The IIL Blog

NOVEMBER 15, 2023

On the other hand, the term “project value” has had multiple interpretations based upon the type of project, when in the project life cycle the term is used, and who is using the term. VE and VA terms are most frequently used on government projects rather than in traditional project management applications.

2023 158

2023 Engineering Project Life Cycle Technical Review 158

Project-Management.pm

AUGUST 30, 2017

What really is project management governance? With countless articles and books in the business spectrum conveying such practice, project management governance is in the sense, subjective. In other words, a person left on his or her own device of his or her definitive understanding of governance as a whole.

Governance 97

Governance Government Underperforming Technical Team Project Life Cycle 97

Rebel’s Guide to PM

JUNE 28, 2021

PRINCE2 is part of the best practice guidance that came out of the UK Office of Government Commerce. It started life as the PROMPT methodology, created in a private UK company back in the 1970s. A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979.

Prince2 197

Prince2 Governance Government Certification 197

ProjectManager.com

JUNE 6, 2023

There’s one thing that all businesses have in common with project management: money. Without funding and the proper budgeting process, projects in any industry grind to a halt. But first, let’s define what a budget is and explore the types of budgets and methods for making a budget. Budgeting is how those funds are spent.

Budget 250

Budget Process Software Review Estimate 250

Project-Management.pm

JULY 15, 2017

The process won’t even work unless there is manpower involved, as well as methodologies and standards implemented for projects to be delivered successfully. IT project governance framework has since been the answer to this equation, but people seemed not to fully grasp its function. Documenting IT Project Governance Framework.

Governance 109

Governance Government Project Life Cycle PMO 109

LiquidPlanner

MARCH 20, 2018

Managing a distributed project team takes real skill and a definite commitment to putting a governance structure in place that enables success. This is a cardinal rule that I learned firsthand nearly two decades ago managing project teams in Korea, and it stuck with me through my career in the military.

Governance 89

Governance Government Project Life Cycle Energy 89

MPUG

NOVEMBER 7, 2022

I was lucky that the internet was still in its infancy at that time, and I didn’t have to learn project management through dubious resources. Today, the internet is full of articles that define the five phases of overall project management as Initiation, Planning, Execution, Monitoring and Controlling (M&C), and Closing.

Project Life Cycle 103

Project Life Cycle Process Construction Closing 103

Epicflow Blog

NOVEMBER 24, 2020

The success of any project is dependent on a number of factors such as clear goals, realistic project schedule, budget, resource, risk, and uncertainty management. But the favorable outcome of a project is based not only on processes but also on people. Project Stakeholders: Who Falls Into This Category?

Project Life Cycle 98

Project Life Cycle Influencer Risk Management Technical Review 98

Project Pulse Journal

MARCH 7, 2024

You will confidently align projects with organizational objectives, optimize resource utilization, and foster stakeholder engagement to deliver tangible value at every stage of the project lifecycle. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

Governance 52

Governance Government Technical Review Sustainability 52

iZenBridge

MAY 20, 2021

Assess and manage risks Iteratively and prioritize them. Also, plan and manage project/phase closure or transition activities. Plan and manage the budget, monitor project budget variations and work with the governance process to adjust as necessary. Determine a change response to move the project forward.

Certification 98

Certification Project Life Cycle Technical Review PMI 98

Project Pulse Journal

APRIL 21, 2024

Dynamic Systems Development Method (DSDM) DSDM is an agile project delivery framework that integrates schedule and budget constraints, offering a comprehensive foundation for both planning and executing projects. Scrum roles, sprint planning, daily stand-ups), adaptive project management is fluid in its structuring.

Technical Review 52

Technical Review Prince2 Lean Software Review 52

MPUG

APRIL 2, 2024

Project Management is a systematic and organized approach to planning, coordinating, and overseeing the work of a team to achieve a specific goal. It involves defining the project scope and objectives, creating a detailed plan, and identifying the resources and schedule required to complete the project.

