The Devotional Bible Study Method

I came across this article which outlines a simple 11 question plan for studying any chapter of Scripture. It's pretty straightforward but comprehensive at the same time. The questions are:-

1. What is the principle subject or theme of the chapter?
2. What is the leading lesson of this chapter?
3. Which is the best verse in this chapter?
4. Who are the principle persons in this chapter?
5. What does the chapter teach concerning Christ?
6. Is there, in this chapter, any example for me to follow?
7. Is there any error for me to avoid?
8. Is there any duty (stated) for me to perform?
9. Is there any promise for me to claim? Also, are there any conditions to the
promise?
10. Is there any prayer for me to echo?
11. Are there verses in other Scripture passages (cross-reference) that will help me to understand this chapter better?