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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

When to Use It: The Waterfall approach is great for manufacturing and construction projects , which are highly structured, and when it’s too expensive to pivot or change anything after the fact. The waterfall method makes use of Gantt charts for planning and scheduling; an example is below. Tools for Waterfall Project Management.

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What is project scope? (Plus 7 steps to help you define project scope)

Resource Guru

Project scope is the project manager’s best friend. It’s what we lean on throughout the project life cycle. It keeps us on the straight and narrow all the way to project success. We might think that “oh, I don’t need a project scope, I’ve done thousands of projects like this!”. Deliverables .

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How to Master the 5 Phases of the Project Management Life Cycle

Wrike

The Project Management Book of Knowledge (PMBOK) defines the project life cycle as “the series of phases that a project passes through from its initiation to its closure.”. The standard project life cycle diagram is made up of five phases: Initiation. Controlling and monitoring.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

Creating Value At the core of the system for value delivery lies the objective of creating tangible value for stakeholders through project initiatives; this involves identifying and prioritizing the outcomes, benefits, and deliverables that align with organizational goals, strategies, and stakeholder needs.

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Project Executing: A "How to" Guide

Project Pulse Journal

Key Takeaways Executing a Project : The execution phase is critical in project management for transforming plans into tangible deliverables, efficiently utilizing project resources, ensuring customer/client satisfaction on time, within budget and scope, and meeting quality expectations. Maintaining stakeholder engagement.

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Managing Value Creation for Project Managers

Project Pulse Journal

Financial value relating to customer satisfaction is also an essential part of the value chain which projects should be able to include in its life cycle. For example, some stakeholders may focus on revenue growth, while others veer toward the results. References: Project Management Institute. Alderton, M.

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Monitoring and Controlling Projects: A "How to" Guide

Project Pulse Journal

Cost Adherence: It ensures the project stays within budget, preventing unwanted financial surprises. Quality Assurance & Control: The project meets the required standards and quality criteria the customer/client established. Examples are Asana, Wrike, MS Project, etc. Project Management Institute, Inc.