Project Management Life Cycle

The Project Management Life Cycle has four phases: Initiation, Planning, Execution and Closure.

INITIATION
Develop a Business Case
Undertake a Feasibility Study

Establish the Project Charter
Appoint the Project Team

Set up the Project Office
Perform Phase Review

PLANNING
Create a Project Plan
Create a Resource Plan
Create a Financial Plan

Create a Quality Plan

Create a Risk Plan
Create an Acceptance Plan
Create a Communication Plan

Create a Procurement Plan

Contract the Suppliers

EXECUTION

Build Deliverables
Monitor and Control
Perform Time Management
Perform Cost Management

Perform Quality Management
Perform Change Management
Perform Risk Management
Perform Issue Management
Perform Procurement Management
Perform Acceptance Management

CLOSURE

Perform Project Closure
Review Project Completion

Perform Communication Management