A Review of Project Management Techniques: Agile, Prince2, Waterfall

This essay provides an overview of project management techniques, emphasizing their vital role in project success. It discusses various project management planning tools, including Agile, Prince2, and Waterfall techniques, highlighting their theoretical approaches and control mechanisms. Agile is presented as an iterative and collaborative approach, Waterfall as a traditional sequential method, and Prince2 as a globally recognized methodology for project completion. The Critical Path Method (CPM) is also explored as a technique for identifying necessary tasks and scheduling flexibilities to ensure timely project completion. The analysis underscores the importance of selecting the appropriate project management technique to ensure project success.

Introduction
Project planning is a part of project
management that is related with the use of
different tools of project management in
order to successfully complete the project
(Kerzner, 2019). The present study will
include different techniques of project
management. In addition, it will include
theoretical approaches and control
techniques utilized in the field of project
management.
Theoretical approaches utilized within Project
Management.
Project planning is about making plans and strategies to
complete the project systematically. (Brewer and Dittman,
2018). In this context, different techniques and
approaches of project planning are mentioned below:
Agile: It is one of most popular and recognized
techniques of project management. It is the approach that
is used for the projects which are iterative and
incremental. It is a process wherein demand & solutions
are developed via collaborative efforts of self organization
team and their customers (Rowe, 2020).
Waterfall technique: It is a traditional tool of project
management as it is based on the classical approach. It is
based on the proper sequential approach wherein the next
task is performed when the previous task has been
successfully completed. Alike, a waterfall the main aim to
accomplish the project successfully (Sanchez and Haas,
control techniques utilised to deliver a
successful Project.
Prince 2: It is a project management methodology that is
used across the globe. It is a crucial approach that guides
organization to complete a project successfully. This
approach helps a project manager to perform different
cycle of the project efficiently. Additionally, Prince 2 is
based on tried and tested experience of project managers
across the world (Anantatmula and Rad, 2018).
CPM: The critical path method (CPM) is a technique
where you identify tasks that are necessary for project
completion and determine scheduling flexibilities. A
critical path in project management is the longest
sequence of activities that must be finished on time in
order for the entire project to be complete.
Project Management
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Brewer, J.L. and Dittman, K.C., 2018. Methods of
IT project management. Purdue University Press.
Davis, W.S. and Yen, D.C. eds., 2019. The
information system consultant's handbook:
Systems analysis and design. CRC press.
Kerzner, H., 2019. Using the project management
maturity model: strategic planning for project
management. John Wiley & Sons.
Kerzner, H., 2018. Project management best
practices: Achieving global excellence. John Wiley
& Sons.
Machuca-Villegas, L. and Gasca-Hurtado, G.P.,
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.
References
Conclusion
It is analyzed through above-stated
information that project management
techniques play a vital role in
successful completion of a project.
There is discussion regarding various
project management planning tools
such as agile, prine2 and waterfall
techniques.