1. Initial phase
This phase of the project life cycle consists of two separate phases, stakeholder identification and registration and the project charter. This phase consists of determination of the vision for your project, documentation of what you hope to accomplish through a business case, and securing of approvals from the stakeholders. Then under business/Organisation charter, these are vital, business case, project scope, deliverables, objectives, resources needed, milestone plan and timeline, Cost estimates, risks and issues dependencies among others.
2. The planning phase.
This phase helps in answering questions like,
1. What exactly are we going to do?2. How are we going to do it?
3. When are we going to do it?
4. How will we know when we’re done?
This will involve team work. This plan should have the Project management plan, project scope, Work breakdown structure (deliverables, work components, individual tasks), resource plan, budget estimation.
3. The execution phase
This is where team development, stakeholder engagement, quality assurance, communications, client management are very vital.
Monitoring and controlling phase
When in the monitoring and controlling phase you will need to make sure that you can keep an eye on the overall progress of the project as well as individual aspects, staying vigilant and keeping up to speed with tracking and reporting with the team, so you are aware of any potential problems before they get out of hand.
It is also worth having another member of the project team (or one from each department) to act as another quality controller or reporter, so as to help you in keeping track of everything and having regular meetings to update on all aspects, so everyone is kept on track.
4. The Closing phase
This is the final phase of the project life cycle which is more than simply checking off the project. It is essential to formally close the project and secure a sign-off or approval from the customer, stakeholders, and/or project sponsor. This process might include, delivering the project, hosting review meetings, archiving project records, celebrating or acknowledging the achievement, officially disbanding or releasing the team.
