3.Project Life Cycle

Project Management Life Cycle:
1.Initiation involves starting up the project, by documenting a business case, feasibility study, terms of reference, appointing the team and setting up a Project Office.
2.Planning involves setting out the roadmap for the project by creating the following plans: project plan, resource plan, financial plan, quality plan, acceptance plan and communications plan.
3.Execution involves building the deliverables and controlling the project delivery, scope, costs, quality, risks and issues.
4.Closure involves winding-down the project by releasing staff, handing over deliverables to the customer and completing a post implementation review.

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Видео 3.Project Life Cycle канала PMP - Project Management Professional