Types of Project Management: Methodologies, Industries, and More (2024)

Written by Coursera Staff • Updated on

Project management methodology, industry, and personal strengths can shape your work as a project manager.

Types of Project Management: Methodologies, Industries, and More (1)

Project management has many faces, and can vary greatly depending on the approach, methodology, industry, or project manager themselves. That means your day-to-day work as a project manager in construction using a Waterfall approach will look very different from an IT project manager's who uses Scrum to rally their team. Here’s a look at the many different types of project management.

Types of project management approaches and methodologies

A project management approach is a philosophy or set of principles that describe the way a project is tackled. A methodology on the other hand is the actual set of rules and practices used to implement an approach.

1. Waterfall

Waterfall is often called the “traditional” project management approach. In traditional approaches, projects are completed one stage at a time and in sequential order—like a waterfall would flow down a collection of rocks.

When to use Waterfall:

Waterfall is an approach often used in projects with strict constraints and expectations, or very few anticipated changes to the project plan. The Waterfall approach can be effective for projects like building houses, where one stage must be completed before others can begin, or where timelines, budgets, regulations, or other factors make it necessary for your project to have a predictable outcome.

2. Agile

Agile is an approach to project management that is built on small, incremental steps. It’s designed to be able to pivot and incorporate changes smoothly, making it popular among projects where unknowns and new developments are common.

Agile’s twelve principles are enshrined in the Agile Manifesto, which was written in 2001 by project managers in software development.

When to use Agile:

Agile is best used in projects in industries that expect a certain amount of volatility, or in projects where you won’t be able to know every detail from the outset. Agile project management is very popular in software development, where changes are almost constant. You might also use an Agile approach when you’re launching a new product, and aren’t fully aware of where pain points might lie until closer to the end of the project.

Read more: Agile vs. Scrum: Which Should You Use, and Why?

3. Lean

Lean is a project management style with roots in the manufacturing industry (Toyota’s cars, to be exact). It aims to cut down on waste and increase efficiency. Key Lean principles include emphasizing value from the customer’s perspective, and mapping out your entire project in the initial stages to see where to generate value and cut waste.

When to use Lean:

Lean can be a useful project management approach to adopt when you’re looking to reduce costs, shorten timelines, and improve customer satisfaction. It’s best used for projects that anticipate some flexibility and change.

4. Scrum

Scrum is the most-used type of Agile methodology, with over 66 percent of Agile adopters using Scrum [1]. Scrum implements Agile principles through small teams, short development cycles, frequent communication, and designated roles to keep the project organized and on track.

When to use Scrum:

Scrum can be a powerful way to tackle projects that thrive on change and adaptation. Like Agile, it is often used for projects in industries that anticipate frequent change or unknowns.

Did you know? Though Scrum is a type of Agile project management, Scrum came before Agile. The founders of Scrum developed the framework in the early 1990s, and were among the signers of the Agile manifesto in 2001.

Types of Project Management: Methodologies, Industries, and More (2)

Read more: 7 In-Demand Scrum Master Certifications 2022

5. Kanban

Kanban, which means “signboard” in Japanese, is a method of visualizing the workflow of a project. In Kanban, the tasks of a project are represented as cards divided into columns on a physical or digital board. As progress is made on the tasks, the cards advance to the next column until they are completed. The Kanban method emphasizes a continuous workflow.

When to use Kanban:

Kanban’s way of visually displaying tasks makes it well-suited for projects that have several tasks that need to be completed simultaneously. Kanban is often used in tandem with other methods, like Scrum or Lean.

Types of project management across industries

The project manager is a staple role in many different industries. Though the fundamentals of what they do are the same—lead projects to fulfill goals while staying on schedule and within budget—the details of what they do can differ.

  • Construction: A construction project manager organizes people and resources to oversee the process of building structures like houses and office buildings. The project manager generally works closely with architects and engineers.

  • IT: A project manager in IT works with teams to solve IT-related problems in a company. They can, for example, carry out a project to install new software across a company, update networks, or help roll out cloud computing services.

  • Software development: Software project managers orchestrate project teams to develop new software and software updates. They may have professional experience in developing software themselves.

  • Health care: A project manager in health care leads projects in hospitals and other health care facilities. Health care project managers often have to have a good understanding of health care legislation.

  • Energy: In energy, project managers carry out projects that develop new energy infrastructure or improve existing ones. They might also work to roll out energy-efficient practices at individual organizations.

  • Marketing: A project manager in marketing might work at a tech company, advertising firm, large retailer, or any number of other organizations that have marketing arms. Projects can include marketing campaigns, research efforts, and new product launches.

Types of project managers

There are many different types of project management—but what about project managers themselves? What kind of project managers are most effective? If you’re a hiring manager, what are you supposed to look for in a candidate? Differences in personality and leadership style can vary from manager to manager, and lead to natural strengths and blindspots.

A 2017 report published by the Harvard Business Review divides project manager personalities into four different types—executor, prophet, expert, and gambler [2]. Knowing how you or other project managers operate can be useful in discerning what kind of project management style is best for the situation.

  • Executor: An executor stays in line with a company’s current growth strategy, and is a reliable leader of projects. The report identifies this type as one of primary importance to have at a company to execute projects. However, the other types are valuable for unearthing growth opportunities, particularly in the long term.

