by sachin sharma manipal jaipur

1. Project Life Cycle
• Project Life cycle is the series of phases that a project
passes through from its initiation to its closure
• All projects are divided into phases, and all projects
whether large or small are almost having similar life cycle
structure.
• Life cycle helps in determining work to be completed in
each phase of the project.

2. The Project Life Cycle
Define what is
to be done and
what is to be
produced
Define how the
work is to be
done, what is to
be used, and
who is be
assigned
Execute the plan –
do the work
keeping abreast of
situational impact
Review the
experience and the
results; concentrate
on “lessons
learned”

3. Project Initiation Process
• The steps involved in start up
1. State the business problem
2. Explain the business reasons to solve
3. Identify what is propose
1. Determine “doability”
2. Determine affordability
1. Establish scope
2. Establish Constraints
3. Define boundary conditions
4. State objectives
1. Determine needed skills
2. Assess available resources
3. Define training needs
4. Identify recruiting needs
5. Name the team
1. Appoint project leadership
1. Project Manager
2. Chief Engineer
3. Team leaders
2. Establish a project work area
1. Conduct a reality check
2. Obtain approval to proceed
1. Go/No go decision

4. Project Planning Process
• Detailed planning of the work to be performed
Create a set of plans that
address the critical success
components of a project
• Work
• Labor
• Materials
• Money
• Satisfaction/goodness
• Risks/mitigations
Determine/document
customer’s satisfaction
requirements
Determine/document plan
To communicate project
status and needs
1. Review procurement
requirements
2. Develop acquisition plan
3. Initiate procurement
1. Conduct a reality check
2. Obtain approval to
proceed
1. Go/No go decision

5. Project Execution Process
• Constructing the project deliverables
• Execute the Project Plan
• Manage the Project Plan
• Implement the project’s results
• Sign off on project’s completion
Communications
Management
Acceptance
Management
Change
Management
Procurement
Management
Quality
Management
Issue
Management
Cost
Management
Time
Management
Perform
Phase
Review
Build
Deliverables
Monitor &
Control
Risk
Management

6. Project Closure
• Review the experience
• Work and associated quality
• Team performance
• Cost experience
• Risk experience
• Procurement experience
• Discuss lessons learned
• Release dedicated resources
• Create the archive
• Final report to management
• Thank the team!