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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.

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Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

Now that we’ve determined what a project is, we can define project management as a discipline. What Is Project Management? Project management is a discipline that consists in using project management methodologies, tools and techniques to manage the project life cycle, which is a set of stages that are common to every project.

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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?

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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.

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Project Budgets: Tips for Estimating & Cost Tracking – Clarizen

Planview

Effective project budget tracking is essential to ensure that project costs do not spiral out of control — and potentially threaten project success. This informative and easy-to-read article explores the basics of project budget tracking , including best practices and a 7-phase methodology. Estimate Budgets.

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How to Actually Develop a Project Management Plan

Project Risk Coach

Work Breakdown Structure – create a hierarchical decomposition or outline of the scope of work to achieve the project objectives and to create the deliverables. Cost Baseline – approved version of the project budget. Subsidiary Project Plans The Project Management Institute (PMI) highlights ten Knowledge Areas.

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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.