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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. This, in a nutshell, is the project life cycle: the phases a project moves through from start to finish. Proper project tracking.

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What is Project Life Cycle and What Are its Phases

ProProfs Project Management

As project managers and even as team members of a project, we all know that leadership and management is a field on its own, even referred to as a scientific field. . What is Project Life Cycle. What Are the Project Life Cycle Phases.

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

Planio

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.

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Project Management Life Cycle-Iterative & Adaptive

iZenBridge

All projects across industries follow a life cycle approach. Often I have seen there are so many questions in mind for many PMP® aspirants on different types of life cycles. Why do we need anything other than predictive life cycle, which goes quite sequential and looks perfect? What these new life cycles do differently? In summary, in this life cycle, we can predict the full flow of work.

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A Step-By-Step Guide to Improving Your Resource Management

The IIL Blog

Project Managers and their teams carry out planned projects on a daily basis, such as the development of new applications. Project Resource Management is a process designed to use human and tangible assets, materials, and equipment efficiently and effectively. Since 2017, project resource management has focused not only on human resources, but also on the equipment, materials, and supplies. Read on for steps you can take to improve resource management on your projects!

2018 116
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How to Master the 5 Phases of the Project Management Life Cycle

Wrike

Every project your team works on feels drastically different. But, those varying projects have more in common than you might think. So how can you make the most of this consistent sequence and nail each and every stage, regardless of the specifics of your project? Let’s explore the typical project management life cycle and how you and your team can maximize each phase for a killer project. . Project management life cycle phases.

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Project Documentation: 10 Essential Project Documents

ProjectManager.com

Project managers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. What Is Project Documentation? Project Documentation By Project Phase. Project Plan.

2022 391
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What Is Project Risk? 7 Project Risks to Track

ProjectManager.com

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk?

2023 422
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What Is Change Management? Process & Models Explained

ProjectManager.com

One thing is certain: change is going to happen in your organization or project. The term change management refers to the actions, tools and models implemented to manage different types of change either at the project or organizational level.

2023 397
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Back to Basics: What is Project Governance?

MPUG

My organization started an initiative to upgrade our project management methodology. At that time, our organization was a certified CMM Level 3 company, and we were already using our homegrown project management methodology based on CMM L3 processes. Project Governance.

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Project initiation: An easy guide to help kick-start any project

Resource Guru

The same goes for projects. If your project isn’t built on a solid foundation at the initial phase of a project it’s far more likely to run into much larger problems further down the line. What are the project initiation activities and deliverables?

2023 85
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A Different Kind of Project

Project Risk Coach

Life is filled with new adventures and experiences. Projects are unique, some more than others. Let's look at how to manage a different kind of project. Project managers may be asked to manage a project, unlike anything they've ever faced. Develop a Project Charter.

2021 222
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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

In this article we’ll look at the types of artifacts in project management, typical documents for each type. There’s also a checklist of project artifacts by phase at the end, which you can use as an aide-memoire for creating your own documentation. The project deliverable is a new app.

2021 484
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10 Free Marketing Templates for Excel, Word and More

ProjectManager.com

Get a headstart on your next marketing project by using these 10 free marketing templates for Excel and Word. We have dozens of free project management templates to choose from. Only they’re not called project briefs, they’re called creative briefs. Project Timeline Template.

2022 297
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Identifying and Overcoming Resource Constraints in Project Management

ProjectManager.com

Resources are what you need to execute your project plan—people, equipment and materials. Managing those resources is part of how you deliver a successful project. Each task in your project plan will have project resources like people, time and a budget attached.

2021 331
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How to Write a Project Description: A Quick Guide

ProjectManager.com

A project description seems self-explanatory, but don’t underestimate a well-written project description as it sets your project up for success. It acts as a communication tool for stakeholders and shares the project vision in a clear and actionable fashion.

2023 358
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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. Once your business case is approved by the project stakeholders, you can begin the project planning phase. Project Definition.

2022 370
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20 Things For Your Project Management Plan [With 3 Free Templates]

Rebel’s Guide to PM

Your project management plan is more than just a schedule of work. A project management plan is a document that sets out how you are going to do what you’re going to do. It’s a guide to how the project will be managed. So what does go in the project management plan ?

2022 270
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Risk Analysis 101: How to Analyze Project Risk

ProjectManager.com

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project.

Risk 484
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Benefits Realization Management for Projects

MPUG

Two project managers are shortlisted to manage the project. The other project manager informs that with the Smart Website the following will occur: A 50% reduction in response time for prospective buyers. However, in this article, our focus will be on projects.

2019 119
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What is Project Time Management?

ProProfs Project Management

Project time management refers to skills, tools, and techniques, which businesses use to manage time while working on project activities. Time’ and ‘Deliverables’ are the two major factors that you need to take care of during the project life cycle.

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Project Integration Management – A Quick Guide

ProjectManager.com

Managing a project can be complicated, especially when different departments have to work together. As each department works on a project, each one likely uses a methodology that they’re most comfortable with to provide them with the results they want. This can make project collaboration between departments difficult, due to differences in process and methodology. What Is Project Integration Management? This is normal operational procedure for any project manager.

