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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. The beginning involves the ever-so-important planning; then comes the middle, where teams complete various tasks to move the project closer to completion; and finally, an end to review what went well and what didn’t.

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Project Documentation: 10 Essential Project Documents

ProjectManager.com

Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start? This guide will define what project documentation is, why it is important and what are the top 10 project documents that you should always create to plan and execute your projects.

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What is ROM 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. What is a ROM estimate?

Estimate 290
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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. What is a ROM estimate used for?

Estimate 464
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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

The project charter template defines the project and shows the plan that will outline the milestones, tasks, dependencies and resource management plan. Project Budget Template All projects cost money. That’s why it’s an important project planning template.

Planning 395
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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

To create a realistic budget, you need to know the difference between these two costs. What are Hard Costs In Construction? Hard costs are costs that are directly related to your construction project. When it comes to budgeting, hard costs are easier to estimate.

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

ProjectManager.com

This is a project, such as the manufacture of cars, razor blades or other items that cannot be divided into smaller pieces but delivered as a whole. This method is about reducing the project cost by shortening the time necessary to complete the project. Opportunity Cost. Linear Programming.