Method 123 Project Management Methodology - An Innovative Tool

There are a number of project management tools, including innovative software packages, available in the market today. However, most of them suffer from restricted utility or are unable to deliver the required level of project-linked performance. In order to address this issue, Method123 Ltd. has come-up with a new offering, titled the Method123 Project Management Methodology or the MPMM.

MPMM has been devised considering the highest global standards that have been established for project management. The principal, defining feature of MPMM is the fact that it offers assistance beyond the realm of conventional software-based project management solutions. Method123 Methodology is the only project management tool that offers:

• Training — is an integral part of MPMM, as it seeks to train project managers and the respective team members, every time a demanding or new project is assigned to them. Further, there is additional help in the form of advising teams and mentoring them towards following the best practices in the business and guidance on including them at the workplace
• Auditing & Reviews — these are offered by MPMM as a part of its Quality Assurance process. This innovative feature means that performance-based audits to review the progress of each team or individual team members become easier to conduct, even on a periodic basis.
• Utility toolsets — there are more than 1000 content-rich pages including detailed process diagrams, tables, task-based checklists, sample forms, and list of reference-based examples
• Glossary of Terminology — this simple but very practical list is included to keep the entire group abreast of the conventional and the latest terminologies/nomenclatures used in the related industry

MPMM is a unique project management package that offers the most comprehensive way of managing the entire lifecycle of the project. A major issue with business organizations, using contemporary project management tools, pertains to limited applications that cover only certain components of the entire project. Whereas, MPMM offers systematic guidance for:

• Project Initiation: listing of recommendable business case studies, detailed feasibility studies, creating of teams and setting-up of project offices
• Project Planning: creation of project plans related to availability of resources, financial planning, quality and risk surveys and team-based communication plans
• Project Execution: practical assistance with management of time, along with implementation of effective cost, quality and procurement-related policies
• Project Closure

Further, to make the entire process easier, many real-life paradigms are included to serve as practical examples for the project managers and team members. This helps them to easily comprehend the possible project-related problems and their solutions. This is a first-of-its-kind feature among project management softwares wherein an entire suite of samples is being provided for no extra charge.

The team behind MPMM realizes that despite real-life stimulation packages and in-depth analysis, teams, particularly those with limited experience, could still face initial problems while attempting to commence the project. To address this problem, many project management templates are packed within MPMM. Each of them has been designed to address different kind of project deliverables. These exhaustive set of templates answer questions related to:

• Change & Cost Management
• Quality & Issue Management
• Time & Acceptance Management
• Procurement-related Management
• Communications-related Management

However, despite all its innovation and unique features, MPMM can be customized and used across organizations irrespective of their size or the type of industry. MPMM’s project management technology is so easy-to-follow and effective that it has broken across the norm of using separate project management tools for different professionals. This all-inclusive methodology is equally appropriate for students, trainers, executives, project managers, and even consultants. Its approach of precisely guiding the smallest of project-related tasks makes it the most appropriate management tool for executing projects in a structured and cost-effective manner.