completing the project. The report must also contain information on the project feasibility,and the risks involved in the project.The important tasks of this phase are as follows:
Specification Requirements Analysis (SRA)
: It has to be conducted to determine theessential requirements of a project in order to achieve the target.
: To analyze whether the project is technically, economically and practically feasible to be undertaken.
: To understand and examine the various alternatives which could be considered
: To estimate the project cost, effort required for the project andfunctionality of various processes in the project
: choose a general design that can fulfill the requirements.
: evaluate the project in terms of expected profit, cost and risksinvolved
A project proposal is prepared by a group of people including the project manager. This proposal has to contain the strategies adopted to market the product to the customers.
This phase involves the study of inputs and outputs of the various project stages.Inputs received, consists of project feasibility study, preliminary project evaluation details, project proposal and customer interviews.Outputs produced, consists of system design specifications, functional specifications of the project, design specifications of the project and project plan.
In this phase the project manager and the team’s members work on the project objectives as per the plan. At every stage during the execution reports are prepared.
Control – Inspecting, Testing and Delivery Phase
During this phase, the project team works under the guidance of the project manager. The project manager has to ensure that the team working under him, implements the projectdesigns accurately. The project has to be tracked or monitored through its cost, manpower and schedule. The project manager has to ensure ways of managing the customer, marketingthe future work and ways to perform quality control work.
Closure and Post Completion Analysis Phase