4 Successful Project Management Techniques For Your Business

Project management is a vast ocean. It encompasses a variety of skills and many industries. 

However, the common point that unites this diverse discipline together is the project manager’s project management techniques.

As with any other technique, these methods enhance the working process and get the job done effectively. Regardless of the field, they are applicable for any project. 

It works even best when combined with cloud project management software as it saves time and expense.

So, here we present four successful project management techniques to steer your project to the winning point.

• Gantt Chart

Gantt Chart is a visually based project management technique that works best when used through a Gantt chart tool.

You can either import data from Work Breakdown Structure (WBS) or through an online scheduling process. 

With WBS, you can visualize the project’s life cycle timeline from the start till the end. All you can do is include the opening and ending dates. Automatically, the Gantt Chart designates the estimated time to complete each task across the timeline.

With an online scheduling process, you have the independence to alter the scheduling through dragging, including task dependencies, eventually optimizing the entire process.

GanttPRO, a cloud project management software, is an exclusive software that abides by this principle.

Benefits

1. Helps in maximizing multiple projects simultaneously.
2. Plans sprints and milestones.
3. Compare and analyze the expectation and reality of the timelines.

• Waterfall

It is the oldest project management technique. The waterfall is a suitable method for those projects with separate phases with few iterations throughout the entire project. 

Basically, each phase requires detailed planning before shifting to the next stage. Wrike, a cloud project management software, abides by this principle.

The five stages in Waterfall Project management are

• Requirements- Analyze and gather all the information.
• Design- Creates a workflow model of the project.
• Implementation-Puts the plan into action to complete the tasks.
• Verification-review and analyze the deliverables.
• Maintenance-Maintain and make changes if necessary.

Benefits

1. Uses a clear structure to carry forward the project.
2. Assist in committing to the goal without deviating even the slightest angle.
3. A highly systematic approach that emphasizes the information transfer.

• Kanban

Contrary to the waterfall technique, Kanban is a most uncomplicated project management technique that helps first-time project managers. The name “Kanban” means a series of cards that symbolically visualize the workflow. 

It follows the philosophy of to do, doing, and done. Practically, it works best for the manufacturing process. Kanban emphasizes continuous delivery without affecting the team. 

You can limit the work in progress, thus balancing the workflow through prioritizing the task. Moreover, you can organize the board by moving the completed assignment to the bottom. 

Mostly, Kanban fits the agile projects, but you can use it for any project. 

Benefits

1. Increased productivity and efficiency.
2. Zero wastage of time and efforts.
3. Improves flexibility and focus on continual delivery.

• Scrum- An Agile Project Management technique

Scrum is a framework to maintain product development and ensures the quality of every project deliverable. The name “Scrum” is derived from the rugby game. 

It stimulates the team members to learn from mistakes and work through analyzing and reflecting on the wins and losses. 

BigTime, BQE Core, and QuickBase are some of the cloud project management software that works with Scrum’s principle.

As the principles are applicable irrespective of the field, Scrum is so popular across businesses.

Benefits

1. Aids in adaptability with the changes in priority.
2. Helps in aligning with the goals.
3. Enhances the marketability of the end product.

Conclusion

These project management techniques work best with continual trial and error. So, we suggest you test it if you are operating at a small scale or choose based on your organization structure and project needs.