Project Life Cycle

Project Life Cycle

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
Project Life Cycle............................................................................................................................3
Analysis of Project Methodologies and Tools.................................................................................4
Critically evaluate the effectiveness of PLC....................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Project life cycle includes the different phases of project that are identified and
documented in project management methodologies. The project is divided into phases so that
company can increase their control and achieve their target. This project is based on operation
and project management which includes the application of project life cycle and also its criticism
while implementing on a project (Kordi, Belayutham and Che Ibrahim, 2021). The report
highlights the case study of Organisation in which there are several employees having different
roles and position. In Current Financial; year, company has focused on two business objectives
which includes reducing movement of employees from the premises as it creates congestion
issue in local area and encouraging workers to adopt healthy lifestyle and also reducing Staff
absenteeism.
Project Life Cycle
Project life cycle defines the stages of project form starting to finish, it provide a way
through which organisation can run better projects. It is important for the company to bring
project life cycle into order and structure so that it results better output. The project life cycle is
broke down into four stages they are initiation, planning, execution and closure. It is a process
through which firm can accomplish its project in successful manner. The project life cycle
provides various advantages to businesses such as it helps in increasing the communication
between employees, provides progressive evolution, defines project evaluation review, track the
progress, and also provide structure for delivery of project (Gonzalez Gonzalez and et. al., 2021).
The manager is responsible to create and develop a strong communication between the Staff so
that they can share their opinions and thoughts related to the project. Through structure review,
company can identify the progress of projects and also the issues which can impact the
performance of project. The project manager is responsible to allocate the roles and
responsibilities to each employee and also track the progress from initial stage to last stage. The
phases of project life cycle are as follows-
Initiation is the first stage of project life cycle in which the manager sets the goal of
project and hires team for completing the task. It is the responsibility of project manager to
establish clear goals that must be understandable by the employees so that they can contribute
their best while accomplishing the project. The main purpose of initial stage of product life cycle