Ontological Methodologies – From Open Standards Software Development to Open Standards Organizational Project Governance

This paper examines the ramifications of this discovery in project management by researching an ontological methodology for specifying the domain knowledge and data model of multi-site project management (MSPM), and verifies that the value of the MSPM ontological methodology goes beyond creating consistencies in making MSPM knowledge explicit. The MSPM ontological methodology is a new governance framework of project management across locations, where open standards govern the execution of project management, and in doing so creates and sustains capability consistency in organizational project management, enterprise architecture management and multi-site risks management that includes macroeconomics management.