Project management methodologies vary, but one thing is certain: Choosing the correct method is a vital component of effective planning. The project management methodology you follow will help ensure that you comprehend and visualize the full scope of your plan. When completing a project or designing a plan, it’s imperative to have a full, comprehensive overview of your budget, goals, timeframe, and necessary steps to reach the project’s end. When selecting from popular project management methodologies, ask yourself if the task is a software-based project or traditional. Also important is determining the intended timeframe for completion.