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Nov 29, 2023 · Learn how to break down the project management process into five phases: Initiation, Planning, Execution, Monitoring & Control, and Closure.
- 9 min
- 2020
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.
- 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.
- Initiating. In the initiation phase, you’ll define the project, including: Project goals, scope, and resources. Project purpose. What roles are needed on the team.
- Planning. In the planning phase, you’ll determine the steps to actually achieve the project goals—the “how” of completing a project. You’ll establish budgets, timelines, and milestones, and source materials and necessary documents.
- Execute and complete tasks. Executing a project means putting your plan into action and keeping the team on track. Generally this means tracking and measuring progress, managing quality, mitigating risk, managing the budget, and using data to inform your decisions.
- Close projects. In the closing phase of the project management lifecycle, you’ll conclude project activities, turn the finished product or service over to its new owners, and assess the things that went well and didn’t go so well.
- 10 min
- 354
- Project initiation phase. Project initiation is arguably the most critical phase of the project life cycle. That's because what happens here will set the tone and goals for what’s to come.
- Project planning phase. The project planning stage is where you’ll lay out the details of your entire project from beginning to end. The plan you create here will lead your team through the execution, performance, and closure phases of the project life cycle.
- Project execution phase. In this phase of the project life cycle, the team is off and running! The project execution stage is typically the longest in the project management process because it’s when the actual work is done.
- Project monitoring & control phase. The monitoring and control phase is all about making sure the project runs smoothly and things go according to plan.
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 ...
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May 13, 2024 · 1. 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 favourable decision about the objectives we need to achieve. It consists of a few steps. First, you need to identify the primary problem that the project will fix.
