Project Management Guide
Project Life Cycle Phases
Every project requires in-depth planning and near-perfect execution across the five stages of project development. This handy guide outlines how organizations and project managers can execute the five stages of the project life cycle as conceptualized by the nonprofit organization, the Project Management Institute.
The Five Project Life Cycle Phases
The project life cycle comprises of different phases which are specifically tailored to cater to specific requirements of the project – from start-to-finish. At the starting point, it helps to brainstorm the following questions with your team:
- What is the project's end-goal?
- What's the list of deliverables that need to be executed and reviewed?
- What resources and assets need to be involved in the project?
- What will the process-to-control and approve-each-stage look like?