Which of the following choices is not one of the stages of a project life cycle
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Posted by: Lucid Content Team The 4 Phases of the Project Management Life Cycle
Whether you’re working on a small project with modest business goals or a large, multi-departmental initiative with sweeping corporate implications, an understanding of the project management life cycle is essential. Learn the four phases of the project management life cycle to keep your project organized and on track from initation to close. Project management life cycle overviewThe project management life cycle describes high-level processes for delivering a successful project. Wasted money and resources can be prevented with effective project management, as more than half of unsuccessful projects fail due to communication breakdown. 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. 4 phases of the project management life cycleThe project management life cycle is usually broken down into four phases: initiation, planning, execution, and closure. These phases make up the path that takes your project from the beginning to the end. Note: Some methodologies also include a fifth phase—controlling or monitoring—but for our purposes, this phase is covered under the execution and closure phases. 1. InitiationFirst, you need to identify a business need, problem, or opportunity and brainstorm ways that your team can meet this need, solve this problem, or seize this opportunity. During this step, you figure out an objective for your project, determine whether the project is feasible, and identify the major deliverables for the project. Project management steps for the initiation phaseSteps for the project initiation phase may include the following:
Dive deeper into tools that can help you accurately scope your next project. Learn more 2. PlanningOnce the project is approved to move forward based on your business case, statement of work, or project initiation document, you move into the planning phase. During this phase of the project management life cycle, you break down the larger project into smaller tasks, build your team, and prepare a schedule for the completion of assignments. Create smaller goals within the larger project, making sure each is achievable within the time frame. Smaller goals should have a high potential for success. Project management steps for the planning phaseSteps for the project planning phase may include the following:
Get started by mapping out all process steps and responsibilities in this workflow diagram template. 3. ExecutionYou’ve received business approval, developed a plan, and built your team. Now it’s time to get to work. The execution phase turns your plan into action. The project manager’s job in this phase of the project management life cycle is to keep work on track, organize team members, manage timelines, and make sure the work is done according to the original plan. Project management steps for the execution phaseSteps for the project execution phase may include the following:
If you have a properly documented process already in place, executing the project will be much easier. Depending on the project management methodology you follow, there are many visual tools that you can apply to see which deliverables have been completed ensure that your project remains on track. Use our project tracking templates to help organize your project management. Click the Kanban board and Gantt chart templates below to learn more. Scrum Board Example (Click on image to modify online) Gantt Chart Example With Progress Bar (Click on image to modify online)4. ClosureOnce your team has completed work on a project, you enter the closure phase. In the closure phase, you provide final deliverables, release project resources, and determine the success of the project. Just because the major project work is over, that doesn’t mean the project manager’s job is done—there are still important things to do, including evaluating what did and did not work with the project. Project management steps for the closure phaseSteps for the project closure phase may include the following:
By remaining on task even though the project’s work is completed, you will be prepared to take everything you’ve learned and implement it for your next project. Which of the following is not one of the stage of a project life cycle?so Costing is not a stage of Project Life Cycle.
What are the five stages of the project life cycle?What are the five stages of the project life cycle?. Initiating.. Planning.. Executing.. Monitoring/controlling.. Closing.. What is the project life cycle?The Project Lifecycle is the sequence of phases through which a project progresses. It includes initiation, planning, execution, and closure.
What is the first stage of project life cycle?Initiation is the first phase of the project lifecycle. This is where the project's value and feasibility are measured.
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