article thumbnail

Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

Budgets are also part of a project. A project budget outlines these expenditures. Now that we’ve determined what a project is, we can define project management as a discipline. The Triple Constraint Regardless of the method you use to manage a project, understanding the triple constraint is key.

article thumbnail

The 10 Project Management Knowledge Areas (PMBOK)

ProjectManager.com

PMI has divided the large field of project management into 10 more digestible parts, which it calls the 10 project management knowledge areas in its A Guide to the Project Management Body of Knowledge (PMBOK). This is the document that sets up the project and assigns the project manager. Project Time Management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Project Management Process Groups: A Quick Guide

ProjectManager.com

Project management software helps project managers stay on top of each of these process groups. The project management process groups are the following. Initiating Phase. In this phase, project managers discuss the business value of the project, as well as if the project is feasible. Project scope management.

Process 309
article thumbnail

The 5 Phases of Project Management Process and Techniques

NimbleWork

The Five Project Management Processes: 1. Initiating: This process involves defining the project and obtaining authorization to begin work. Planning: In this process, project managers develop a comprehensive project plan that outlines the scope, schedule, budget, resources, and risks associated with the project.

Process 52
article thumbnail

How to Communicate Risks

Project Risk Coach

We can’t manage expectations if we haven't identified the individuals, groups, and organizations who may impact your project or be impacted by your project. As you initiate your projects, conduct interviews with the stakeholders and ask: What are your needs? How would you like for me to communicate with you? What is the risk?

Risk 418
article thumbnail

A Complete Guide to PMIS

ProjectManager.com

The Project Management Book of Knowledge (PMBOK) states that a PMIS is “an information system consisting of the tools and techniques used to gather, integrate, and disseminate the outputs of project management processes. PMIS is made to support all aspects of project management and the information they monitor or collect.

article thumbnail

Project Management for Your Life

nTask

These processes include: The Initiation Phase. Apart from these five project lifecycle processes, project management also involves ten project management knowledge areas. These project management knowledge areas include: Project Integration Management. Project Scope Management. Project Time Management.

2021 148