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Lecture 2 - Project Lifecycle
Lecture 2 - Project Lifecycle
2
PHASES OF A PROJECT
The Project Life Cycle:
A logical sequence of activities to accomplish the project’s
4
THE PROJECT LIFECYCLE
Initiating
Monitoring &
Executing
Controlling
Closing
5
INITIATION PHASE
Project sponsor is identified.
Scope and deliverables are defined.
8
IMPLEMENTATION (EXECUTION) PHASE
Project team is hired and developed.
Procurements take place.
9
MONITORING AND CONTROLLING
Includes:
Measuring the ongoing project activities:
12
EXERCISE
You all did a project in second year. Analyze and apply
the contents of slide 6 to your project.