{"id":6662,"date":"2021-02-14T19:12:53","date_gmt":"2021-02-14T19:12:53","guid":{"rendered":"http:\/\/trkcreativegroup.com\/?page_id=6662"},"modified":"2024-11-19T11:08:30","modified_gmt":"2024-11-19T11:08:30","slug":"project-management-principles-and-life-cycle","status":"publish","type":"page","link":"https:\/\/maamcs.com\/index.php\/project-management-principles-and-life-cycle\/","title":{"rendered":"Project Management Principles and Life Cycle"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6662\" class=\"elementor elementor-6662\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-57d2c28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"57d2c28\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-74830d0\" data-id=\"74830d0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-05fb264 elementor-widget elementor-widget-heading\" data-id=\"05fb264\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Project Management Principles and Life Cycle\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ace03a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ace03a0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9890521\" data-id=\"9890521\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-070b822 elementor-widget elementor-widget-heading\" data-id=\"070b822\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Project Management Principles and Life Cycle\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a47d29 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a47d29\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6992b51\" data-id=\"6992b51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-647b841 elementor-widget elementor-widget-text-editor\" data-id=\"647b841\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">A holistic systems perspective of projects and programs is required today to achieve the full benefits of systems thinking in project management. This Comprehensive Project Life Cycle recognizes that there is always a Project Incubation\/Feasibility Phase prior to the currently existing Project Starting Phase of most project management (PM) standards, and also recognizes that there must be an additional Post-Project Evaluation Phase after the standard Project Close-out Phase. These phases are defined and discussed for two basic types of projects:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a01) Delivery or commercial projects and\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">2) Transformational projects.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0While many PM practitioners and authorities limit the scope of \u2018project management\u2019 to the traditional start-plan-execute-closeout phases, projects begin their existence before the traditional start phase and their products or results continue to exist and must be evaluated after the projects are closed out. The authors assert that these before and after phases must be recognized as belonging within the domain of project management. Regarding the Post-Project Evaluation Phase the need to differentiate between \u2018project success\u2019 and \u2018project value\u2019 is discussed<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Project Management Principles and Life Cycle Project Management Principles and Life Cycle A holistic systems perspective of projects and programs is required today to achieve the full benefits of systems thinking in project management. This Comprehensive Project Life Cycle recognizes that there is always a Project Incubation\/Feasibility Phase prior to the currently existing Project Starting<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-6662","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/maamcs.com\/index.php\/wp-json\/wp\/v2\/pages\/6662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maamcs.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/maamcs.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/maamcs.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maamcs.com\/index.php\/wp-json\/wp\/v2\/comments?post=6662"}],"version-history":[{"count":10,"href":"https:\/\/maamcs.com\/index.php\/wp-json\/wp\/v2\/pages\/6662\/revisions"}],"predecessor-version":[{"id":7801,"href":"https:\/\/maamcs.com\/index.php\/wp-json\/wp\/v2\/pages\/6662\/revisions\/7801"}],"wp:attachment":[{"href":"https:\/\/maamcs.com\/index.php\/wp-json\/wp\/v2\/media?parent=6662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}