This advisor uses the PMI (Project Management Institute) guidelines and best practices as a basis for project management. PMI uses the Project Management Book of Knowledge (PMBOK) as
best practices that specify the following main activities shown in the PMBOK circle shown below:
- Initiation
- Planning
- Execution
- Monitoring and Control
- Closing
Above mentioned activities also known as Project Life Cycle.The Project Life Cycle refers to a logical sequence of activities to accomplish the project’s goals or objectives. Regardless of scope or complexity, any project goes through a series of phases during its life. There is first an Initiation phase, in which the outputs and critical success factors are defined, followed by a Planning phase, characterized by breaking down the project into smaller tasks, an Execution phase, in which the project plan is executed, in Monitoring and Control phase, it is to ensure project activities are properly executed and controlled. During the phase, the planned solution is implemented to solve the problem specified in the project's requirements and in last Closing phase of project , that marks the completion of the project. Project activities must be grouped into phases because by doing so, the project manager and the core team can efficiently plan and organize resources for each activity, and also objectively measure achievement of goals and justify their decisions to move ahead, correct, or terminate.
This advisor will systematically guide you through these steps. |
