The Impact of Industry Context on Project Management Methodological Decisions

Abstract

Project management methodology (PMM) is an important part of today’s project management. Choosing the right PMM plays a key role in ensuring the successful implementation of the project. However, the current selection of PMM tends to focus more on the detailed characteristics of the project itself, and less on the macro evaluation from the perspective of the industry context. Therefore, this study attempts to study the adaptability of PMM to different industries from the perspective of the industry's characteristics. Through case analysis and comparing the characteristics and the relevant selection tendency of PMMs in different industries, this article discusses its influence on the selection of PMM from four perspectives. The conclusion that can be drawn is that the faster the technology update speed, the more immature the industry environment, the higher the risk level and the more time-oriented product landing requirements will prompt the industry to choose a flexible PMM that supports the output of phased deliverables. This article helps managers quickly narrow down the scope of PMM selection from the industry context before digging into the unique limitations and needs of the project itself.