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- Closing: The project is wrapped up with a review of results and documentation of lessons learned.
Understanding these stages is vital for those wanting to navigate the complexities of project management effectively.
Approaches to Project Management
Those managing projects can choose from various methodologies, each with its specific strengths:
Agile: This approach emphasizes flexibility and iterative progress, allowing teams to make adjustments based on feedback and evolving project needs.
Waterfall: A more traditional methodology, waterfall involves a sequential design process. Each stage must be completed before moving onto the next, providing structure and predictability.