There are five key project management phases that can help streamline your next project and enable your team with an organized plan. These phases include initiation, planning, execution, performance, and closure.
Learn more about the five phases of the project management lifecycle and how to build your knowledge about this crucial framework. All projects follow a finite framework known as the project management lifecycle, which consists of five phases and moves from start to finish.
Project management has developed the means to increase the likelihood of successful completion. That starts by breaking a project down into project management phases. What are those projectphases? We’ll define them in detail.
Follow these nine essential stages in the project planning process to create your project plan 👇. 1. Determine the project goals and objectives. The first step in the project planning phase is to define the goals and objectives of your project.
The project management process brings all the other project tasks together and ensures that the project runs smoothly. Understanding the phases of project management—initiation, planning, execution, monitoring and control, and closure—is crucial for successfully managing any project.
Whether you’re a seasoned project manager or just starting out, understanding these phases is key to keeping your projects on track and your stakeholders satisfied. Although the term ‘phase’ implies that they are carried out in chronological order, in practice they can be performed out of order.
According to the PMBOK® Guide, a project management process includes five steps: initiating, planning, executing, controlling, and closing a project. This process outlines the stages a project goes through from start to finish.
In this article, we explore the five standard phases of the project management process and provide practical examples to help you implement them in your organisation.