Stages in project management

The project management life cycle is complex, particularly when it overlaps with the different phases of delivery for the team. Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. One of the most basic competencies a project manager needs to know is what are the five stages of project management. In this final phase of the project management life cycle, your project is essentially over and your job as project manager on the project.

Initiating the project the project manager defines. What are the 5 phases of project management lifecycle. All aspects of how the project should happen are defined in the first and second stages. Every project, whether large or small, passes through four stages of project management. Phases of project management essential phases of project. Project management is the complete process of organizing, executing and controlling a project.

During the design stage, a construction management company begins the work of transforming a concept into a reality. Demystifying the 5 phases of project management smartsheet. His book, fundamentals of project management, outlines the lewis method of guiding a project. Knowing the key stages of a project life cycle can help you effectively manage a project and the team completing the tasks. In this article, we look at what a project life cycle is, the various stages. Project planning phase a project management plan is developed comprehensively of individual plans for cost, scope, duration, quality, communication, risk and resources. Change can happen but it is likely to involve unplanned cost.

The third step of project management process is execution. This paper examines the steps that can help project managers and project team members effectively acclimate themselves to joining inprogress project. These are the project management stages that any pm can use as a basic guide to understand how a project is progressing. The five stages of a project formal projects follow a five stage process as follows. In this article, well define the project management process and cover each phase of project management. Projects go through a distinct process, according to engineerpsychologist james p. This is the stage where the actual project output is delivered. Project management is a discipline that involves planning, organizing and monitoring a project within the constraints of time, budget and resources allocated for it. Whether youre in charge of developing a website, designing a car, moving a department to a new facility, updating an information system, or just about any other project large or small, youll go. This plan includes cost management, scheduling, quality management, resource management etc. This is a relatively rigid structure which does not allow for the project to move beyond the original scope. Whether the project is software development or new product launch or even movie, its management will progress through five life cycle phases. Phases of project management project is a collaborative set of operations, involving research or design that is carefully planned to achieve a certain objective.

This chapter provides a sketch of the traditional method of project management. To make your work easier, weve structured the entire project management process into 4 easytounderstand stages that can help you successfully take a project from beginning to its completion. This stage involves generating, evaluating and framing the business need for the project and the general approach to performing it, and agreeing to prepare a detailed project. Here are the five life cycle phases of project management. What are project management stages a project management life cycle is a fivestep framework planned to assist project managers in completing projects successfully. Ten stages of project management with the lewis method. The exact project metrics that relate to a given project will naturally determine which tools are most suitable for stage 4 of the project management process. For these individuals, there is much to learnabout the project, its targets, and their roles and goals. By thinking in terms of phases, you can ensure that the deliverables produced at the end of each phase meet their purpose, and that project. This marks the beginning of the project and is where the project charter is developed and where stakeholders are identified. Here are the 5 major phases in a project life cycle, which correspond to the project management process groups in the pmbok.

Traditionally, there are 5 stages of project management. Pmi defines project management as the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of a particular project. Once youve gotten through stages 3 and 4 of the project management process i. Youve moved through four of the project stages now its time to move on to the final step in the project management life cycle. Its important that you get a handle on these four key areas. Project management stages although there are different project management methodologies and approaches, most projects follow these stages. Project professionals are very often assigned to a project after the project has long been initiated. In brief, the five stages of project management are. Project management life cycle 5 phases of project life cycle. The knowledge of project management can be drawn from factors such as integration, scope, time, cost, quality, procurement, human resources, communications, risk management, and. It has always been practiced informally, but began to. At this stage, endtoend project planning is completed.

This final stage is a detailed project budget that essential people approve and agree to support. Many projects follow a predictive life cycle as a wellplanned project. What are the four stages of the project management life. These 5 stages create what is known as a project life cycle.