Question

1.Describe the four stages to Project Life Cycle. Discuss in your own words the key documents likely to be utilized by the PM for each stage. Provide a template as an example for each one.

Answer 1

Four stages of Project Life cycle are - initiation, Planning, Implementation, Closure. Each phase has its own considerations.

Initiation phase :- In this phase project needs, objectives and requirements are identified out. All the mentioned things are documented well and also solutions and recommendations to those objectives and needs.After checking feasibility and other things final solutions and recommendations are documented after which project moves to planning state.

Planning phase:- The final solutions and recommendations from initiation phase are further studied in details and the required steps to complete objective are figured out. In this documents like quality plan, quality and control measures, quality targets,assurance plan, cost accounting are considered.

Implementation phase:- In this phase work is started as per Plan and objectives which were figured out earlier.The tasks and the progresses made are documented properly with what actions taken and with what precautions. The plan being executed and the proposed actions and plan are compared and studied and final solutions are made. If client accepts the plan project is ready for closures.

Closure phase :- During this final phase the final deliverables are handed over, team members and project resources are released.In this stage project manager notes down the quality of work done by team members and their overall performance.All the documents are handed over to clients and if accepted project is closed.