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7 Tools That Can Mitigate Project Risk Project Management Lifecycle Update

7 tools that can mitigate project risk management lifecycle update  scope time cost creep

Category : Project Management.
Topic : Project management scope time cost. Author : Mertise Shaw.
Posted : Wed, Feb 27th 2019 02:47 AM.
Format : jpg/jpeg.

There are typically 5 phases to any project. Some phases may only have a couple of things that happen within them, but there are about 5 phases nonetheless. The phases are Initiation, Planning, Executing, Controlling and Closing. We will take them one at a time, and remember, it is more about the methodology than anything else. Effective project management always seeks to break down the enormity of the project into manageable parts. These manageable parts are called phases. One more thing before we begin...sometimes it is easier to apply a scenario or hypothetical situation to help us understand a concept. We will use Planning a Wedding as our scenario to help us understand various points or concepts.

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