FEATURES OF CHOOSING PROJECT MANAGEMENT METHODOLOGIES

The article analyzes the main characteristics and features of the most common project management methodologies. The study proved that due to the widespread concept of «project management methodology», its interpretation by different scientists, as a rule, are quite different. The usage of this concept by practitioners has also significantly expanded the range of objects that are included in the list of such methodologies. The main classifications of project management methodologies are analyzed and it is proved that there is no generally accepted approach to defining the concept of project management methodology, as well as a single classification of such methodologies. Instead, most researchers believe that the effective choice of methodology directly affects the success of the project, which further increases the relevance of research in the field of classification of methodologies, identification of their features and developing of recommendations for choosing of project management methodologies. It is proved that choosing of the optimal project management methodology is traditionally a complex process that depends on a wide range of factors, but primarily such choosing depends on the type of project (investment, infrastructure, etc.), the project team structure (number of people), project documentation requirements, the duration of the project and other factors. It is recommended when choosing a project management methodology to take into account in what type of economic activity such a project will be implemented, which may also affect the choice of methodology. The advantages and disadvantages of using certain project management methodologies have been identified. Developed general recommendations to be followed when choosing project management methodologies, as well as identified their characteristics (scope, size of the project, level of risk, complexity of implementation, the number of projected changes in the project, etc.).