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What is the Project Life Cycle and How to Use It Better?

Workamajig

The project life cycle describes the stages a project goes through as it progresses from start to finish. A well-defined life cycle brings order and structure to the project. This article will demystify the project management life cycle and help you run better projects.

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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? And do we want to let those risks run wild without any effort to contain them? Let’s expand that simple answer. Of course not.

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Project Management Process & Phases

ProProfs Project Management

Project Management is the art of coordinating resources and directing working groups to execute components of work so that each group delivers components that can be tied together into a wholesome deliverable (contracted scope of work) within schedule and budget. — Project Management Institute. Initiating.

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Why Is Project Management Important and Its Advantages

ProProfs Project Management

It may sound like an insignificant question, as the name suggests that PM is all about managing projects. But it is imperative to understand that there are several elements you must control during the project life cycle. The most crucial ones are — ‘Scope,’ ‘Time,’ and ‘Budget’ — which are also known as project triangle.

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Project Charters: Guide to Writing (With Template)

Wrike

We’ll end with a walkthrough of how to map every phase of your project life cycle using Wrike’s free work plan template. Try Wrike’s work plan template What is a project charter and why do you need one? A project charter is a brief, formal document outlining the scope, objectives, budget, and stakeholders of a project.

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Project Management Metrics Every Manager Needs to Track

ProProfs Project Management

The life of project managers has always been tough, and it gets irksome when they have a tight time window and budget. . ‘Do Clients just want timely delivery of promised project deliverables, and this puts more pressure on project managers. Evidently, you do some investments to complete project activities aptly.

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How to Master the 5 Phases of the Project Management Life Cycle

Wrike

The Project Management Book of Knowledge (PMBOK) defines the project life cycle as “the series of phases that a project passes through from its initiation to its closure.”. The standard project life cycle diagram is made up of five phases: Initiation. Potential risks and bottleneck.