each project management methodology has different processes and deliverables, they all follow the same basic principles: 

  • Planning the project; 
  • Executing the work, and 
  • Monitoring progress and managing scope changes. 

Different multinationals and firms across various regions in the world have adopted methodologies such as PMBOK, Agile, or Scrum, but it greatly depends on the industry.

Case Studies: Driving Efficiency in a Global Manufacturing Leader

A leading Multinational partnered with IPM to strengthen its internal project delivery maturity by improving communication between the project management team and the financial team. Through structured upskilling programmes focused on Agile and Lean methods, the two business units advanced their capability.  The result was improved cross-functional collaboration, better consistent delivery of value within schedule and reduced downtime, contributing to both operational improvement and workforce engagement. The teams now enjoy better working experiences and are focused towards achieving unified goals. 

Project Management Methodologies

A Quick Guide to Project Management Methodologies

1. Waterfall Methodology

project management methodologies tools and techniques

The waterfall, one of the popular project management methodologies, is a process that proceeds through specific sequential phases to deliver a product successfully. Waterfall project management can be applied to both software development and non-technical projects. 

2. Agile Methodology

project management methodologies agile

Developed in 2001, the agile methodology provides a framework for responding to change and is used by corporationssacrossn different fields and industries. A good example of such a corporation is QUMAS, a quality software solutions company that utilises agile as its project management methodology. Instead of following a linear and sequential process, organisations that use the Agile approach work on projects in short bursts called sprints. 

3. Scrum Methodology

project management methodologies comparison

Scrum is another project management methodology; it is a highly iterative, Agile project management framework. It is designed to help teams break down their projects into small iterations and deliver value quickly. 

4. Kanban methodology

Kanban

Kanban methodology is often compared to the Scrum. Kanban is a visual project management framework that helps organisations manage ongoing work more efficiently. It is particularly beneficial for corporations with continuous workflows such as shared service centres, financial institutions, manufacturing lines, and IT support teams. Kanban boards use columns to help teams track tasks in real time. By limiting the Work in Progress, companies reduce bottlenecks, improve delivery speed and ensure workforce capacity is optimised. The structured transparency supports corporate partnerships by enabling better coordination with external service providers and stakeholders. 

5. Scrumban Methodology

project management framework

The ScrumBan methodology is a subset of the Agile framework that combines the benefits of Scrum and Kanban project management methodologies. It uses a mix-and-match approach that lets companies choose which elements from each methodology work best for their team. By merging sprint planning with visual workflow management, Scrumban supports adaptability when priorities shift. 

6. eXtreme Programming (XP) Methodology

information technology project management methodologies

Extreme Programming (XP) is an Agile software development methodology that aims to deliver significant value early and often. It is based on five core principles: communication, simplicity, feedback, courage, and respect. It is especially relevant for software development companies in growing tech hubs. 

7. Adaptive Project Framework (APF) Methodology

project methodology example

Adaptive project framework (APF) is a project management methodology that involves making decisions as the project progresses. It is also known as Agile project management and is used in IT, product development, and software projects. APF is more iterative than sequential, meaning tasks are repeated multiple times rather than once. This flexibility also facilitates deeper collaboration with corporate training partners like IPM, which helps workforce scale while adjusting to new project demands. 

8. Lean Methodology

different project management methodologies

Lean helps organisations maximise value while eliminating inefficiencies. It is widely used in manufacturing, logistics, and the pharmaceutical sectors, which demand precision and cost control. By reducing redundant processes and improving workflow efficiency, lean supports organisational competitiveness in the rapidly evolving global industrial supply chain landscape. 

project methodologies

9. Critical Path Method (CPM)

Project Management

The critical path method is a project management tool that helps you plan and complete projects on time. It is widely accepted as best practice and adopted in construction, facilities management, and event planning, where precise time control prevents costly delays. Like a work breakdown structure, CPM helps you balance your workload and ensures that important tasks do not fall behind schedule. It is a popular project management methodology for all corporations because it works well with teams of all sizes. 

10. Critical Chain Project Management (CCPM)

Critical Chain Project Management (CCPM)

Critical Chain Project Management (CCPM) is a methodology that focuses on managing project resources and constraints. It is commonly used in projects that have multiple stages, such as software development, product development, and construction. This methodology can be used in different global industries, including manufacturing, construction, and Information Technology.

11. Six Sigma

six sigma

Six Sigma is a set of tools used to define, measure, and improve quality by eliminating defects. It is a process that companies use to increase efficiency by focusing on identifying waste and reducing variation. The technique is most often employed in manufacturing, but can also be used in business processes like sales or marketing. 

12. PMI’s PMBOK

PMI's PMBOK project management methodology

Project Management Institute defines project management methodologies as a set of principles, tools and techniques used to plan, execute, and manage projects. PMI’s PMBOK is a guide to project management and the processes that should be used within the profession. It lays out the industry standards and best practices for how projects should be completed, as well as explaining why these practices are generally accepted. PMBOK is globally recognised and is used to scale up their project management maturity, particularly when expanding into regulated industries or cross-border partnerships. 

13. PRINCE2 Methodology

PRINCE2

PRINCE2, which stands for Projects in Controlled Environments, is a Project management methodology that comes with best practices, processes, and terminology. The PRINCE2 methodology focuses on business justification, a defined organisation structure for the project management team, and a product-based planning approach. 

14. Rapid Application Development (RAD) Methodology

Rapid Application Development (RAD) Methodology

The RAD methodology is used when you want to build a product quickly. In the rapid application development methodology, the development process is split into four phases: business modelling, data modelling, process modelling, and application generation. Each phase contains a series of iterations, and the users are involved in each phase of the project. Prototypes are developed for each iteration to increase user involvement early in the project’s life cycle. 

15. Dynamic Systems Development Method (DSDM)

Dynamic Systems Development Method (DSDM)

The Dynamic Systems Development Method is another project management methodology that is designed to help companies respond to rapid business change. The DSDM approach prioritises user involvement and flexibility over detailed planning. It also encourages the early delivery of useful software, meaning that a company can begin using the software while the developers are still improving it. DSDM focuses on business value and business priorities instead of technical concerns or deadlines. To deliver value quickly, the method uses iterative development, in which developers frequently add new features to improve the product. 

16. Rational Unified Process (RUP) Methodology

Rational Unified Process (RUP) Project management methodology

Rational Unified Process (RUP) is a highly used project management methodology that the Rational Software Corporation created. It is considered a modern, adaptable process, meaning it integrates with other processes and can be tailored to projects. RUP is based on UML (Unified Modelling Language), which makes it more suitable for object-oriented analysis and design. It describes software development in terms of models instead of documents. 

Contact Us

IPM recognises that corporations and SMEs need support as they modernise project delivery and, for that reason, offers corporate Training Partnerships, tailored to meet your specific industry needs. Contact us to learn more.


References  

  1. Digital Defynd. 2026. “10 Benefits of Virtual Corporate Training”  ↩︎