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Mastering the project life cycle: Your complete guide (+ examples)

Resource Guru

The project life cycle , just like a good story, has a beginning, a middle, and (hopefully) a happy end. The beginning involves the ever-so-important planning; then comes the middle, where teams complete various tasks to move the project closer to completion; and finally, an end to review what went well and what didn’t.

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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979. The most recent major update came in 2023. You should look at what happened on past projects because that helps mitigate risk on your current project. It was renamed PRINCE.

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The Growth in Importance of Project Value

The IIL Blog

November 15, 2023 All management disciplines, project management included, contain words and expressions that have meanings susceptible to change over time. Flexible methodologies, such as Agile and Hybrid approaches, assume that the initial plan is subject to change. Dr. Harold Kerzner is a Keynote in this year’s IPM Day 2023!

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Project Artifacts and How to Use Them

Rebel’s Guide to PM

It's also a useful overview of ways of working, and this version includes The Standard for Project Managers too. See on Amazon We earn a commission if you click this link and make a purchase, at no additional cost to you #ad 07/19/2023 01:40 pm GMT But what if you don’t use PMI methods? Documents are documents.

Logistics 258
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What is ROM and how to calculate it (with example)

Rebel’s Guide to PM

Let’s look at an example to see how it would work in a project budget. ROM example Let’s say that we’re in the Project Initiation phase. We don’t know the total cost of the project – at least, not an accurate cost. Make sure your keep your RAID log updated with any changes to your budgeting assumptions.

Estimate 285
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A Beginner’s Guide to Understanding Earned Value Management

MPUG

EVM concepts were initiated over fifty years ago by the United States Department of Defense (DoD) to support their control processes with large defense acquisition programs. Air Force defined the criteria for their acquisition projects which included the basic concepts of EVM. In 1965, the U.S.

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Monitoring and Controlling Projects: A "How to" Guide

Project Pulse Journal

Vision Validation Vision Validation ensures that the project's objectives and goals align with what was initially intended. As a project progresses, external factors, stakeholder and customer/client expectations, or internal changes may cause the project to drift from its primary vision. Project Management Institute.