Project Management Methodology: PRINCE2, Scrum, Agile, Spiral, and Lean

The paper mainly reflects on different types of project management methodology. According to Sanjuan and Froese (2015), a project methodology is defined as one of the models that is utilized by a project manager for employing project design, planning, implementation of the project objectives. It is found that there are a lot of project methodologies which are used as per the project characteristics. In this paper, different types of PM methodologies including PRINCE2, SCRUM, Lean, agile as well as spiral methodologies are elaborated. Additionally, the project analyzes the important PM methodology for managing different types of projects.