Project Management Methodology are developed to ensure that customer needs are met and to standardize the internal management of technology projects. It provides a structured approach to guide a project team during development of project plan and during project execution. This methodology communicates standard project management practices, techniques, and terminology and provides a standard set of tools for project management professionals. Through the methodology, project management is established as a core professional competency in the organization. It provides a consistent approach to project management while allowing project management professionals some flexibility to manage the unique aspects of each project.