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Project Management Philosophies
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Six Sigma
A data-driven approach focused on eliminating defects and improving quality. Core principles include DMAIC (Define, Measure, Analyze, Improve, Control) and the use of statistical tools.
Lean
Maximizes customer value while minimizing waste. Core principles involve continuous improvement, respect for people, and optimizing the flow of value through the organization.
PRINCE2
A process-oriented method for effective project management. Core principles include focus on business justification, defined organization structure, and emphasis on dividing the project into manageable stages.
Scrum
Scrum is a framework for managing complex knowledge work, with an initial emphasis on software development, although it has been used in other fields and is slowly being explored by traditional project teams more generally.
Critical Chain Project Management (CCPM)
Focuses on resource management and buffer management to account for uncertainties. Core principles include task duration estimation, critical chain identification, and monitoring project buffer health.
Extreme Programming (XP)
Software development approach that improves software quality and responsiveness to changing customer requirements. Core principles include frequent releases, programming in pairs, and user involvement.
Feature Driven Development (FDD)
An iterative and incremental software development process. Core principles include developing an overall model, building a feature list, and planning by feature.
Kanban
A visual system for managing work as it moves through a process. Core principles include visualizing the workflow, limiting work in progress, and managing flow.
Theory of Constraints (TOC)
A management philosophy that emphasizes the importance of identifying and managing constraints. Core principles include identifying the system's constraint, exploiting the constraint, and subordinating everything else to the above decision.
Critical Path Method (CPM)
An algorithm for scheduling a set of project activities. Core principles include determining the longest stretch of dependent activities and measuring the time required to complete them from start to end.
Adaptive Project Framework (APF)
Focuses on flexibility, with the scope allowed to change to deliver maximum business value according to stakeholder needs. Core principles include iterative cycles, variable scopes, and continuous client involvement.
Event Chain Methodology (ECM)
An uncertainty modeling and schedule network analysis technique that focuses on managing events and event chains that affect project schedules. Core principles include identifying event chains, quantifying the effects of events, and managing events as a network.
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