IT project management, methodology analysis

Project management plays an important role in modern business, allowing for effective processes of initiation, planning, organization of execution, control, and completion of a project. Various project management methodologies have been developed to ensure the successful implementation of projects in an ever-changing business environment and rapid technology development. Due to their specifics, IT projects require a special management approach. There are a huge number of methodologies for managing IT projects, each of which has its own characteristics, advantages and disadvantages.