  • Prophet: The prophet might not necessarily stay within the company’s current strategy, but has a long-term vision and can be useful in seeing new growth opportunities. These types of project managers might be leading moonshot projects, for example.

  • Expert: The expert is an analytical professional who acts on facts and advice. They can be relied upon to make sound business decisions and may pursue opportunities outside of current strategies.

  • Gambler: The gambler stays within the existing strategy, but might not be able to predict the success of their ventures due to lack of data. They might bet on and find new growth opportunities that were overlooked by analysis.

Explore project management with Coursera

Project management can look vastly different depending on the methodology or approach used, and what project managers themselves bring to the table. Taking online courses can be a great way to build skills for an entry-level job in most any industry. Explore Coursera's top-rated courses below.

For an introduction to project management, take the University of Virginia's Fundamentals of Project Planning and Management course. In this nine-hour course, you'll learn how to initiate a project, manage risk, sequence tasks, and monitor progress.

To practice using Agile approaches with the Jira software, consider Atlassian University's Agile with Atlassian Jira. In this free 12-hour course, you'll learn how to configure Jira and use it to keep up with project changes and team activity.

To explore project management more broadly, sign up for the Google Project Management: Professional Certificate. This program takes about six months to complete and covers the basics of Scrum and Agile, project documentation, stakeholder management, and more.

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This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.

Types of Project Management: Methodologies, Industries, and More (2024)

FAQs

Types of Project Management: Methodologies, Industries, and More? ›

Specific examples of project management methodologies – each with its unique advantages and limitations – include, but are not limited to Agile, Waterfall, Critical Path, Scrum, Lean Six Sigma and PRINCE2.

What are the six 6 types of project management methods? ›

Specific examples of project management methodologies – each with its unique advantages and limitations – include, but are not limited to Agile, Waterfall, Critical Path, Scrum, Lean Six Sigma and PRINCE2.

What are the three 3 most common used project management PM methodologies? ›

Arguably the most common project management methodologies are the waterfall, Agile and lean methods. However, there are many other helpful methodologies available, including the PRINCE2, critical path and Six Sigma methods. Let's look at each of these methodologies and their related frameworks.

What are the three major methodologies? ›

The three types of methodology used by researchers are qualitative, quantitative, and mixed methods.

What are the 5 methodologies that can be used for agile project management? ›

Frameworks in Agile Project Management Methodology
  • Scrum: Scrum method works on the principle of simplifying any complex project into several small parts called 'sprints'. ...
  • Kanban: ...
  • Lean software development: ...
  • XP: ...
  • Crystal: ...
  • Dynamic Systems Development Method. ...
  • Feature-Driven Development.

What are the two most general techniques in project management? ›

6 Helpful Project Management Techniques
  • Work Breakdown Structure (WBS) A WBS transforms big project activities into chunks of manageable tasks you and your team can easily understand and complete. ...
  • Gantt Charts – One of the First Project Management Techniques. Source. ...
  • Critical Path Method (CPM) ...
  • Waterfall / Linear.
Jan 10, 2022

What is an example of a project methodology? ›

A project is temporary in nature and has a beginning and end phase. Some common types of project management methodologies are waterfall, agile, and scrum. Waterfall is a frequently used method characterized by sequential steps and a longer project timeline than agile or scrum.

What are the traditional project management methodologies? ›

Traditional project management is a step-by-step predictive approach to project management—also called the Waterfall methodology—in which you break down and plan an entire project before launching it. Processes in the requirements stage help you predict and manage risks.

What are the most common project management styles? ›

Summary. Traditional, Agile, Scrum, Lean, Waterfall, Kanban, or Six Sigma. While there are many approaches to project management, all are intended to deliver a successful project on-time and error-free.

What are the five 5 stages of project management? ›

What are the phases of project management?
  • Project initiation.
  • Project planning.
  • Project execution.
  • Project monitoring and control.
  • Project closure.

What are the three types of project management structures? ›

There are three types of organizational structures in project management: functional, matrix, and projectized.

What is the most popular project methodology? ›

The Agile methodology is one of the most commonly used project management frameworks, surpassing even Waterfall in popularity. However, it isn't actually a formal methodology but a principle that focuses on speed, agility, collaboration, and iterative processes.

What is the easiest project management methodology? ›

Waterfall: Predictability for Budget, Timeline, and Scope

The waterfall methodology, also referred to as the software development life cycle (SDLC), is a simple sequential approach that values solid planning to do it once and do it right.

What are the 3 C's of project management? ›

One way of looking at projects is to split the functions into the 3 C's – communication, co-ordination and collaboration. Traditional project management focuses on the techniques of estimating, planning, scheduling, tracking, cost control, managing risk and reporting.

What are the 5 parts of methodology? ›

The methodology chapter should include the following:
  • research questions and hypotheses,
  • a project design,
  • participants/materials,
  • methods,
  • a procedure.

What are the 6 stages of methodology? ›

IDEAS(R)EVOLUTION methodology is an holistic innovation system composed by an integrated flux of working processes made of six stages (involvement, inspiration, ideation, integration, implementation and interaction); ten phases (diagnostic, preparation, observation, understand, define, experiment, validate, systematise ...

What are the two main types of methodology? ›

There are two main research methodologies: quantitative and qualitative. A third methodology, a combination of the two, is gaining acceptance as a way to improve and substantiate research findings.

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