Scribd
Upload
305 views6 pages

Project Life Cycle (5 Phases) : Initiation Planning Execution Monitorin G& Control Closure

The document outlines the 5 phases of a typical project life cycle: initiation, planning, execution, monitoring & control, and closure. Each phase has a defined objective and involves activities like developing plans and documents, executing work, tracking progress, and closing out the project. Key documents include a business case, project charter, work breakdown structure, and end of project report.

Uploaded by

karamveer singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
305 views6 pages

Project Life Cycle (5 Phases) : Initiation Planning Execution Monitorin G& Control Closure

The document outlines the 5 phases of a typical project life cycle: initiation, planning, execution, monitoring & control, and closure. Each phase has a defined objective and involves activities like developing plans and documents, executing work, tracking progress, and closing out the project. Key documents include a business case, project charter, work breakdown structure, and end of project report.

Uploaded by

karamveer singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Project Life Cycle (5 Phases)

Monitorin
Initiation Planning Execution Closure
g&
Control
Initiation
Project Life Cycle (5 Phases)
Objective
To define a project and obtain stakeholders approval to proceed

Activities
• Prepare and present business case to stakeholders
• Identify key team members
• Determine project objective and scope
• Determine estimated budget and resources
• Determine estimated project timeline

Documents
• Business case
• Project Charter
Planning
Project Life Cycle (5 Phases)
Objective
To develop clear project roadmap

Activities
• Establish project goals (KPI)
• Assemble right project team members and assign roles & responsibilities
• Finalize key processes, timeline, budget and resources required
• Determine possible risks & management strategies

Documents
• Responsibility Assignment Matrix (RAM)
• Work Breakdown Structure
• Activity Network diagram
• Gantt Chart
• Risk & mitigation plan
• Progress & performance tracking record
Execution
Project Life Cycle (5 Phases)
Objective
To execute & complete the project as agreed

Activities
• Execute project management plans
• Conduct meetings with project team and stakeholders on regular
basis
• Update project status and schedule whenever necessary
• Allocate and manage resources accordingly

Documents prepared or used


• Gantt Chart
• KPIs
Monitoring & Control
Project Life Cycle (5 Phases)
Objective
To monitor the progress of project performance against KPIs and
implement action if necessary

Activities
• Monitor and track the project progress against KPIs
• Conduct meetings with project team and stakeholders on regular
basis
• Update project progress status
• Implement contingency plan when things goes unexpected

Documents prepared or used


• Progress & Performance tracking record
Closure
Project Life Cycle (5 Phases)
Objective
To sign off and hand over completed project to client

Activities
• Determine & resolve project discrepancies
• Conduct project closure meeting with client
• Terminate contractors agreement
• Conduct post mortem

Documents prepared or used


• Project punch list
• End of Project Report

You might also like