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Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

Each task and phase of the project has a due date, which means your project has a schedule. Budgets are also part of a project. You need money to pay for the resources to meet the demands of the project within the time allotted. A project budget outlines these expenditures.

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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). These are the chronological phases that every project goes through. Project Time Management.

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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.

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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.

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Project Management for Your Life

nTask

It’s a strategic competency for organizations, enabling them to tie project results to business goals- and thus, better compete in their markets. ”. A project lifecycle often follows five distinct processes. These processes include: The Initiation Phase. And the Project Close. Project Scope Management.

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Project Management Fundamentals- Evolving Organizations in a Competitive Business Environment

Techno-PM

Before we get into project management fundamentals, let us first understand what a project is. Project is a “temporary endeavor initiated with an aim to build a unique result or product or service”. These can include investors, sponsors, government regulators, customers, top management teams, and so on.

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The Key Aspects Of Project Management

Proofhub

However, the following 5 phases of the project management remain the same in almost every project across every industry. Phase 1: Initiating The first phase of the project management life cycle is the “ project conception and initiation ”. Did you find this post helpful?