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Is a body of Practices, procedures, methods and phases used to manage project from start to finish
Project management methodologies are the various ways in which projects are initiated, planned, and executed unto completion. Examples of project management methodologies are:
The Critical Path Method (CPM) which associates each task with time duration then determines the resources necessary to carry out the project within that time.
Critical Chain Project Management (CCPM) which in contrast to the critical path method in the way that it focuses on resources rather than time constraints.
Project management methodology: is to make a process and practice guide for all the procedures in your project in which you can indentify for all the participants in the project what to do and how to do , PMO can hold the following procedures in order to implement a methodology :
Establish basis for project management methodologyExamine current practiceDevelop project life cycle solutionConduct methodology implementationManage methodology maturity
Methodolgy in Project Management refers to the knowledge bank for what you have to do, to manage your projects from its initial process to its closure. It depicts very clearly each step in the project life cycle so deep that you know exactly which processes to be completed and when and how to be completed. If a methodolgy is well worked upon it makes your project management team well in it.
A Methodology is a body of practices, procedures, methods and phases used by those who are indulged in a discipline. A methodology for a project is about managing the project activities.
My answer is the same answer of friends Wasim Khalil Ali And Mohammad Tohamy Hussaien
Approch to control the project with in time frame and reduce the stipulated cost to make it cost efficient. Manage the project resource to optimum usage. Chalk down the construction protocols and quality guide lines. keep track of the system through out project life cycle.
in addition manage contract agreement requirments and manage disputes generated in contractual obligations.
