Created by the Project Management Institute (PMI) the PMBOK

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Project Management Body of Knowledge , breaks down project management into five phases: design and initiation, planning, execution, performance and monitoring, and closure.

Although the PMBOK guide doesn't dictate a project management framework per se, many IT project managers associate it with the waterfall model. So, just as there's no PMI methodology (which provides project management practices and guides), the PMBOK leaves it up to teams to decide which processes are best suited to their situation.

3. Scrum
Today, the Scrum framework is the Agile project management framework of choice for most product development teams. It's also the one we favor internally at monday.com.

Scrum is famous for using buzzwords like " sprint ," " backlog ," and " burndown chart ." However, with the Scrum method, the focus isn't on projects per se, but rather on time. The question is: what can we achieve as a team in the next two weeks?

So, in the Scrum framework, we work in small teams (no more than nine people) who rcs data switzerland divide the work into two-week stages called " sprints " or " iterations ." They meet every day for 15 minutes under the direction of a scrum master, or Scrum Master , to discuss the progress of the project.

The Scrum Master acts as a facilitator whose role is to remove obstacles that stand in the way of the project and help his team work as efficiently as possible by applying the five Scrum values . This Agile approach to project management is ideal for creative projects where it is possible to modify the initial objectives along the way without derailing the entire project. See for example this Scrum sprint planning board generated with monday.com.

Example of a sprint management board with monday.com
4. Lean
The Lean project management framework aims to achieve more by working with less. It is primarily attributed to the Toyota Production System (TPS), which defined three main types of waste: muda, mura, and muri.

Thus, the Lean project management framework aims to systematically eliminate all forms of waste in order to work as efficiently as possible. It encourages people to get rid of everything superfluous in their daily work and keep only the essential elements that add real value.

Finally, the Lean framework is easy to follow if you work in a manufacturing or production environment for a physical product, such as a Toyota car. Unfortunately, it's an old methodology that's no longer as relevant for teams working in digital, for example.