3. Project Management Life Cycle

Define goals

• Initiate

• Planning

• Execute

• Closing

Create schedule

• Initiate

• Planning

• Execute

• Closing

Identify resources

• Initiate

• Planning

• Execute

• Closing

Confirm project outcome is delivered and complete

• Initiate

• Planning

• Execute

• Closing

Manage budget breakdown

• Initiate

• Planning

• Execute

• Closing

Confirm stakeholders accept the completed work

• Initiate

• Planning

• Execute

• Closing

Create list of individual tasks

• Initiate

• Planning

• Execute

• Closing

Manage project progress

• Initiate

• Planning

• Execute

• Closing

Update team on project status

• Initiate

• Planning

• Execute

• Closing

Document what worked, what did not

• Initiate

• Planning

• Execute

• Closing