Method123

A project lifecycle at your business can take several paths. This is just like the name calls it; a cyclic pattern that a project can circulate until a deliverable is created that meets the projects objectives. The project lifecycle is the chosen path for many manufacturers when there is some doubt or the deliverable is in a new area of business. Unlike the waterfall methodology that runs in a start line downhill not allowing for further development of the item being produced, the project life cycle does. While every deliverable that goes thru a project lifecycle does not always need to be further developed, the possibility does exist. This path is a way of recovering a product instead of just having to start from scratch again. A project lifecycle has 4 main areas, the initiation, planning, execution and them conclusion. Each of these phases plays an important role in the development and process of delivering an item to a customer. The initiation phase of a project lifecycle is the

Project Management Methodology Implementation is closely linked with the Controlling Services, as follows: - Implement Governance. Methodology and governance are closely linked. Project Management Methodology creates a framework for what specific decisions and processes are needed. Governance defines who should make each decision and be accountable for each process. Governance, therefore, extends the project management methodology to all people in all roles in the company, and beyond using specific project management software. Implementation of governance is a way to extend the methodology so that it includes all project stakeholders, not just project teams. This improves communication, leading to higher quality and more efficiency. - Perform Assessments. Most assessments will be used to determine the overall state of use of the project management methodology across the organization. An assessment is a general checkup telling the PMO how well the methodology is being used. - Perform Re