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This Manual provides stakeholders of both public and private companies with a comprehensive summary of the project management framework and practices. It presents a practical toolkit to help manage new projects. It provides readers with: (1) An overview of the organizational requirements related to Project Management (2) Project Management principles namely PMBOK methodology and PRINCE 2 approach. (3) Recommendations on how to fulfill the obligations of Project Management process. (4) Principles of the proposed hybrid methodology standards and the process of its implementation, (5) A user Manual and guidance for Project Manager and executives in meeting their obligations with respect to the proposed hybrid methodology. This Manual also provides Project Manager, entrepreneurs, executives, government officials, investors and others with a framework for practice of Project Management. Finally, it serves as a reference tool for educational institutions that will train the next generation of project managers, entrepreneurs, investors, and policy makers on good Project Management practices.