Project Life-cycle

Project life-cycle or project stages are parts or faces of projects that provide a structured pathway from the start of a project until finish.

A number of authors and project management professionals include different stages based on the business “nature” of the project, previous experience, organisational cultural aspects and business environment.

In some cases the following four stages are identified:

• ·         Initiation

• ·         Planning

• ·         Monitoring and controlling

• ·         Closure

The above mentioned points have a management basis and serve as a general guide.

In other cases projects are broken down into more stages, such as:

• ·         Initiation

• ·         Planning

• ·         Execution

• ·         Monitoring & controlling

• ·         Closure

Arguably, project management professionals can select, incorporate and blend project stages based on project parameters such as cost, quality and time.

Project Management

Project Management is a dynamic filed of management practice that has multilateral applications in various professional fields.

This blog aims to assist students in the area of project management to demystify terminology, methodologies and theory applications.

Fundamental aspects of project lifecycles, scope, quality, cost and time will be reviewed periodically, adding perspective in human resource management, communication and reporting of project status.

BL