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The Project Life

Cycle

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Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 3: The Project Life Cycle
Phases of a project
• Initiation
• Planning
• Implementation
• Closing

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 3: The Project Life Cycle
Initiation phase
• Project sponsor is identified
• Scope and deliverables are defined
• Relationship to organizational goals is key
• Budget is approved
• Broad statements are made about risks, approach,
timelines
• Stakeholders are identified
• Project Manager is assigned
• At end of phase, approved project charter is the
approval to proceed to the planning phase

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 3: The Project Life Cycle
Planning phase

• A roadmap for a project managers.


• Deliverables are clearly defined
• Based on the deliverables, a work breakdown structure or WBS
defines the “work packages”
• The work packages are used to develop a schedule
• Plans are made for management of stakeholders, communication,
quality, costs, risks, procurement, resources including human
resources
• Form pre-planning and meeting with stakeholders, to research,
drafting, scheduling, and receiving final approval. All of these
steps and subtasks help contribute to a successful project that
aligns with the sponsor’s vision and overall objectives.
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 3: The Project Life Cycle
Implementation (Execution)
Phase
• Project team is hired and developed
• Procurements take place
• Project work is underway
• Project must be monitored and changes managed
• Communication to stakeholders is an important
ongoing activity
• Progress is continuously monitored and appropriate
adjustments are made and recorded as variances form
the original plan.
• a project manager spends most of time in this step.

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 3: The Project Life Cycle
Closing phase
• Reporting
• Closing out procurements—final payments
• Identify lessons learned
• Celebrate

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 3: The Project Life Cycle
Summary
• Project Phases
• Initiation
• Planning
• Implementation (Execution)
• Closing

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 3: The Project Life Cycle
Questions?

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 3: The Project Life Cycle

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