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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 Life Cycle The project life cycle describes the five phases all projects go through. Here’s a quick overview of each.

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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. Ancillary Project Plans Lastly, consider ancillary plans for your project management plan.

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What is Project Management

MPUG

The PMI also notes that a project is typically different from ongoing operations or business as usual and that it requires the coordination of various resources and activities in order to achieve its objectives. From start to finish, a project usually goes through 5 phases, called the Project Life Cycle.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.