What is the life cycle of the project?

The project life cycle is the process of taking over the project from the conception phase via Clowout. There are many steps in the project life cycle, and depending on the type of project, some may take significantly longer than others. Usually there is a project manager who is responsible for the overall success of the project. There are also various functional experts assigned as team members who are responsible for ensuring certain aspects of the project are properly implemented.

The first step in the project life cycle is the identification of need. This initial step defines the project and what the desired result will be. The project manager is assigned and a preliminary time line is developed to complete the project. If the financing has not been ensured, business justification and financing applications are submitted. There may also be meetings that decide how the project milestones will be measured and who will be responsible for each step of the project life cycle.

The second step in the life cycle of the project plans. Although he was duringThe initial phase submitted to the highest level plan, detailed milestone plans and implementation are defined during the planning phase. Each output is outlined together with the expected completion date. If there are more addictions, such as the task, it must be completed before the task that can start two, the Gantt graph often develops, so all team members know who is responsible for what.

The third step in the project life cycle is the design. This is a phase where all plans are put into action. Each team member proceeds with his desired task, while the project manager supervises to make sure everyone will stay as planned. The project manager also monitors milestones with regard to budgets to ensure that every milestone is completed the budget. If a particular task is at risk, the project manager will cooperate with team members to add more staff or money so that the whole project can remain in the plan.

The last step in the project life cycle is close up. During this phase, the individual tasks are completed and the whole project is submitted for approval. If the project was something specific, such as launching a new product or actual design, it also includes delivery to the end customer. Team members are released from their project duties and allow them to return to their normal jobs and the project manager presents a final report that states how the team played with regard to time lines and budgets. The report will often include suggestions on how to improve future projects based on the current project, so another project manager will know what he did and did not work well.