Creating and implementing a scalable IT project management methodology at a multinational company

Abstract

Project management methodologies – like PRINCE2 – are widespread among institutions and companies. Creating a new methodology to meet the exact needs of a specific organization costs considerably more resource but it could worth it. After a thorough analysis a multinational company decided to create its own methodology. The new IT project management methodology incorporates parts from best practices and various well-known methodologies but it has unique parts, too. It is designed to meet the following important unique requirements among others: flexibility from various point-of-views and usability meaning that it should be usable in practice during the business-as-usual of the company not just in theory. Implementation of the new methodology is decided to be done through a step-by-step approach and within the context of a project. In the summary section some conclusions are deducted regarding the process, purpose and result of creating a new IT project management methodology.