Project management is a critical part of any successful business. It involves planning, organizing, and managing resources to achieve a desired outcome. The project management lifecycle is the process of managing a project from start to finish. It includes the planning, execution, and control of all aspects of the project. In this article, we will discuss the different stages of the project management lifecycle and how they work together.
Planning:
The planning phase of the project management lifecycle is the most important. During this phase, the project manager will develop a plan for the project, including goals, objectives, and tasks. They will also identify resources, create a timeline, and set a budget.
Execution:
Once the plan is in place, the project manager will move into the execution phase. This is where the actual work begins. The project manager will assign tasks to team members, monitor progress, and make adjustments as necessary.
Monitoring:
During the monitoring phase, the project manager will track the progress of the project. They will look for potential problems and take corrective action if needed. This is also when the project manager will review the budget and timeline to ensure that the project is on track.
Control:
The control phase is when the project manager will make sure that the project is meeting its goals and objectives. This is when they will evaluate the progress of the project and make any necessary changes to the plan.
Closure:
The closure phase is when the project is completed and the project manager will review the results. They will evaluate the success of the project and make any necessary changes to the plan.
Review:
The review phase is when the project manager will review the project with stakeholders and team members. This is when they will discuss the successes and failures of the project and make any necessary changes to the plan.
Evaluation:
The evaluation phase is when the project manager will assess the project’s performance. They will look at the results and make any necessary changes to the plan.
You might find these FREE courses useful
- Create a Project Management Dashboard
- Top Project Management: The Basics For Success
- Top Project Management: Life Cycle And Project
- Use Basecamp for Project Management
Maintenance:
The maintenance phase is when the project manager will monitor the project to make sure it is meeting its goals and objectives. This is also when they will make any necessary changes to the plan.
