Remove Document Remove Governance Remove Process Remove Project Life Cycle
article thumbnail

The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Construction phases have different names and require different documentation to begin with. 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.

article thumbnail

The Budgeting Process in Business & Project Management

ProjectManager.com

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. It’s a living document that’s reviewed and revised periodically. That’ll guide you through the budgeting process.

Budget 247
Insiders

Sign Up for our Newsletter

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

article thumbnail

What is Project Life Cycle and What Are its Phases

ProProfs Project Management

You’ve probably heard about the project life cycle, and here we’ll be taking a closer look at this topic. . What is Project Life Cycle. Right from smaller investments to multi-million dollar projects, it requires specific and strict plans that everyone in the team should stick to. .

article thumbnail

10 Strategies for Successful Project Execution

ProjectManager.com

We’ll hear from experts and review key takeaways that project leaders can immediately put into practice in their programs and projects. What is Project Execution? During the five process groups of the project life cycle, there are multiple objectives and outcomes for each phase.

Executing 499
article thumbnail

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

Because PRINCE2® is a broad-brush approach, it doesn’t cover technical processes or specific techniques, but it will fit alongside them. The History of PRINCE2® PRINCE2® is part of the best practice guidance that came out of the UK Office of Government Commerce. Document lessons learned for future projects.

Prince2 358
article thumbnail

Back to Basics: What is the Difference between Process Groups and Phases?

MPUG

I got introduced to formal project management processes through Rational Unified Process (RUP) in the year 2000. It is an iterative software development approach which divides the project lifecycle into four phases: Inception, Elaboration, Construction, and Transition. Five Process Groups of Project Management.

article thumbnail

How to Write a Business Case (Template Included)

ProjectManager.com

A business case is a project management document that explains how the benefits of a project overweigh its costs and why it should be executed. Business cases are prepared during the project initiation phase and their purpose is to include all the project’s objectives, costs and benefits to convince stakeholders of its value.