THE "WHAT"
All IT projects are constrained by three factors: time, cost and scope. For a project to be successful, these three constraints must be synchronized - If any them is out of balance, the project is headed for disaster.
IT projects move through the following phases in the Project Management lifecycle, with each phase containing processes which move projects from idea to implementation:
- Initiating
- Planning
- Executing
- Monitoring and controlling
- Finalizing