Project Life Cycle Phases: Initiation to Close

Project Map Phases

Concept and Initiation

Close

Performance Control

Launch or Execution

Definition and Planning

Define scope, create a project plan, a budget, define roles and identify risks

In this phase, there is a problem that needs to be fixed or a goal that wants to be achieved

Define goals, set targets, create a project charter and appoint the project team

Go into every detail of the project, identify weekly or even daily activities. Success depends on planning

Ongoing duty where questions are done: Are we going okay?

Build the product or process, lots of meetings and fix issues

Where tangible results happen, requires good management

Track effort and costs and monitor project targets

Hand over product to the customer, training, lessons learned

When the project is done and the final product is delivered, lessons are learned