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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

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. Construction projects are carefully planned. A feasibility study is done to make sure the project is worth pursuing.

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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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125 Project Management Buzzwords

The IIL Blog

Dependency Mapping Identifying and documenting the relationships and dependencies between project tasks or activities. Earned Value Management (EVM) A systematic approach to project performance measurement assessing schedule and cost performance. Feasibility Study An analysis of a project’s viability. of a project.

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Time is Money: The Importance of Earned Value Management

MPUG

It compares costs and schedules to a baseline to determine if the project is on track. Let’s define such using PMI as our guide: Earned value (EV) is the measure of work performed, expressed in terms of the budget authorized for that work. To understand truly that ‘time is money,’ you need to use EVM in your projects.

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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.” Next, let’s see how these documents created for benefits realization interact with each other before and during a project life cycle.

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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. Increased Flexibility The project's ability to adapt to changes with agility is due to a framework imbued with flexibility enhancements. & Burgan, D.

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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. Keep reading!

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