In MakroNorm we consider both the project management Body of Knowledge and Methodology, the two different and widely accepted approaches to managing projects, as both equally important and complementary to each other.
A Body of Knowledge covers broad spectrum of project management competencies and techniques that project managers may need to apply to a project, such as time management to soft skills as leadership, team management and negotiation. The most popular Body of Knowledge in the world is the Project Management Institute’s “PMBOK” (USA). However, one needs a methodology to apply this knowledge to a project.
A methodology shows how to start a project in a controlled manner, progress step by step through the project lifecycle and complete it in a controlled manner. PRINCE2 (Projects in a Controlled Environment) is a such structured, process-based project management methodology that is most widely used in the world. While the methodology provides a framework of what needs to be done, by whom and by when, the BoK provides a range of techniques of how those things can be done and therefore the two are complementary.