What is Project Management Methodology?

Project Management Methodology Explained

A project plan methodology is a structured approach to developing the project plan.

Methodologies can be simple or complex and based on the project type, the requirements of the performing organisation, or multiple inputs. Organisations can use hard or soft tools to lead the project plan methodology.

In its choice of hard tools, one organisation may require that the project team create a project plan based on a checklist of plan requirements, while another organisation may require that project teams complete a computer-based project template.

Soft tools include project meetings, business analysts to investigate and research all facets of the problem or opportunity, and subject matter experts’ interviews of stakeholders and project team members.

A methodology used in creating the project plan can include the following:

 Project templates

 Paper and electronic forms

 Monte Carlo simulations for risk management

 Project simulations for expected results

 The design of experiments

 Project start-up meetings

 Interviews

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