There are different schools of thought about the number of phases during a project. Direct & Manage Project lose project/Phase Acquire Project Team Develop Project Team Manage Project Team Manage ommunication onduct Procurement The model that is discussed here forms the basis for all methods of project management.

The project management life cycle is usually broken down into four phases: initiation, planning, execution, and closure. The project initiation phase is the most necessary phase in the project management life cycle where you define the purpose and also hires your project team. Seasoned project managers know it is often easier to handle the details of a project and take steps in the right order when you break the project down into phases.

Later chapters go into more depth regarding a model that is particularly appropriate for IT-related projects.

If the idea of project management seems rather abstract to you, bear in mind that there are a series of logical phases that you must go through to complete a project according to a series of guidelines and quality standards. Dividing your project management efforts into these five phases can help give your efforts structure and simplify them into a series of logical and manageable steps. This is not really a dedicated phase, but more an ongoing duty of the project management. By defining the purpose, scope and objective and a team of well-skilled members you can ensure to complete the project successfully. The project management plan should be approved by the project sponsor to kick off the project execution phase. Here are 4 essential project management phases and processes that will ease your team’s work and speed up your efforts.

It consists of four main phases, each comprising certain processes, with each process producing certain Project Management deliverables. Be smart enough when using project processes and don’t forget to change them as per the project … Phase 4: Project Performance & Control.

At the base of it, the PMBOK points-out that the number of phases is determined by the project team and type of project.

Start your free 30-day trial today. By thinking in terms of phases, you can ensure that the deliverables produced at the end of each phase meet their purpose, and that project team members (or sub-teams) are properly prepared for the next phase. Projectmanager.com is a cloud-based project management software that lets you easily plan, schedule and manage your projects online. In this Topic, we are going to learn about Project management life cycle.

Projects are a part and parcel of our professional life. Project Management Life Cycle. The project leader has to monitor the progress and quality of the project with respect to several factors:

Implementation: How to Execute the Project. It’s time to put the plan into action.

Phases, or stages, are very important for project managers. Different project managers or agencies may use slightly different terms to describe the project management life cycle phases in various projects, but fundamentally, they’re pretty much the same.

But the project may also have to purchase goods and services in order to reach the project goal. 4 phases of the project management life cycle. Some claim there are 3 phases, others say it’s 5. In the phases of the project management life cycle, you come up with the idea for a project, define its goals, plan for its execution, and guide it to completion. A generic project management lifecycle is illustrated in Exhibit 2. The phase-gate process is a lengthy undertaking, one that requires a powerful tool. Also, project management involves following an established project management methodology that follows a set if common project phases with processes that run across each phase. Project Phases. The Project Management and System Development Lifecycles.

Dividing a project into phases makes it possible to lead it in the best possible direction.

From this point on, changes must be made through the project change control methods described within the plan, which normally should include a re-approval by the project sponsor. From project managers to team members, having an understanding of the 5 phases of project management is essential for everyone, no matter their level of involvement. In the world of ever-changing technology and business trends, project management is in great demand.

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