Remove Budget Remove Meeting Remove Project Cost Remove Project Life Cycle
article thumbnail

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.

article thumbnail

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.

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 Documentation: 10 Essential Project Documents

ProjectManager.com

Project managers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start?

article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Learn more One value of using this method is that it’s easier to identify bottlenecks and other issues that could delay the completion of tasks and address them before they affect your project budget or schedule. For example, the kanban method doesn’t require you to have a specific team structure or hold meetings.

SCRUM 411
article thumbnail

12 Free Project Planning Templates for Excel and Word

ProjectManager.com

Without a plan, projects are in trouble. Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Why Use Project Planning Templates?

Planning 358
article thumbnail

Project Cost Management: The Ultimate Guide

Teamweek

Even when you tell yourself that “this time is going to be different,” — but project costs somehow still manage to get out of control? Only 43% of projects are “mostly or always” completed on budget. Let’s talk about project cost management. ??. What is project cost management?

article thumbnail

125 Project Management Buzzwords

The IIL Blog

That’s where our comprehensive list of Project Management Buzzwords comes into play. Acceptance criteria A set of specific conditions or standards agreed upon between the customer/client and the project team that must be met for a deliverable or project, resulting in the deliverable or project being considered complete or accepted.