Waterfall

Roles that need it

• Project Manager
• Project Manager (Banking)
• PMO Analyst
• Business Analyst (Banking)

Skills it belongs to

• Project planning and dependencies
• Project governance and reporting

Related concepts

• AgileAgile is a family of delivery approaches that build products in short iterations, work closely with users, welcome changing requirements and release usable increments often. It stems from the 2001 Agile Manifesto; Scrum and Kanban are the most used frameworks.
• Critical pathThe critical path is the longest sequence of dependent tasks in a project schedule; it sets the earliest possible end date. Any delay to a task on it delays the whole project, while tasks off the path have slack (float).
• Programme and projectA project is a temporary effort with a defined scope, budget and end date that delivers specific outputs. A programme is a group of related projects managed together to achieve a wider outcome and benefits; a portfolio is the full set of change investments.

Sources

• PM2 project management methodology, European Commission (external site) accessed 31 Oct 2026
• PMBOK Guide and standards, Project Management Institute (external site) accessed 31 Oct 2026

Updated 31 Oct 2026.