xpointTM allows Lifecycles of all types to be configured to meet customers’ needs.
Many customers use a standard Project Management Lifecycle to provide Project Teams with a core set of steps, prompts, deliverables and tools. The PM Lifecycle supports many different types of projects, for example, an Office Refurbishment, an IT Project, a New Product Assessment, or a Marketing Project.
Basically, if the project is big enough to need some structure, and its success depends on a high degree of collaboration and alignment, then the Project Management Lifecycle will help the Team deliver results.
Often, a standard Project Management Lifecycle is based on a methodology such as Prince2 or the business’ own methodology. An example is shown below:
Having standard ‘language’, phases and deliverables, some of which may be mandatory, some of which are optional, enables organisations to manage many of their informal projects in a far more consistent way.