Well, every course, article and training provider out there is stressing about the importance of having a project plan. It’s as simple as that. A project plan will help you plan, execute and control your project, at least that is the official definition. I will like to state my personal view on the subject as…
Tag: Project Life Cycle
Project Life Cycle
One way of illustrating the unique nature of project work is in terms of the project life cycle. Some project managers find it useful to use the project life cycle as the cornerstone for managing projects. The life cycle recognizes that projects have a limited life span and that there are predictable changes in level of…
A Product Development Life Cycle May Contain Many Projects
One of the reasons project management techniques are increasing in popularity is because of their role in new product development. Whether the effort is a new drug, a new software product, a new model car, or a new baseball stadium, it is done one time and produces a unique product. Since product development has the…