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- Project Initiation Phase. Initiating the first phase of the project life cycle is all about doing a project kickoff meeting with your team and with the client, and getting their commitment to start the project.
- Project Planning Phase. After receiving approval to proceed in the initiation phase, you can begin project planning, typically using a Gantt chart tool.
- Project Execution Phase. This is the part of the project life cycle where you finally get to execute on your awesome project plan. You bring your resources onboard, brief them, set the ground rules, and introduce them to one another.
- Project Monitoring & Controlling Phase. This project management step involves reporting on performance and monitoring and controlling the project. That means ensuring the project is going according to plan, and if it isn’t, controlling it by working out solutions to get it back on track.
Definition. 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.
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Aug 8, 2024 · The project life cycle comprises five main phases: Initiation, Planning, Execution, Monitoring and Controlling, and Closure. Each phase serves a specific purpose and involves unique activities and deliverables. Project Initiation Phase. Project Planning Phase. Project Execution Phase. Project Monitoring and Controlling Phase. Project Closure Phase.
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 ...
- 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.
One key to success is understanding the project life cycle – a series of stages a project goes through from start to finish. The project life cycle includes five main stages: initiation, planning, execution, monitoring and controlling, and closure.
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Jan 26, 2023 · The project life cycle is made up of five project stages: project initiation, project planning, project execution, monitoring & control and project closing. Each of these phases is necessary for the effective delivery of the project.