Certification 52

Certification PMI Logistics Construction 52

Project Pulse Journal

MARCH 15, 2024

Review this brief guide to help you overcome this and learn more about how to effectively use models, techniques, and artifacts to accomplish your project endeavors, increase productivity, and eventually succeed in your project. Models, methods, and artifacts collectively support good project management practices.

Artificial Inteligence 52

Artificial Inteligence Underperforming Technical Team 2024 Lean 52

Wrike

APRIL 25, 2023

This article explains all you need to know about project charters: what they are and why you need them, essential elements every charter must contain, and different project charter templates to bring your project planning together. Try Wrike’s work plan template What is a project charter and why do you need one?

Project Life Cycle 36

Project Life Cycle Risk Management Software Review Construction 36

The IIL Blog

MAY 22, 2018

According to the Project Management Institute’s (PMI)® A Guide to the Project Management Body of Knowledge (PMBOK® Guide) , project management is defined as “the application of knowledge skills, tools, and techniques to project activities to meet the project requirements. Let’s get a bit more formal.

Project Life Cycle 88

Project Life Cycle Manufacturing Governance Government 88

Wrike

NOVEMBER 7, 2019

The Project Management Book of Knowledge (PMBOK) defines the project life cycle as “the series of phases that a project passes through from its initiation to its closure.”. The standard project life cycle diagram is made up of five phases: Initiation. Potential risks and bottleneck.

Project Life Cycle 45

Project Life Cycle Monitoring Initiating Energy 45

Project Pulse Journal

NOVEMBER 16, 2023

Project execution leverages the processes required to complete the work defined in the project management plan and to satisfy the project requirements and specifications. Within this project life cycle phase, the deliverables are physically built and presented to the customer/client for approval.

Executing 40

Executing Software Review Technical Review 2017 40

MPUG

JANUARY 16, 2023

A Guide to the Project Management Body of Knowledge ( PMBOK® Guide ) – Seventh Edition sets out to codify different areas of what project management involves in eight performance domains. The book defines a performance domain as “critical for the effective delivery of project outcomes.” Putting The Domains Into Practice.

Planning 69

Planning Risk Management Lean PMI 69

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A 3, March 2002.

Risk Management 38

Risk Management Risk Technical Review 2002 38

Herding Cats

MAY 11, 2019

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Making these decisions in the presence Uncertainty ?

Risk Management 35

Risk Management Risk Technical Review 2002 35

Workamajig

JANUARY 11, 2021

Just the links below to jump to the right project management term: A B C D E F G H I J K L M N O P Q R S T U V W. Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. A project sponsor can request an audit.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

ExamsPM

JUNE 28, 2017

Project Risk Management includes all the processes involved in risk identification, regulation, and mitigation on a project. The objective is to increase the likelihood of positive risks (opportunities) and decrease the likelihood of negative risks (threats). Expected time (when) in the project life cycle.

Risk Management 43

Risk Management Risk Underperforming Technical Team Technical Review 43

Herding Cats

AUGUST 5, 2017

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Risk management is essential to the success of any significant project. Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway.

Risk Management 42

Risk Management Risk Estimate Underperforming Technical Team 42

MPUG

JUNE 28, 2021

We’re going to define requirements. We’re going to identify why requirements are essential to the project success. And then we’re going to define the importance of stakeholders in the requirements management process. Requirements are defined as? Our lesson objectives will be the following.

Underperforming Technical Team 52

Underperforming Technical Team Technical Review Defining Project Life Cycle 52

International Institute for Learning

NOVEMBER 2, 2022

PMI defines stakeholder as “an individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio” (PMI, 2016). Let’s start by the definition of stakeholder.

Technical Review 59

Technical Review Influencer Estimate Project Life Cycle 59

MPUG

JUNE 1, 2022

Now up to this point, session number one of our series, we were discussing a system for value delivery, which meant for the most part, PMI wanted to paint five primary contextual concepts defining the system for value delivery. You said, okay, these are the things, the 10 aspects of what you need to know to properly manage a project.

PMI 59

PMI Software Review Estimate Risk Management 59