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How do I manage projects within the project life cycle?
What is a project management life cycle?
What are the 5 phases of project management?
What is project management & how does it work?
Nov 29, 2023 · Learn how to break down the project management process into five phases: Initiation, Planning, Execution, Monitoring & Control, and Closure.
- 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.
- 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.
Deliver your projects more effectively by defining project phases and using key project management processes. Find out what these are.
- Planning: How to Map Out a Project. When people think of project planning, their minds tend to jump immediately to scheduling—but you won’t even get to that part until the build-up phase.
- Build-Up: How to Get the Project Going. In the build-up phase, you bring your team together. Time estimates become schedules. Cost estimates become budgets.
- Implementation: How to Execute the Project. It’s time to put the plan into action. The implementation phase is often the most gratifying, because work actually gets done, but it can also be the most frustrating.
- Closeout: How to Handle End Matters. Though some projects feel endless, they all, eventually, come to a close. How do you, as project manager, know when to make that happen?
project objectives and align to the needs, uses, and acceptance requirements set forth by relevant stakeholders. f Project quality entails satisfying stakeholders’ expectations and fulfilling project and product requirements. f Quality focuses on meeting acceptance criteria for deliverables.
May 30, 2024 · The five project management phases help you meet the requirements of a project, which includes defining what needs to be done, who needs to do it, and how to keep everything on track. Let’s take a closer look at each phase.
