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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. Then we’ll explain the difference between the construction phases and the project life cycle. To help you manage your construction projects better, we’ll even add a few free templates.

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125 Project Management Buzzwords

The IIL Blog

Activity An activity is the actual, specific task that must be performed in a project, i.e., the tactical level of work. Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. identify items such as benefits and costs).

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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

Project Management Body of Knowledge (PMBOK). The Project Management Institute (PMI) is a not-for-profit membership association, project management certification and standards organization. This organization produces a book called the “project management body of knowledge” or PMBOK. Try ProjectManager for free!

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Time is Money: The Importance of Earned Value Management

MPUG

EVM as a tool that provides visibility into whether or not you’re on track to finish your project within the established cost and timeline baselines defined in the project plan. In other words, EVM helps you quantify the performance of a project. At any point in time PV defines the work that should have been accomplished.

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Picking a Project Management Methodology

MPUG

Projects drive change! PMBOK Guide and Projects. A Guide to the Project Management Body of Knowledge (PMBOK Guide) Sixth Edition was published in 2017 by the Project Management Institute (PMI). This is considered by most project managers as the standard for project management. Financial services.

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Unlocking the Power and Mastery of Development Approach and Life Cycle

Project Pulse Journal

The desire for a project management framework that sustains deliverability, supports the required cadence, and remains faithful to an adaptable methodology is now within reach. Project deliverables examples include daily tasks, workflows, and processes, and will vary from team to team.

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Benefits Realization Management for Projects

MPUG

Project Management Institute (PMI) defines benefit as: “A gain realized by the organization and beneficiaries through portfolio, program, or project outputs and resulting outcomes.” As per the PMBOK guide, a project can have four generic stages in its life cycle. Business Benefits.