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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.

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Project Management Fundamentals- Evolving Organizations in a Competitive Business Environment

Techno-PM

Monitor and control: Alongside the execution phase, the project management team monitors and controls different aspects of a project- right from stakeholder requirements, costs, resources, status updates, project change documentation, schedule, variance analysis, etc.

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The Key Aspects Of Project Management

Proofhub

Tip : Consider reviewing the project progress and model at the end of each phase. Phase 5: Closing And here comes the last stage of the project management life cycle i.e. “project closure”. This is the phase where you finalize all activities and deadlines within the project and formally close the project.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

The system for value delivery refers to a structured framework and methodology used in project management. Project value delivery drives to fulfill its intended purpose and deliver tangible value that is aligned with the business strategy, with support from both stakeholders and business leaders.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Administrative Closure: A list of the requirements necessary to formally close the project. Adoption: In the life cycle of a project, Adoption is the phase where the project's deliverables are put to use and their benefits realized. Cost Performance Index (CPI): The ratio of Earned Value (EV) and Actual Cost of a project.