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2. Project Management Life Cycle
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• A Project Management life cycle is a five-step
framework planned to assist project managers in
completing projects successfully.

3. 5 PHASES OF PROJECT MANAGEMENT LIFE
CYCLE
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4. PROJECT INITITATION
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5. 2. Project Planning
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6. 3. Project Execution
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7. 4.Project Monitoring and Control
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• The project monitoring and control phase is all about
measuring the performance of the project and
tracking progress. It is implemented during the
execution phase. The main goal of this phase is to
check whether everything aligns with the Project
Management Plan, especially concerning financial
parameters and timelines.