Project management methodology uses an iterative software development process that focuses on team productivity and delivers software best practices to all team members

One major project management methodology that aligns with the description provided is the Agile methodology. Agile is an iterative and collaborative approach to software development that emphasizes cross-functional teams, adaptability, and delivering frequent and incremental software releases.

Some key characteristics of Agile methodology include:

1. Iterative Development: Agile projects are divided into small increments called sprints, which usually last for 1-4 weeks. Each sprint aims to deliver working software or a minimum viable product (MVP).

2. Team Collaboration: Agile promotes self-organizing and cross-functional teams that work together closely throughout the project. Collocated or virtual collaboration is encouraged for effective communication and cooperation.

3. Continuous Feedback: Regular feedback from stakeholders, customers, and team members is crucial in Agile. This feedback helps in refining requirements and adjusting project direction early on, ensuring customer satisfaction.

4. Adaptability and Flexibility: Agile recognizes that requirements can change over time, and it welcomes changes to deliver the most valuable software to the customer. Adapting to shifting priorities and making adjustments during sprints is part of the Agile mindset.

5. Emphasis on Individuals and Interactions: Agile values face-to-face interactions and informal, frequent communication. This approach helps build a shared understanding and enables quick problem-solving.

6. Delivering Value: Agile emphasizes delivering working software or a releasable product increment at the end of each sprint. Prioritizing high-value features ensures that the most important functionalities are completed first.

Some popular Agile frameworks include Scrum, Kanban, Lean, and Extreme Programming (XP). Each framework provides a set of practices, roles, and ceremonies tailored to different project needs, but they all share the core principles of Agile methodology.

By following Agile practices, teams can enhance productivity, improve efficiency, and deliver high-quality software within the constraints of time and resources.