The invention discloses a control method of SVG dynamic reactive power compensation and harmonic management based on PI feedforward decoupling. The method comprises a step of inputting a difference value between DC side reference voltage and capacitor voltage to a DC side PI controller, a step of sampling three-phase load current through a current transformer, carrying out adc/dq conversion on signals and sending the signals to a low-pass filter LPF, adjusting dq axis components outputted by the LPF to be reference command current of a PI feedforward decoupling controller, comparing the reference command current and grid current under a dq coordinate system, and sending an error signal to the PI feedforward decoupling controller, a step of carrying out dq/abc conversion on an output signalof the PI feedforward decoupling controller, inputting the signal into an SVPWM driving module to generate a switching signal to control a three-phase full-bridge inverter, and allowing the three-phase full-bridge inverter to generate a compensation signals to realize the dynamic reactive compensation and harmonic management. According to the control method, a complex controller is not needed, aharmonic compensation effect can be achieved by using the PI controller, the control method is simple and easy to implement, and the compensation effect is better than that of a conventional control method.