Project Management Life Cycle » read source
Their Project Management Life Cycle walks clients through the phases, activities and tasks involved in managing a project, step-by-step. The project life cycle announced by MPMM.com also includes a suite of practical examples for each phase, activity and task. Each example provides a realistic deliverable for a sample project, to show managers what level of depth is required to build a successful deliverables from start to finish.
"It's the latest in project management tools" says Carmen Fell, Vice President of Product Delivery. "Project Managers need a framework within which they deliver projects, and the new Project Life Cycle we've released does exactly that. Managers and teams can complete every step needed to initiate, plan, execute and close a project, more quickly and easily than before. Every step in the lifecycle is described in depth, explaining what needs to be done, by whom and in which order. It's great" says Fell.
MPMM now also includes the templates and practical examples needed to deliver their projects on time. For every step in the life cycle, a project management template is provided to explain to managers, how to complete a particular task. "So if you take the Project Planning phase for instance, the Project Life Cycle explains which steps you need to complete to perform this phase efficiently. In this case, the project manager would need to complete a project plan, then create a resource and financial plan and round it off with risk and procurement plans to adequately plan their project,” stated Fell.
The template provides the outline of the sections that need to be completed and a procedural set of instructions are provided to help them do it. This saves managers and teams time when creating deliverables. The Project Life Cycle provided by MPMM contains 4 phases, being Project Initiation, Planning, execution and Closure. Within these 4 phases, there are 20 critical project management activities that are performed to successfully deliver projects.
“Our Project Life Cycle describes how to complete each of these tasks in depth, so the manager does not have to worry about recalling knowledge or tools from past projects. It then goes one step further by giving them the planning templates and practical examples that enable them to create those project deliverables faster and using less effort, than before. Our customers usually save 30% of the time required to create project deliverables by using templates and practical examples" says Fell. "And by saving this time, they gain a little contingency which reduces their overall project risk".
Based on the worldwide standards for project management, this Project Life Cycle was built by a team of experienced Project Managers, including well known project management author and entrepreneur Jason Westland. Created by project management experts, these templates have been designed to make your life easier by helping you quickly create project deliverables. Each template includes specific instructions, making it very easy to complete.