b2ap3_thumbnail_Q1-07-P3.pngA methodology is a collection of best practices, knowledge, processes and internal agreements that become a standardized set of procedures for an organization to manage its projects. Using project methodologies is a strategy that maximizes the project's value to the organization. The methodologies must evolve and be constantly improved to accommodate an organization's changing strategy, focus or direction.

There is not one methodology that fits all organizations and all needs, a project management methodology must be build following the organizations culture, vision, mission, values and with a strong focus on stakeholder benefits. A methodology is by essence a set of tailored guidelines or principles that can be applied to a specific situation. In a project environment, these guidelines usually include description of processes, procedures, standards, templates, forms, and checklists used over the project life cycle. Many development organizations today do not use any formalized project methodology. They run their projects as they always have. However, the environment and new demands from donors and beneficiaries is changing rapidly. Organizations are in need for dynamic methodologies and processes, that allows organizations with the ability to change their development strategies to deliver more benefits and create larger impact while keeping accountability for their actions.

The Value of a Project Management Methodology

A good project management methodology provides the framework, processes, guidelines and techniques to manage the people and achieve the project objectives. A good methodology increases the odds of project success and therefore provides value to the organization, the project, the donor and the beneficiaries. The cost of developing and implementing a project management methodology are offset by:

Organizations that have good processes, and follow them, obtain better results in a consistent, repeatable and predictable manner.