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A project life cycle is a framework comprising a set of distinct high-level stages required to transform an idea of concept into reality in an orderly and efficient manner. Life cycles offer a systematic and organised way to undertake project-based work and can be viewed as the structure underpinning deployment.
- What Is The Project Life Cycle?
- What Are The 5 Phases of The Project Management Life Cycle?
- Why Is The Project Life Cycle Important?
- When The Project Life Cycle Gets Complex
The project life cycle is the phases of a project that are necessary for the effective delivery of that project. It dictates the order of processes and phases a project goes through as it's completed, and describes the high-level workflow of the project. The PMI (Project Management Institute) has defined these five project management process groups...
Below, I go into each of the life cycle stages and explain what happens in each of the 5 phases of project management.
While the project life cycle might not sound that interesting, it is important because it’s what we as project managers lead and facilitate. The steps involved in any project are generally the same: define a project’s objectives, create a project plan to meet the objectives, and then make stuff happen to accomplish it. Different project managers or...
The project life cycle is simple, right? No, of course not! Like most things in life, projects are complex and involve a large number of variables, along with plenty of grey area. Get advice and help from 100s of other digital project managers by becoming a member and joining the conversation in Slack! You’ll also get access to 100+ templates, samp...
- Project Initiation Phase. The first phase in the project management life cycle is the initiation phase. This phase is the starting point for all projects when we need to make a positive decision about the objectives we need to achieve.
- Project Planning Phase. This phase of the project is essentially the plan that tells you where you are supposed to be in the first place. Without a plan, you have no idea if you are doing okay or not.
- Project Execution Phase. In the execution phase, work begins on implementing the project plan. This means putting it into action as soon as possible. The famous quote “Procrastination is the thief of time” holds very true for project execution.
- Project Control Phase. In the previous, execution phase, the process had started and now in this project management life cycle phase, the focus is on monitoring the processes as the work is performed.
Aug 8, 2024 · The project life cycle is a structured sequence of phases a project goes through from initiation to closure. Each phase represents a distinct stage in the project’s development, characterized by specific deliverables, tasks, and objectives.
The project life cycle is the series of stages a project undergoes from start to finish, providing a structured roadmap for the team. Each phase has its own purpose, guiding the project toward its objectives while minimizing risks, controlling costs, and achieving milestones. In construction, this lifecycle is typically divided into five main ...
Nov 29, 2023 · Within the project lifecycle, there are 5 project phases, as defined by the Project Management Institute: Project Initiation. Project Planning. Project Execution. Project Monitoring and Control. Project Closure.
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Mar 13, 2024 · The project life cycle is a comprehensive framework that delineates the stages a project passes through from its inception to its closure. This life cycle is pivotal in project management, as it lays out a systematic, step-by-step approach to planning, executing, monitoring, and closing a project.