Remove Communications Management Remove Project Cost Remove Project Life Cycle
article thumbnail

Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

Now that we’ve determined what a project is, we can define project management as a discipline. What Is Project Management? Project Life Cycle The project life cycle describes the five phases all projects go through. Here’s a quick overview of each.

article thumbnail

How to Actually Develop a Project Management Plan

Project Risk Coach

Project Schedule Management Plan Define how you will plan schedule management, define activities, sequence activities, estimate activity durations, develop the schedule, and control the schedule. Project Cost Management Plan Define how you will plan cost management, estimate costs, determine the budget, and control costs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Complete Guide to PMIS

ProjectManager.com

PMIS is made to support all aspects of project management and the information they monitor or collect. That’s a lot of information to keep track of, and when managing a project, it is crucial to be able to immediately pluck that information required at that moment out from all that data.

article thumbnail

What is Project Management

MPUG

The PMI also notes that a project is typically different from ongoing operations or business as usual and that it requires the coordination of various resources and activities in order to achieve its objectives. From start to finish, a project usually goes through 5 phases, called the Project Life Cycle.

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project's cost and/or duration are calculated by adding the cost/duration of all its constituent activities. Most project management plans also include an HR management plan.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the project life cycle. . Control Costs . Cost Management . Cost Management Plan . Direct Costs .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the project life cycle. . Control Costs . Cost Management . Cost Management Plan . Direct Costs .