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


But every project–from redesigning a website to building the Colossus of Rhodes–follows the same four phases of the project life cycle : Initiation. The project life cycle is the ultimate guide to take you from idea to finished product. Identify project objectives and deliverables. Initiation.

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Project Time Management: Strategies, Tips & Tools

While project managers haven’t figured out how to bend time and space to their bidding, there are time management techniques that you can use to manage the time you spend on tasks. No, it’s not science fiction, it’s project time management. What Is Project Time Management? Time Management Strategies. Historic Data.


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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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What Is Project Risk? 7 Project Risks to Track

A risk is an uncertain event or condition that can have affect the outcome of a project. The term “project risk” refers to the sum of all individual project risks that might affect a project. But before we dive into that, let’s review seven common risks that could affect your project budget and schedule.

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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.

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Everything You Need To Know About the 4 Phases of a Project Life Cycle


Whether you are overhauling your company’s entire IT system, planning a product launch, or building a new shopping center, you will go through the same four project life cycle phases. What is a Project Life Cycle? The initiation phase of the project life cycle is where your team lays out the fundamentals.

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How to Write a Business Case (Template Included)

The need for a business case is that it collects the financial appraisal, proposal, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization. Once your business case is approved by the project stakeholders, you can begin the project planning phase. Project Budget.