What are the different project management philosophies according to the PMI?

According to the Project Management Institute (PMI), there are a few different project management philosophies that practitioners can adopt. These include traditional project management, which focuses on a plan-driven approach with a clearly defined scope, schedule, and budget. Agile project management, on the other hand, emphasizes adaptability and collaboration, allowing for frequent iterations and changes throughout the project. Lean project management aims to eliminate waste and increase efficiency by streamlining processes. Lastly, the hybrid approach combines elements of both traditional and agile methodologies, allowing for flexibility while still adhering to certain structured processes. Overall, these different philosophies offer project managers a range of options to match their project's specific needs and requirements.

This mind map was published on 30 November 2023 and has been viewed 109 times.