Project life cycle
Project life cycle
A project life cycle is the series of phases that a project passes through from its initiation to its closure.
It should not be confused with the Project Management Process Groups, because the processes in a Process Group consist of activities that may be performed and recur within each phase of a project as well as for the project as a whole. The project life cycle is independent from the life cycle of the product produced by or modified by the project
Project life cycle structure:
- Starting the project,
- How to obtaining authorization to begin project.
- Organizing and preparing,
- Developing comprehensive of project planning
- Carrying out the project work,
- Executing activities based on project planning
- Closing the project.
- Finalizing all activities of project
Successfully performing these processes requires the following:
✓ Information: Accurate, timely, and complete data for the planning, performance monitoring, and final assessment of the project
✓ Communication: Clear, open, and timely sharing of information with appropriate individuals and groups throughout the project’s duration
✓ Commitment: Team members’ personal promises to produce the agreed-upon results on time and within budget
✓ Communication: Clear, open, and timely sharing of information with appropriate individuals and groups throughout the project’s duration
✓ Commitment: Team members’ personal promises to produce the agreed-upon results on time and within budget