Remove Governance Remove Initiating Remove Project Life Cycle
article thumbnail

Back to Basics: What is Project Governance?

MPUG

In those days, most companies were taking new initiatives, as the dreaded Y2K problem had passed without creating any trouble. My organization started an initiative to upgrade our project management methodology. A Project Management Methodology is an integral part of project governance. Project Governance.

article thumbnail

The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. 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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is Project Life Cycle and What Are its Phases

ProProfs Project Management

You’ve probably heard about the project life cycle, and here we’ll be taking a closer look at this topic. . What is Project Life Cycle. Right from smaller investments to multi-million dollar projects, it requires specific and strict plans that everyone in the team should stick to. .

article thumbnail

Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Is it challenging to navigate the complex landscape of project governance frameworks? Many organizations face similar challenges in ensuring projects deliver tangible value while staying aligned with strategic priorities. Ready to take your project management efforts to the next level?

article thumbnail

10 Strategies for Successful Project Execution

ProjectManager.com

We’ll hear from experts and review key takeaways that project leaders can immediately put into practice in their programs and projects. What is Project Execution? During the five process groups of the project life cycle, there are multiple objectives and outcomes for each phase. Poor change management.

Executing 513
article thumbnail

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

The History of PRINCE2® PRINCE2® is part of the best practice guidance that came out of the UK Office of Government Commerce. It started life as the PROMPT methodology, created in a private UK company back in the 1970s. You should look at what happened on past projects because that helps mitigate risk on your current project.

Prince2 371
article thumbnail

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. Business cases are prepared during the project initiation phase and their purpose is to include all the project’s objectives, costs and benefits to convince stakeholders of its value.