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What Is the Project Life Cycle?

ProjectManager.com

There are many different types of projects, but interestingly, they all have one thing in common. They all go through the same cycle, known as the project life cycle, or project management life cycle. What Is the Project Life Cycle? Stakeholders provide input.

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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Then we’ll explain the difference between the construction phases and the project life cycle. To help you manage your construction projects better, we’ll even add a few free templates. Construction projects are carefully planned. A feasibility study is done to make sure the project is worth pursuing.

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Risk Analysis 101: How to Analyze Project Risk

ProjectManager.com

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Part of that process is risk analysis.

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10 Free Change Management Templates for Excel and Word

ProjectManager.com

There are downloadable templates for every phase in the project life cycle. Gap Analysis Template By definition, change takes you from one point to another. The free gap analysis template for Excel helps you analyze where you are and where you want to be. A gap analysis isn’t strictly for change management.

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What Is Project Risk? 7 Project Risks to Track

ProjectManager.com

The term “project risk” refers to the sum of all individual project risks that might affect a project. When estimating overall project risk, you’ll need to consider all the positive and negative risks that your project might be subject to, including their likelihood and potential impact.

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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.

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Construction Cost Management: Managing Construction Costs

ProjectManager.com

Knowing exactly what construction cost management means and what a construction cost is can be the difference between project success or failure. We’ll go over those definitions and explain the construction cost management process so you can manage projects better. Every project phase is impacted by construction cost management.