Your Guide to Project Management Best Practices

Author: MyMG Team

project lifecycle template

Templates

Project Life-Cycle Template – Key Phases of the Generic Model

The ability of managing projects successfully greatly depends upon the right understanding of the phases and activities that create the project life-cycle. Because any kind of project is “a temporary endeavour undertaken to create a unique product or service” (PMI 2000), it is planned, managed and delivered under a definite life-cycle, or the process of by which the process is implemented. The life-cycle characterizes the constraint of time and defines how soon the project product/service will be produced and delivered. Let’s learn more about the point in this project life-cycle template. We’re going to talk about the definition of project life-cycle and provide an overview of the key phases and activities a conventional project steps through. Please feel free to leave your comments and other feedback.

project prioritization process

PM Tips & Ideas

Project Prioritization Process: Definition and Ranking Criteria

The need for project prioritization appears when an organization has two or more either independent or dependent (portfolio) projects that are performed in parallel. How to identify the most preferable projects for implementation at the given point of time? Finally, how to be sure that the right projects are being performed? In this article we are going to answer all these critical questions.

Project Appraisal Template

Templates

Project Appraisal Template

Appraising a project means reviewing and evaluating this project for feasibility and cost-effectiveness to understand and approve the project concept, which explains what problem/need to address and what solution to implement. This Project Appraisal Template is designed to help analysts and appraisers to assess and justify theirs projects. It comprises a range of steps and activities to be taken during the project initiation or pre-planning phase. The Template describes the method that is based on best practices of project management (PMI and PRINCE2 standards).

orientating new employees: a checklist

Templates

New Employee Orientation Checklist

Employee Orientation is a process of introducing just employed or appointed workers into their new workplaces. It is a part of the human resource (HR) management process to welcome newcomers and make sure they are aware of their new job duties and responsibilities. This New Employee Orientation Checklist explains how to orientate a new employee. It is designed for people from HR departments as well as managers and department heads. The checklist can be used as a template for planning employee training and orientation programs.

buying a business franchise

Business & Finance

Buying a Franchise Business – The Pros and Cons

deliberate decision on buying a franchise business should be made considering all the pros and cons of the deal. The greatest advantage of franchising for the owner is the ability to bring independent retailers together through using one and the same brand name, model, and business concept. Buying a franchise business means participating in distributing products or services through retailing channels owned by independent operators. Franchising makes it possible for the franchisor to growth the business while minimizing investment activities.