5 Phases of Project Management: Planning for Success
Each phase includes a defined goal or objectives that define the results, outputs, methods, and milestones that are:
1. Project Initiation– Establish project objectives– Make a business case– Finish the project charter– Make a list of all stakeholders
2. Project Planning– Define the scope– Create a project plan– Create a budget baseline– Define roles and duties
3. Project Execution– Allocate project resources– Organize project resources– Create the product and the method– Meet frequently and resolve issues as they occur
4. Project Monitoring & Control– Keep track of time and money– Keep track of the project's progress– Ensure that the plan is followed– Avoid any potential disruptions
5. Project Closure– Hand over deliverables– Examine project deliverables– Approve the project's outcome– Record project learnings