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Project Life Cycle

The document discusses the typical project life cycle process, which consists of 4 phases - initiation, planning, execution, and closure. In the initiation phase, the need for the project is identified and objectives are determined. In planning, the project is broken down into tasks, a team is built, and a schedule is created. Execution involves implementing the plan and keeping the project on track. Finally, in closure, final deliverables are provided, resources are released, and the project is evaluated for success. The document provides examples of government projects in India like the Sagarmala Project and Bharatmala project.

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Rakshith S
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Download as PDF, TXT or read online on Scribd
8 views

Project Life Cycle

The document discusses the typical project life cycle process, which consists of 4 phases - initiation, planning, execution, and closure. In the initiation phase, the need for the project is identified and objectives are determined. In planning, the project is broken down into tasks, a team is built, and a schedule is created. Execution involves implementing the plan and keeping the project on track. Finally, in closure, final deliverables are provided, resources are released, and the project is evaluated for success. The document provides examples of government projects in India like the Sagarmala Project and Bharatmala project.

Uploaded by

Rakshith S
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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PROJECT LIFE CYCLE

• A project is a series of tasks that need to be


completed in order to reach a specific outcome.
• A project can also be defined as a set of inputs
and outputs required to achieve a particular
goal.
• Projects can range from simple to complex and
can be managed by one person or a hundred.
• Projects are often described and delegated by a
manager or executive.
Project life cycle

• The Project life cycle refers to the four-step


process. This is the standard project life cycle
most people are familiar with.

• The Project Life Cycle provides a framework for


managing any type of project within an
organisation.
1. INITIAL STAGE :
In the initiation phase of the project, one identify the need, problem, or
opportunity and brainstorm ways that team can meet this need, solve this
problem, or seize this opportunity.
During this step, one figures out an objective for the project, determine whether
the project is feasible, and identify the major deliverables for the project.

Steps for the project initiation phase may include the following:
•Identifying the primary problem of project
•Identifying scope
•Identifying deliverables - Defining the product or service to provide
2. PLANNING :

❑In this phase, break down the larger project into smaller tasks, build your team,
and prepare a schedule for the completion of assignments.

❑During this phase, organization create smaller goals within the larger project,
making sure each is achievable within the time frame. Smaller goals should
have a high potential for success.
•Creating a project plan
•Creating workflow documents or process maps
• Estimating budget and creating a financial plan
•Gathering resources
•Anticipating risks and potential quality roadblocks
3. EXECUTION :

The execution phase turns the plan into action.

The project manager’s job in this phase of the project management life cycle is
to keep work on track, organize team members, manage timelines, and make
sure the work is done according to the original plan.
1. Creating tasks and organizing workflows
2. Briefing team members on tasks
3. Communicating with team members, clients, and upper management
4. Monitoring quality of work
5. Managing budget
4. CLOSURE :
In the closure phase, provide final deliverables, release project resources, and
determine the success of the project.

Just because the major project work is over, that doesn’t mean the project
manager’s job is done there are still important things to do, including evaluating
what did and did not work with the project.
1. Analyzing project performance
2. Analyzing team performance
3. Documenting project closure
4. conducting post-implementation reviews
5. Accounting for used and unused budget
Some of the government projects of India 2018-2019 are :

Sagarmala Project

Bharatmala project
CONCLUSION :

Every project on any scheme has 4 phases . The purpose of implementing


projects can differ based on its cause or problem
In spite of the cause of the projects the steps remain the same .
It is more effective if the projects are based on bottom up approach rather
than top down approach because only then the needs of the community
can be met .
It is more effective and gains better results.
Some of the government projects have failed because it was top down
approach.
THANK YOU
!!

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