article thumbnail

Back to Basics: A Master Class on the 4 Phases of the Project Life Cycle

Planio

But every project–from redesigning a website to building the Colossus of Rhodes–follows the same four phases of the project life cycle : Initiation. The project life cycle is the ultimate guide to take you from idea to finished product. Identify project objectives and deliverables.

article thumbnail

Product Manager vs Project Manager – What’s the Difference?

ProjectManager.com

Of course, these roles can also vary greatly depending on the types of products or projects being executed in the organization. For example, manufacturing product managers are responsible for tangible products, while software development product managers will have different teams and agile workflows to assist in the software product launch.

Insiders

Sign Up for our Newsletter

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

article thumbnail

125 Project Management Buzzwords

The IIL Blog

Activity An activity is the actual, specific task that must be performed in a project, i.e., the tactical level of work. Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. engineering, IT, human resources, etc.),

article thumbnail

A Project Manager’s guide to Agile workflows

Resource Guru

The constant business hype surrounding Agile workflows can feel a bit like a buzzy food trend on your feed (avocado toast or matcha lattes, anyone?). Unlike the latest foodie fads, though, we can confidently tell you that Agile project management is here to stay—and the most successful PMs will be the ones who get on board with it. .

Agile 98
article thumbnail

Do We Need Risk Management in Agile Projects?

MPUG

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? So, yes, of course, we need risk management in agile projects. Why is Risk Management in Agile Projects Even a Question?

article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

Agile Methodology. What It Is: In a nutshell, Agile project management is an evolving and collaborative way to self-organize across teams. It’s fast and flexible, unlike waterfall project management. How do you know if agile is for you? Related: Agile vs Waterfall and the Rise of Hybrid Projects.

article thumbnail

Demystifying the PMBOK Process Groups

Wrike

Generally speaking, projects require five process groups — initiating, planning, executing, monitoring and controlling, and closing. These are known as the PMBOK (Project Management Body of Knowledge) process groups. An introduction into PMBOK process groups and knowledge areas. Initiating.

Process 48