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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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Construction Cost Management: Managing Construction Costs

For general contractors, this keeps projects from overspending and chewing away at their bottom line. Effective construction cost management ensures that the spending throughout the project life cycle is on track. Every project phase is impacted by construction cost management.


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Project Management Basics: Definitions, Methods and Tools

Project management is a discipline that consists in using project management methodologies, tools and techniques to manage the project life cycle, which is a set of stages that are common to every project. Project Life Cycle The project life cycle describes the five phases all projects go through.

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Project Documentation: 10 Essential Project Documents

Project managers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start?

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Hard Costs vs Soft Costs in Construction: Definitions & Examples

Some refer to these as brick-and-mortar costs, because these costs include the structure, construction site and landscape. 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.

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Project Cost Management: The Ultimate Guide


Even when you tell yourself that “this time is going to be different,” — but project costs somehow still manage to get out of control? Only 43% of projects are “mostly or always” completed on budget. Let’s talk about project cost management. ??. What is project cost management?

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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.