logo

Project Management Lifecycle - Doc

   

Added on  2020-03-16

9 Pages2182 Words66 Views
Running head PROJECT MANAGEMENT LIFECYCLE1Project Management LifecycleNameInstitution

PROJECT MANAGEMENT LIFECYCLE2Project Management LifecycleThe project management life cycle plays a significant role in assisting a team in preparingfor a project. It helps to analyze the process of the projects by focusing on the objectives for purposes of ensuring that the project is delivered on time. Also, for the project to be completed, ithas to be within the budget and addresses all the challenges (Khan, 1995). All project management cycle has five crucial stages: the initiation stage, planning stage, execution stage, monitoring stage and closure of the project stage.The initiation phaseThis is the first step of every project which aims at providing an overview of the project. It also focuses on the strategy that is proposed for to ensure that the job is completed (Barna, 2013). At the initiation stage is where the manager in charge of the project is selected. After the manager is selected in his or her duty to choose a team which will assist in ensuring the objectiveof the results is met. The manager is expected to have experience and skill to select a team that will be able to oversee the whole problem with minimal challenges (Stentoft Arlbjørn, Freytag &Thoms, 2015). To accomplish the objective of a particular project, there are various technological tools that can assist a project manager in the project management lifecycle (Parker,Parsons, & Isharyanto, 2015).The Planning PhaseThe planning phase of a project lifecycle is the most significant part of a project as it relates to the breakdown of all the procedures including assigning of every task to the responsible team. The planning phase provides details of the whole project from the begging to the end (Lee, 2009). Among the things involved in this phase are risk assessment and detailed

PROJECT MANAGEMENT LIFECYCLE3analysis of every phase to see the project complete. In summary, this phase will cover the stakeholders, working processes, channels used and the reporting frequency (Zwikael, 2009).The execution and control phaseThis step is equally important to the project management cycle as it relates to checks and balances of the whole project. It is necessary for any project manager to ensure that every activity of the project is adequately executed as well as controlled. This is the phase that checks whether the solution provided by the project specifically addresses the problem that it was meantto solve. In most cases, the convergence of a project is measured by prototypes and reviews are made regarding the outcome (Parker, Charlton, Ribeiro & Pathak, 2013).The closure phaseThis the final stage of a project management cycle and a manager should be checking whether every aspect of the project is working according to the plan to mark the completion of the project. During the closure phase, a report is drafted focusing on the acceptance of the project, learning outcomes and notifications to the relevant stakeholders that the project is completed.The organizational forms and stakeholders strategies play an important role in project management cycle. These two sections influence the development and verification of the business cases (Medina, 2014).Organizational forms and its impact on project management casesThere are several aspects of an organization that impact the result of a project. These forms are related to layers of authority, traction, budgetary allocations and challenges arising

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
(pdf) Life Cycle Assessment
|6
|1249
|64

Building Information Modelling !
|10
|2624
|136

Project Lifecycle Phases and Resources for Project Manager
|7
|1123
|379

Construction Management: Completion Stage
|18
|4598
|432

Agile Project Management
|13
|2668
|82

Organizing a Trip for Underprivileged Youngsters by Kids First
|34
|2021
|397