A methodology in project management is nothing but a few standards and guidelines that will yield the most efficient results for your project. Think of a project as a cricket match, Now a cricket match would follow certain rules and regulations so that the game can be played most efficiently. Those rules and guidelines will make sure that there is no waste of time at any point. And for every format of cricket, the rules and regulations keep changing.

When it comes to project management, the methodology will be different for every project. No two projects can be the same, they will have different sets of goals, there might be multiple teams or multiple resources required, the budget for the project may vary, and innumerable other requirements.

What do you think are the most effective elements of this methodology?

We have so many options available with numerous methodologies forproject managementto choose from. Each of the methodologies offers project-specific features, which makes it even more difficult to choose from. Also, it is evidence of how effective project management methodologies are for your project. Be it on the grounds of team size, collaboration, budget, etc. Choosing the right methodology will get the best out of any project.

Can you give me an example of what you would look at about the project in order to choose and what could be the impact if you were to choose incorrectly?