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In this blog, we’ll explore the most important project management key performance indicators, commonly referred to as project management KPIs or simply project KPIs and the benefits of using them during the projectlifecycle. ProjectManager’s online dashboards are ideal for tracking project KPIs.
A Gantt chart is an essential project management tool, as its project planning, scheduling, and tracking features help manage the entire projectlifecycle. For this reason, we’ve created dozens of blogs, templates, eBooks and videos on how to make Gantt charts to help you master this process.
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. Let’s take a closer look at the initiation phase of a projectlifecycle, so that you can make sure your project can stand the test of time (and wind, should that be a factor).
The Project Management Book of Knowledge (PMBOK) defines the projectlifecycle as “the series of phases that a project passes through from its initiation to its closure.”. The standard projectlifecycle diagram is made up of five phases: Initiation. Controlling and monitoring.
Project execution is perhaps the most difficult stage of the projectlifecycle. And it’s where you’ll discover whether you can react and adapt as a team to push the project forward and over the finish line. Project execution software and tools: What should you use? What are project execution deliverables?
Collaborative teams may include project management experts, as well as other stakeholders and specialists required to execute a particular project successfully. Collaborative projects: Example 2 Let’s say you’re launching an eBook. It’s not just about collaborating during the project initiation or planning phase.
The PMBOK is structured into knowledge areas, process groups and project management processes. The knowledge areas cover key disciplines required to manage projects, while the process groups define the stages of a projectlifecycle. It focuses on achieving project objectives efficiently.
Related: 10 Free Stakeholder Management Templates for Excel & Word Stakeholder Engagement Process in Project Management The stakeholder engagement process ensures that all relevant parties are properly identified, analyzed, and involved throughout the projectlifecycle. Below are the key steps in the process.
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