The basics of good project management - Project life cycle 1 of 2 HD

The basics of good project management. This is Part 1 of 2 video. In this video you would learn about Product Life Cycle Business Case Project Life Cycle Project Phases Project Management Process Groups (PMP) 4 basic steps for a business case Step 1: Do nothing Step 2: Do the minimum Step 3: Do something Step 4: Difference between ‘Do nothing’ and ‘Do minimum/Do something’ is the actual benefit. 3 Types of Project Life cycles (based on PMBOK5) Predictive Life Cycle or Fully Plan Driven or Waterfall Iterative & Incremental Adaptive or Change Driven or Agile Project Phases Types of phases in a project. Sequential relationship Overlapping relationship Parallel relationship Project Hand off : Stage Gate, milestone, Phase review, Phase gate, Kill points Topics discussed. Product Life Cycle Flow chart Approach to a Business case to make decisions Types of Project Life Cycle Different Phases in a Project. Project Management Process Groups