Services & Departments

    Project Lifecycle

    The 5 Project Lifecycle Phases

    The project lifecycle is made up of five project stages: 

    • project initiation
    • project planning
    • project execution
    • monitoring & control
    • project closing

    Each of these phases is necessary for the effective delivery of the project.

     

    Purpose

    The initiation phase marks the beginning of the project and involves defining its purpose, scope, and objectives. This is where the project is conceptualized, and initial planning efforts begin. 

    Key Activities

    • Define project goals and objectives

    • Identify stakeholders and their expectations​

    • Develop a high-level project charter or initiation document​

    Purpose

    In the planning phase, detailed planning and organization take place. The project team develops a comprehensive project plan outlining tasks, timelines, resource requirements, and potential risks. 

    Key Activities

    • Create a detailed project plan, including a work breakdown structure (WBS).​

    • Allocate resources and budget.​

    • Develop a risk management plan.​

    • Establish a communication plan.​

    • Define quality standards and control measures. 

    Purpose

    The execution phase is where the project plan is put into motion. Tasks are executed, and resources are utilized according to the project plan. The project team works on producing deliverables and managing stakeholder expectations.

    Key Activities

    • Mobilize and organize the project team,​

    • Execute tasks and produce project deliverables.​

    • Monitor and manage project resources.​

    • Hold regular status meetings and communication updates.

    Purpose

    This phase occurs alongside the Execution Phase. It focuses on monitoring project performance, identifying and addressing issues, and ensuring that the project stays on track. It involves continuous assessment and control to meet project objectives.

    Key Activities

    • Monitor project performance against the plan.​

    • Implement change control processes.​

    • Resolve issues and risks as they arise.​

    • Conduct regular performance reviews and status updates.​

    • Ensure quality control and compliance with standards. 

    Purpose

    The closure phase signifies the end of the project. It involves completing final deliverables, obtaining client or stakeholder acceptance, and documenting lessons learned for future projects.

    Key Activities

    • Verify that all project deliverables are complete.​

    • Obtain formal acceptance from the client or stakeholders.​

    • Document and communicate lessons learned.​

    • Generate a project closure report.