Project Management Methodology – The Very Basics

Project Management Methodology – The Very Basics

If you’re new to project management, this article about project management methodology is a simple and easy way to understand the basics.

If you are new to PM, and have just completed or are currently completing one of the many project management courses, it is likely that you’re interested in learning the basics of this incredible industry. It is a really good idea to have a basic grasp of the methodology behind project management during the initial stages of your career, so you can better understand what it is, what it means and get an idea of what is to come in terms of your learning.

Project management came about in the 1950’s when businesses wanted to improve processes and management styles to achieve more.

The whole process requires a variety of different tools to enable those completing the project to move forward and effectively manage the task.

Current methodologies tend to have 4-5 groups and a control system. Regardless of which approach is used, whether it is the APM methodology, PMP or PRINCE2, all traditional PM use the same type of processes which generally include: initiating, planning, executing, monitoring and closing the project. Note that agile project management works differently.

Initiating The Project

This will begin based around an idea and the initiation process group finalises the scope of the project and its goals. This initial stage is incredibly important and if it isn’t done properly the project can suffer as a result. During this stage the very first document is created; this is the project charter which details the entire point of the process.

Planning The Project

After the initial stage, everything is then planned out in detail to ensure that the timescales, costs and resources are considered, along with any potential risks.

Executing The Project

During this stage, processes are used in order to get the work that is listed in the plan completed. It is at this point that the project manager will coordinate their team, resources and budget.

Monitoring The Project

The project is managed and tracked to ensure that any potential problems are identified and dealt with quickly. This occurs throughout the whole process to ensure that any risks can be effectively managed and to ensure that goals are being met as planned. Once it has reached its goals and objectives, it ends.

Closing The Project

Any project that has not been closed will continue to require resources, so this stage is really important. During this stage all activities are finished, the work team is signed off and the project itself is signed off with the customer. After this it is all assessed to see whether it was successful or not.

Understanding project management methodology and the whole process is really useful. It is especially useful when you’re at the very early stages of considering PM as a career, or you’re just starting to train for it. Management jargon can often make the industry seem incredibly complex because you might not understand what is being said. And that is true, it is complex. However, if you start with the basics first and then build on your knowledge, it isn’t nearly as daunting.

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