Project management methodology is just a fancy way of describing a system used to do something. Some projects lend themselves to certain methodologies. We’ve broken 14 common project management methodologies into bite-sized pieces to help you choose the best approach for your next project 1. According to Teamwork “a project management methodology is a set of principles and practices that guide you in organizing your projects to ensure their optimum performance.” Many software development paradigms are available to use on any given project. ADAPTIVE PROJECT FRAMEWORK (APE): Improves the project at every Stage by learning from the previous stage’s results. Before you begin any project, you need  the right project management tools, a good team, and you must know how  you’re going to run the project.