PATRICK SORO National University – Manila

CONSTRUCTION MANAGEMENT College of Architecture

AR. VICENTE RELLEVE | 7-19-19

WHAT IS THE LIFECYCLE

OF A PROJECT?
The project management life cycle is a series of activities that are necessary to fulfil project
goals or objectives. These activities may go by different names, depending on the
REFERENCE:
methodology, but tend to be similar in nature. The PMI refers to them as “process groups”, Hen, Shelley. “What is the Project
and categorizes the project management life cycle as follows: Management Lifecycle?”. Clarizen Blog,
16 May 2017,
Initiation: nature and scope of the project
https://www.clarizen.com/project-
Planning: time, cost, resources and scheduling
management-life-cycle/, © 2019
Execution: processes used to complete the project Clarizen. All Rights Reserved.
Closure: formal end of project

1
What Is the Initiation Phase of the Project Management Life Cycle?

The initiation phase is the very first phase of the project management life cycle. should be assessed. At this time,
During this phase, a project manager must develop a business case for the you should be able to identify key
project. Whether they undertake a feasibility study or establish a project project achievements and
charter, making sure the rest of the team understands the importance of the milestones, document any
project is key. During this phase, a project team is appointed. lessons learned for future
projects and communicate the

2
What Happens During the Planning Phase? success of the project to
stakeholders and executives.
As you may have already guessed, a lot of planning takes place during this
phase. Depending on the specifics of your project, you may need to
complete all (or just a few) of the following:

(1) Project Plan (2) Resource Plan (3) Financial Plan (4) Quality Plan
(5) Risk Plan (6) Acceptance Plan (7) Communication Plan

3
(8) Procurement Plan “Whether you’re working
on a small project with
What is the Execution Phase of the Project Management Life Cycle? modest business goals or
a large, multi-

3
Two things happen during the execution phase. 1) deliverables are built, and departmental initiative
2) the project is monitored and controlled. In some cases, this means going with sweeping corporate
through time management procedures step-by-step, and in others it could implications,
mean performing a risk assessment so you can identify any risks you could
understanding the project
expect throughout the life of the project. Depending on your project, you may
need to perform all (or just a handful) of the following: management life cycle is
essential. Every project
(1) Time management (2) Cost management (3) Quality management has essential milestones
(4) Change management (5) Risk management (6) Issue management at the beginning, in the
(7) Procurement management (8) Acceptance management middle, and at the end,
(9) Communications management
following a path from
initiation to completion to

4
What Happens During the Closing Phase?
evaluation”.
The closing phase signifies the end of the project management life cycle.
During this phase, project managers are expected to tie up any loose ends
and perform any project closure activities. Once the project is closed, the -Working with an understanding of
project manager should review the project completion with their team. the project management cycle helps
During this review, the benefits and objectives should be measured, the you keep your project organized and
project spend should be compared to the budget, and final deliverables on track from ideation to
completion.