The Methods of Selection of the Project Management Methodology

The problem of selecting the methodology to manage the company's projects or a specific project is reviewed. The authors suggest the methods to select methodology that are designated for application under the conditions of different degrees of awareness of the decision-maker about the existing methodologies, their advantages and weaknesses, about the range of efficient use. As the methods are more precise, so they require a more laborious analysis of the project and its environment. It is proposed to make the most substantiated choice resulting from solution of the task on optimizing the project's scope to the following criteria: profit, time, cost, quality, risk, and in terms of the company's maturity growth

Selection method of the project management methodology and its application

The task of selecting the methodology for managing a specific project is analyzed. The method, consisting of 2 stages, is suggested. At the first stage a project manager has to fill out a questionnaire. Based on the obtained results, a corresponding project management methodology is suggested. The second stage is devoted to evaluation of the work content of managing the project with the methodologies under study, the cost and risks of their application. Solution for the three-criterial optimization problem of selecting a methodology is suggested. An example of application of the method for selecting the methodology is provided for managing an IT project