The main phases of the project life cycle are Initiation, Planning, Execution, and Monitoring and Control. These phases guide the project from conception to completion, ensuring efficient use of resources and alignment with goals.
The main phases of the project life cycle include Initiation, Planning, Execution, and Monitoring and Control. These phases represent a comprehensive framework for managing projects from start to finish. During the Initiation phase, the project's feasibility, relevance, and objectives are assessed.
The Planning phase involves creating detailed roadmaps, schedules, and resource plans to guide the project. Execution is the phase where plans are put into action and the project deliverables are developed and completed. Lastly, the Monitoring and Control phase involves tracking the project's progress to ensure it stays on track, within budget, and according to quality standards, enabling timely adjustments when necessary.
These phases create a structured path for project development, aiming to optimize resources and ensure successful project outcomes.