Project Management Methodologies
Choosing the right project management methodology is crucial for project success. This guide compares the most widely used approaches to help you select the best fit for your projects.
Methodology Comparison
| Methodology | Best For | Flexibility | Planning | Delivery |
|---|---|---|---|---|
| PRINCE2 | Large, controlled projects | Low | Upfront, detailed | Staged |
| Agile/Scrum | Software, evolving requirements | High | Iterative | Sprints |
| Waterfall | Fixed scope, clear requirements | Low | Sequential | Phased |
| Hybrid | Mixed environments | Medium | Adaptive | Flexible |
Methodologies Overview
PRINCE2
Projects IN Controlled Environments
A process-based methodology widely used in UK government and enterprise. Focuses on business justification, defined roles, and stage-gate controls.
- 7 Principles, 7 Themes, 7 Processes
- Strong governance and documentation
- Scalable to any project size
Agile & Scrum
Iterative and Incremental Delivery
A flexible approach that embraces change and delivers value in short cycles. Scrum is the most popular Agile framework.
- Sprints, User Stories, Backlogs
- Daily standups and retrospectives
- Customer collaboration over contracts
Waterfall
Sequential Phase-Based Delivery
The traditional approach where each phase must complete before the next begins. Best suited for projects with fixed requirements.
- Requirements → Design → Build → Test → Deploy
- Comprehensive documentation
- Clear milestones and deliverables
Hybrid
Best of Both Worlds
Combines elements of traditional and Agile methodologies. Allows organisations to tailor their approach to specific project needs.
- PRINCE2 Agile, Disciplined Agile
- Structured governance + iterative delivery
- Flexible and pragmatic
Choosing the Right Methodology
Use PRINCE2 when:
- You need strong governance and audit trails
- The project has regulatory or compliance requirements
- Stakeholders expect formal stage-gate approvals
- The organisation values structured documentation
Use Agile/Scrum when:
- Requirements are likely to change
- You can deliver value incrementally
- Close collaboration with users is possible
- Speed to market is important
Use Waterfall when:
- Requirements are fixed and well-understood
- The project has strict dependencies
- Changes would be costly or impossible
- Regulatory approval is needed at each stage
Use Hybrid when:
- You need governance but also flexibility
- Different project phases suit different approaches
- The organisation is transitioning between methodologies
- Complex projects with mixed work types
Methodology Certifications
| Methodology | Certification Body | Popular Certifications |
|---|---|---|
| PRINCE2 | Axelos / PeopleCert | PRINCE2 Foundation, Practitioner |
| Agile/Scrum | Scrum.org, Scrum Alliance | PSM I/II, CSM, SAFe |
| General PM | PMI | PMP, CAPM |
| Hybrid | Axelos | PRINCE2 Agile |
Related Resources
- Certifications Guide - PMP, PRINCE2, Agile certifications
- Getting Started - New to project management?
- Project Lifecycle - How methodologies fit within project stages
- Project Toolkit - Templates and tools for any methodology
- PM Glossary - Key PM terminology