article thumbnail

What Is Change Management? Process & Models Explained

ProjectManager.com

At the project level, you’ll need to set up a change management framework that guarantees that all changes to the project plan are properly approved, implemented and tracked so that the project timeline, budget or resources are not affected by any sudden changes made to the initial scope, schedule or budget baseline.

article thumbnail

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

You should look at what happened on past projects because that helps mitigate risk on your current project. PRINCE2® encourages you to dig into lessons learned all through the project life cycle to help you make better choices. Document lessons learned for future projects.

Prince2 363
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

The PMBOK provides definitions and guidelines for project planning, scheduling, executing and controlling. For example, the project management process groups describe the project life cycle while the 10 project management knowledge areas explain how to manage a project. Try ProjectManager for free!

article thumbnail

Benefits Realization Management for Projects

MPUG

Let’s say an organization is taking initiative to build a Smart Website for its internal and external stakeholders which employs artificial intelligence (AI). Two project managers are shortlisted to manage the project. In the context of projects, BRM is the management of benefits arising from projects.

article thumbnail

What is A System for Value Delivery in Project Management

Project Pulse Journal

This system integrates various components and considerations that play a vital role in facilitating the successful delivery of value within the project context. For example, customer satisfaction is one measurement that a project and operation use to identify whether value is realized.

article thumbnail

Managing Value Creation for Project Managers

Project Pulse Journal

Do you struggle to align the project outcomes of your business leaders and organization? Many project managers face the challenge of delivering projects that make a difference. Because there's a sustainable way to deliver more value: value creation in project management. If so, you're not alone. But fear not!

article thumbnail

Introduction to Program Management - How to Manage Related Projects

Project Pulse Journal

By: Hajime Estanislao, PMP, CSM Are you feeling overwhelmed by managing multiple projects that seem misaligned and inefficient? Does achieving strategic synergy across various initiatives seem like an uphill battle? How do Programs Relate to Projects and Portfolios?

PMO 52