2018 265
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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

What Is a Project Management Methodology? A project management methodology is a set of principles, tools and techniques that are used to plan, execute and manage projects. There are many different project management methodologies, and they all have pros and cons.

2021 501
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Project Selection: Use These 8 Selection Methods for Better Strategic Results

ProjectManager.com

Projects need management. Much of the focus of project management is obviously on methodologies that keep your project on time and within budget. That’s where project selection comes in. What is Project Selection? All projects are risky, and some are very complex.

2022 318
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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

But creating a detailed budget is key to successful construction project management. One way to control your project billing is by defining the hard costs vs soft costs on a construction project. Hard costs are costs that are directly related to your construction project.

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How to Write a Business Case

ProjectManager.com

The need for a business case is that it collects the proposal, outline, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization. Projects fail without having a solid business case to rest on.

2019 493
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Optimal Resource Utilization: Formulas, Metrics, Best Practices

Teamweek

Are you tired of seeing your project profits shrink and your team members burnt out? Project managers optimize resource use and prevent team burnout by tracking the utilization rate, leading to increased profits and a more successful project. Project Management

2023 52
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How to Conduct a Feasibility Study

ProjectManager.com

What is a feasibility study and why is it so important for a project? Jennifer Bridges, PMP, explains what project managers need to know about feasibility studies in this short tutorial video. Here’s a screenshot of the whiteboard for your reference! And, will the project get you the ROI you expect? Jennifer suggested that it should be done during that point in the project life cycle after the business case has been completed.

2018 375
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Rough Order of Magnitude (ROM) Estimate and How to Calculate It (with example)

Rebel’s Guide to PM

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.

2021 409
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The 10 Project Management Terms You Should Know

MindGenius

The 10 Project Management Terms You Should Know. To achieve success within the field of project management, communication is essential, but this means ensuring everybody involved in the project is singing from the same hymn sheet. As with most other disciplines, project management has its own jargon, and this is often taught through project and programme management courses. Also included within the plan will be a work schedule and a budget for the project.

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What is project scope? (Plus 7 steps to help you define project scope)

Resource Guru

Project scope is the project manager’s best friend. It’s what we lean on throughout the project life cycle. It keeps us on the straight and narrow all the way to project success. As project managers, defining and planning projects is what we do.

2023 86
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Project Management Best Practices for Innovation and Co-Creation

ProjectManager.com

Jennifer Bridges, PMP, shows you practical steps you can take to innovate by using co-creation and project management techniques. Here’s a screenshot of the whiteboard for your reference. In Review – Project Management Best Practices for Innovation and Co-Creation. Project management is the practice of initiating, planning, executing, controlling and closing the work of a team to achieve specific goals and meet a specific success criterion at a specific time.

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Product Manager vs Project Manager - What's the Difference?

Brad Egeland

I came across this very good article from Indeed's editorial team when I was searching for differences between Product Owner and Project Manager. Product managers and project managers are two roles that are both associated with the planning, development and delivery of a product or project.

2022 198
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5 Steps to Project Closure (Checklist Included)

ProjectManager.com

So much time and effort is put into the planning of a project, it is often forgotten that the end of a project is equally important. There’s a lot of work involved even once a project is technically complete. Our free project closure template is a great resource to help you remember what remains left to be done. Not to mention, when you are ending one project, you’re likely beginning another. Steps to Closing a Project. Project Closure Checklist.

2019 398
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Resource Scheduling In Project Management: A Beginner’s Guide

Teamweek

Resource scheduling deals with assigning resources to project tasks and scheduling these tasks in a way that optimizes the use of resource availability and skills. Done right, it helps project managers meet project deadlines while ensuring project quality and better project profitability.

2023 52
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The Complete Glossary of 614 Project Management Terms

Workamajig

Project management terminology can be complicated. It doesn’t matter whether you’re working towards your PMP certification or simply managing projects casually in your organization, knowing core project management terms always helps. All Project Management Terms.

2021 78
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Closing A Project with MS Project

MPUG

A project, unlike an operation, is a temporary endeavor. Because of this fact, every project will have a beginning and an end. There can be multiple projects launched within a program life cycle or a product life cycle. References. [1]

Closing 109
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Project Resource Management: The Ultimate Guide on How to Master It

Rebel’s Guide to PM

Resources are the largest contributor to successful project delivery , and project managers spend significant time planning and managing their activities. Both resource and project managers work in tandem to develop resourcing strategies for projects.

2021 294
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How to Make a Scope Management Plan

ProjectManager.com

Scope can make or break a project. If you’re not keeping a finger on the scope of the project, it can quickly go off-track, messing up your schedule and depleting the budget. That is how many projects fail. Yes, scope management is one more constraint a project manager must master, but then project managers love making plans to overcome challenges. After all, the project manager is tasked with ensuring that the project reaches a satisfactory conclusion.

2019 215
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Dealing with Murphy’s Law in Project Management: How to Protect Your Projects from Failure

Epicflow Blog

Perhaps you know the pessimistic but cautious statement that can refer to any kind of activity: “If anything can go wrong, it will”. It’s applicable to any sphere of human life, and the field of project management is no exception. What Can Go Wrong in a Project.

2021 98