Project Management Methodologies: A Comparative Analysis

 

Across all industrial sectors, project management has become an essential element in the
successful delivery of projects. Regardless of the industrial sector or size of project, project
management methodologies (PMM) can be applied to improve the probability of meeting the
project goals. In an earlier published work, we had classified PMM in five distinct but
interdependent levels. In this paper, our objective is to further extend the discussion on the
characteristics of L3 methodologies by comparing the PMM currently being applied in three
distinct sectors: (1) academic institutions; (2) industry organizations and (3) government linked
organizations. Each of the PMM across the three sectors will be compared and discussed against a
list of elements to elicit a common set of requirements.

Keywords: project management methodology, organization specific, comparative analysis