Project Life Cycle Phases (ENGLISH)

  1. Initiation
    • Purpose: Define the project at a high level.
    • Key activities:
      • Identify the need or business opportunity.
      • Develop the business case or feasibility study.
      • Define high-level objectives and scope.
      • Appoint the project manager.
      • Create the Project Charter.
  2. Planning
    • Purpose: Develop a roadmap to achieve the project goals.
    • Key activities:
      • Define detailed project scope (WBS – Work Breakdown Structure).
      • Estimate time, costs, and resources.
      • Develop the project schedule (e.g., Gantt chart).
      • Plan for risk management, communication, and procurement.
      • Create the Project Management Plan.
  3. Execution
    • Purpose: Perform the work defined in the plan.
    • Key activities:
      • Coordinate people and resources.
      • Manage teams and contractors.
      • Ensure quality control and communication.
      • Track and manage deliverables.
  4. Monitoring and Controlling
    • Purpose: Track performance and ensure the project stays on track.
    • Key activities:
      • Monitor schedule, cost, and scope.
      • Measure performance (e.g., Earned Value Analysis).
      • Manage changes (change requests).
      • Implement corrective and preventive actions.
  5. Closing
    • Purpose: Finalize all activities and formally close the project.
    • Key activities:
      • Handover final deliverables.
      • Close contracts and release resources.
      • Conduct post-project review.
      • Document lessons learned.

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