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Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

ProjectManager is powerful project management software that can be used by both experienced and beginner project managers and team members to manage projects. Now that we’ve determined what a project is, we can define project management as a discipline. What Is Project Management?

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Rough Order of Magnitude (ROM) Estimate and How to Calculate It (with example)

Rebel’s Guide to PM

What is a ROM estimate used for? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 460
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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 Evaluation Process: Definition, Methods & Steps

ProjectManager.com

Everything starts with careful planning, which sets the stage for the execution phase where estimations, plans and schedules guide the project team as they complete tasks and deliverables. What Is Project Evaluation? Project evaluation is the process of measuring the success of a project, program or portfolio.

Process 369
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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

When it comes to budgeting, hard costs are easier to estimate. Being able to track your resources is how you keep to your budget, and project management software helps monitor costs. ProjectManager is project and work management software that delivers real-time data on your construction project.

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What Is a Project Deliverable? Definition, Examples & More

ProjectManager.com

There is a distinction between project and product deliverables. Project deliverables are such outputs as the project plans , project reports and even meeting minutes. Product deliverables, on the other hand, could be hardware, software, mobile applications, contracts, or even test assessment results.

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Back to Basics: A Master Class on the 4 Phases of the Project Life Cycle

Planio

If you build software for a living, you probably don’t think you have much in common with real estate developers, sculptors, or ancient Pharaohs. But every project–from redesigning a website to building the Colossus of Rhodes–follows the same four phases of the project life cycle : Initiation. Initiation.