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Project Life Cycle

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Siddharth Bhatiya
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18 views

Project Life Cycle

Uploaded by

Siddharth Bhatiya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Project Life Cycle

• Project Life cycle is the series of phases that a project


passes through from its initiation to its closure

• All projects are divided into phases, and all projects


whether large or small are almost having similar life cycle
structure.

• Life cycle helps in determining work to be completed in


each phase of the project.
The Project Life Cycle
Define what is
Review the to be done
experience and and what is to
the results; be produced
concentrate on
“lessons
learned”

Execute the plan Define how


– do the work the work is to
keeping abreast be done, what
of situational is to be used,
impact and who is be
assigned
Project Initiation Process
• The steps involved in start up
1. Appoint project leadership
1. Establish scope
1. Project Manager
2. Establish Constraints
2. Chief Engineer
1. Determine “doability” 3. Define boundary conditions
3. Team leaders
2. Determine affordability 4. State objectives
2. Establish a project work area

1. Determine needed skills


1. State the business problem 2. Assess available resources 1. Conduct a reality check
2. Explain the business reasons to solve 3. Define training needs 2. Obtain approval to proceed
3. Identify what is propose 4. Identify recruiting needs 1. Go/No go decision
5. Name the team
Project Planning Process
• Detailed planning of the work to be performed
Create a set of plans that
address the critical success
components of a project
• Work
• Labor
• Materials
• Money
• Satisfaction/goodness
• Risks/mitigations

1. Conduct a reality check


2. Obtain approval to
proceed 1. Review procurement
Determine/document
Determine/document plan
1. Go/No go decision requirements
2. Develop acquisition plan To communicate projectcustomer’s satisfaction
status and needs requirements
3. Initiate procurement
Project Execution Process
• Constructing the project deliverables
• Execute the Project Plan
• Manage the Project Plan
• Implement the project’s results
• Sign off on project’s completion

Perform
Phase
Review

Monitor & Build


Control Deliverables

Time Cost Quality Change


Management Management Management Management
Communications
Management
Risk Issue Procurement Acceptance
Management Management Management Management
Project Closure
• Review the experience
• Work and associated quality
• Team performance
• Cost experience
• Risk experience
• Procurement experience
• Discuss lessons learned
• Release dedicated resources
• Create the archive
• Final report to management
• Thank the team!

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