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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. Initiation Phase The initiation phase might be the most important of all five phases as it maps out the approval process for the project and sets everything in place to build.

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Project Evaluation Process: Definition, Methods & Steps

ProjectManager.com

Everything starts with careful planning, which sets the stage for the execution phase where estimations, plans and schedules guide the project team as they complete tasks and deliverables. Project evaluation is the process of measuring the success of a project, program or portfolio. What Is Project Evaluation? Get started for free.

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What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

It’s not only communicative but helps management develop strategic plans so the company can accomplish its goals. Differentiation: Here the company focuses on developing and marketing products that provide greater value rather than cheaper costs for the customer. Here are some reasons why.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

This requires an organization with a well-developed project management process. That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. It’s essential to keep projects successful for any organization to thrive.

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Risk Mitigation in Project Management

ProjectManager.com

Risk mitigation describes a process by which a project reduces its exposure to risk and works towards minimizing the likelihood of any issues arising during the project. It involves a process that we’ll explore in a moment but basically addresses the top risks in order to fully protect the project. What Is Risk Mitigation? Learn more.

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Project Initiation Checklist: The Perfect Way To Start Your Projects

Proofhub

As you start your project, you need to take the initiative on the preparatory work, from preparing the scope, estimating the costs, assigning resources, and creating a project timeline, to getting sign-off on the key performance indicators. These things will dictate the way you initiate and manage your project from idea to conclusion.

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Free Strategic Planning Templates for Excel and Word

ProjectManager.com

When the leadership team defines an organization’s vision, they look toward the future and identify the goals and objectives they want to achieve. They cover everything involved in the strategic planning process, from defining the vision statement to creating a roadmap and more. This is the start of strategic planning.

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