A methodology is a systematic theoretical analysis of methods applied to achieve one or many goals. This systematic study of methods with a clear process coupled with best practices ensures a higher success rate for goal attainment.
A methodology comprises various tools and techniques, such as phased workflows, individual process workflows, process procedures, templates, samples, aids, instructions, responsibility, accountability, authority, and risks and issues, all carried out in the interest of project's goal to deliver a product or service.
By managing programs undertaken in a repeatable manner, your team gains efficiency, works smarter, and can build an environment of continuous process improvement. In a nutshell, having a methodology provides enterprise initiatives with clear expectations and increases the probability and likelihood of its success.
Let's take a deep dive into the relevant methodologies for Microsoft Dynamics 365 for Finance and Operations in the next section.