Remove Closing Remove Performance Measurement Remove Project Cost Remove Project Life Cycle
article thumbnail

Closing A Project with MS Project

MPUG

The role of a project manager (PM) is not only to plan, execute, and track a project, but that of closing a project properly. I see many PMs use the MS Project software tool to work on a project over its life cycle, but most don’t use MS Project to close the project.

Closing 109
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. Feasibility Study An analysis of a project’s viability.

Insiders

Sign Up for our Newsletter

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

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

What is A System for Value Delivery in Project Management

Project Pulse Journal

Functions Associated with Projects A system for value delivery encompasses a range of knowledge areas associated with the project lifecycle, including initiating, planning, executing, and closing (PMBOK, 2017).

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the project life cycle. . also known as a Gantt chart, is a graphical instrument depicting the data related to a project. .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the project life cycle. . also known as a Gantt chart, is a graphical instrument depicting the data related to a project. .

article thumbnail

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. Most project management plans also include an HR management plan.