article thumbnail

Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Risk management is not exclusive to information technology and high-tech projects; it is also imperative to view risks in other contexts as when choosing project management software, from the worries of a project sponsor, or unknowns within the project life cycle. References: Alie, S.

article thumbnail

What is Project Management

MPUG

The PMI also notes that a project is typically different from ongoing operations or business as usual and that it requires the coordination of various resources and activities in order to achieve its objectives. From start to finish, a project usually goes through 5 phases, called the Project Life Cycle.