Remove Closing Remove Communications Management Remove Defining Remove Project Cost
article thumbnail

Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

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. Now that we’ve determined what a project is, we can define project management as a discipline. What Is Project Management?

article thumbnail

Project Management Process Groups: A Quick Guide

ProjectManager.com

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? Project management software helps project managers stay on top of each of these process groups.

Process 306
Insiders

Sign Up for our Newsletter

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

article thumbnail

The 10 Project Management Knowledge Areas (PMBOK)

ProjectManager.com

Project management knowledge areas coincide with the process groups, which are project initiation, project planning , project execution, monitoring and controlling, and project closing. These are the chronological phases that every project goes through. Project Cost Management.

article thumbnail

How to Actually Develop a Project Management Plan

Project Risk Coach

The Project Management Body of Knowledge (PMBOK) says the project management plan is “the document that describes how the project will be executed, monitored and controlled, and closed. Subsidiary Project Plans The Project Management Institute (PMI) highlights ten Knowledge Areas.

article thumbnail

A Complete Guide to PMIS

ProjectManager.com

A project management information system (PMIS) is how information needed to run a project is organized. It collects and uses project information through one or more software applications. What these programs do is help project managers to plan, execute and close their project.

article thumbnail

Project Management for Your Life

nTask

Before you can start the project managing your life, you need to understand is its most basic form what project management is. Firstly, a “project” is defined by the Project Management Body of Knowledge (PMBOK) Guide as “ A project is a temporary endeavor undertaken to create a unique… result.”.

2021 148
article thumbnail

The Key Aspects Of Project Management

Proofhub

Phase 1: Initiating The first phase of the project management life cycle is the “ project conception and initiation ”. During this phase, the manager defines the project at a broad level. This is the phase where they do detailed research on whether or not the given project is feasible.