Best Practices for Project Methodologies

Most projects share a common life cycle. This is not to say that these projects are all designed and executed the same way, but they remain universal, as they pass similar phases during the life cycle of the project. When dealing with any methodology, ask the following questions:

How do we ensure that our projects develop and deliver successful products? Is the methodology able to accurately capture requirements and effectively manage the project against those requirements?

How can we deploy projects more quickly, avoiding overruns and poor performance, and for better value, lower cost, and better functionality?

When looking at organizational project methodologies available today, we realize that certain methodologies work well and some do not. Some are more proactive than reactive. For those that are not well planned, the organizations will simply not have success with those methodologies. Competitors will overpower them and deliver products faster to the market, and the organization will face competitor lockout. Some of the following best practices are needed before designing, purchasing, or benchmarking a prospective solution:

Provide standard proven processes and techniques.

Benchmark or leverage the best that your industry has to offer.

Create a list of "must-have" components.

Recognize the necessary processes you need to complete projects.

Consider the best cost and time schedules for your methodology.

Determine what core competencies are important.

Configure resources.

Integrate with suppliers and parties.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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