ABSTRACT

An effective project management methodology is not just about focusing on life cycles, but also about shortening a company's strategic goal delivery life cycle. There are many project life cycle model designs based on the project's goal objective, complexity, and bias toward planning. Each one has some unique aspect of its structure and phasing. Small projects typically will combine project logical groups and exhibit a lesser level of planning detail and control. The Project Management Body of Knowledge would suggest that the various knowledge areas always be reviewed before deciding to omit them from formal consideration. Most projects have some formal examination review steps regarding technical, political, resource, or economic aspects of the project. Organizations typically develop reusable templates for various types of project documentation and these provide a good starting point for laying out a reasonable process approach to a new project.