In today’s rapidly changing economic and business environment, there is a growing popularity, interest and need for an efficient way of organizing work. The project approach as a working form and concept of organisation’s management has spread to various industries: public administration, construction, energy, IT, consulting, financial services, education, and manufacturing. The current state of project management is characterized by significant increase of realised projects in various areas.
The term “project management methodology” dates back to the early 60s of the last century and continues to develop by inventions of relatively new approaches such as agile and hybrid. This study aims to review the theoretical literature on the concept of project management methodology, the advantages and disadvantages of traditional and agile approaches by considering different works, theories, models, ideas, opinions and methods that organize the theory and practice of project management.
This article discusses diverse views, knowledge and research results in the field of project management methodology as a factor of project success, which is the ultimate goal to achieve a given result.
Keywords: project management, methodology, approach, project success.
