Every project, from software launches to skyscraper construction, follows a lifecycle—a roadmap that guides it from vision to victory. The Project Management Body of Knowledge (PMBOK) distills this journey into five distinct phases, offering a proven framework for navigating complexity and delivering results. Whether you’re a seasoned project manager or just starting out, understanding these... [Read More]| ProjectEngineer
Projects don't manage themselves. Professional project management requires the development of a plan that outlines how it will be managed. According to the Project Management Body of Knowledge (section 4.2), the project management plan fulfills this purpose. Although it includes any and all items that define the management of the project, there are certain standard items.... [Read More]| ProjectEngineer
The project manager is the ultimate authority responsible for the successful completion of a project. They establish the critical success factors and take responsibility for achieving them. The buck stops here. Usually the project manager inherits requirements that the project must work with, such as budget, stakeholder concerns, and so forth. These are codified within... [Read More]| ProjectEngineer
According to the Project Management Body of Knowledge (PMBOK), projects are divided into five phases. These phases are: Initiating. The project is authorized, funded and defined. This phase occurs on the organizational level (i.e. above the project). The organization defines a business need the project is meant to satisfy. Planning. The project manager develops a... [Read More]| ProjectEngineer
It's amazing how many projects do not know their true status until near the end, when there is little that can be done to ensure they finish on time or budget. The proper time to rigorously track project status is at the beginning, not at the end. This is when project risk can be managed and... [Read More]| ProjectEngineer
The largest projects in the world, from the summer olympics to big petrochemical projects, have one major thing in common at the project management level: A relentless focus on risk. What happens if there is a riot? Or a catastrophic explosion? What if protestors disrupt the project, or regulatory agencies reject it? These large megaprojects must allocate... [Read More]| ProjectEngineer
According to the Project Management Body of Knowledge (PMBOK), the foundation of project management rests upon the five phases that every project goes through: Project Initiation Project Planning Project Execution Monitoring & Controlling Project Closure Project Initiation This process group includes the basic groundwork necessary to create and define the project, usually on the organizational level.... [Read More]| ProjectEngineer