It gives the framework for determining whether a project will succeed or fail. And, as there is no one-size-fits-all strategy that works for all sorts, sizes, or sectors, you must devote some time and effort to selecting the best project management methodology for your situation.

Steps to deciding project management methodology:

1. Consider your project factors by their simplicity or complexity.

This comprises the project itself, as well as the client, our available resources, project limitations (such as risk appetite), timeframe, tools, and people. Make a list of these factors and categorize them according to how simple or complex they are.

2. Determine the rigidity or flexibility of your work environment

An Agile technique can be beneficial if you work in a dynamic workplace where there is a desire for evolution and change. A Waterfall technique might be appropriate if you’re working with very specific requirements, schedules, and budgets. Examine your restrictions and hazards alongside this examination of your flexibility. How can you implement methods that enable your teams to fit their projects neatly within your organizational limits while minimizing major risks?

Whether you’re more flexible (think nimble design studio with a small team where most team members wear multiple hats) or more rigid (think in-house agency where activities must adhere to numerous internal regulations), now is a good time to consider whether your organization should remain rigid or flexible as it is. You can choose a methodology or a hybrid methodology that moves your company in the direction you want it to go; just make sure the approaches you choose are realistic for your staff to adopt right now.

3. Consider what delivers the most value

If your clients frequently make requests and anticipate continual updates and modifications, for example, an iterative technique with short cycles will make them feel as if they are getting greater value. This methodology will assist you in delivering value and maintaining strong customer connections.

4. Leverage your organizational goals

To help you choose a project methodology, use the goals or project objectives you’ve already set as a team or organization. Your methods should be a means to achieving your objectives—the optimum way is the one that leads you straight to your strategic objectives with the highest gains and the least negative impact.

5. List your organizational and team values

Finally, and most crucially, examine your values. At the end of the day, methodologies are carried out by people—people with their habits, views, and values. Instead of imposing a trendy methodology on your employees, consider how they think, relate, and operate to create a methodology that is a natural match.