When working on a project, it is essential to understand the various life cycle phases. This will help you allocate your team's focus and resources throughout the project. Each step focuses on a different area, such as communication, quality, risk, and procurement.
The first phase is the initiation phase, which involves gathering all the relevant stakeholders and putting together a project team. This phase also involves deciding on the project management methodology and budget. The next step is to set up project deliverables and schedules, including milestones, tasks, and communication plans.
The last phase, known as the closure phase, occurs at the project's end. Depending on the type of project, it may require additional deliverables, such as a final report. It should include the project's goals, objectives, and lessons learned. It should also have a team meeting, where the project team can thank all members and share the final results.
The Execution phase is the actual work phase, where the team implements the project plan. It is a very time-consuming phase and requires constant attention from the project manager. During this phase, the group focuses on delivering deliverables that satisfy the customer. The team leader assigns tasks and resources and monitors the progress of their team members.
Project phases are essential for successful project management, as each stage has a unique purpose. Managing each step appropriately will help you stay on schedule, manage the budget, and stay within scope. If you need to learn how to use the life cycle phases correctly, you could end up with a project that isn't complete or not up to the standard you expect.