PMP phases: Initiation defines project scope. Planning outlines tasks. Execution implements plan. Monitoring tracks progress. Closing ensures completion.

1. PROJECT
MANAGEMENT
5 PHASES OF

2. 1
The first step in transforming an intangible concept into
a worthwhile objective is the project commencement
phase. You must create a business case and provide a
general definition of the project at this point. You must
first ascertain the project's necessity and draft a project
charter before you can accomplish that.
PROJECT
INITIATION
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3. 2
Since it establishes the project's direction, the project
planning step demands total attention to detail. The
second phase of project management is anticipated to
take nearly half of the total project duration, unless you
are employing a contemporary project management
methodology such as agile project management.
PROJECT
PLANNING
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4. 3
The real work is done by your team throughout the
project execution phase. It is the responsibility of a
project manager to set up effective procedures and
keep a close eye on the work of their team. Keeping
project stakeholders continually engaged in productive
collaboration is another duty of the project manager
during this period.
PROJECT
EXECUTION
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5. 4
The third and fourth phases of the project management
process are not consecutive. In order to guarantee that
goals and project deliverables are fulfilled, the project
monitoring and controlling phase operates concurrently
with project execution. By defining Critical Success
Factors (CSF) and Key Performance Indicators (KPI), a
project manager may ensure that no changes are made
to the original plan.
MONITORING AND
CONTROLLING
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6. 5
PROJECT
CLOSING
The project management process ends with this stage.
Following the last delivery, the project comes to a close
at the project closure stage. Sometimes outside
expertise is brought on board especially for the project
under contract. It is the project manager's duty to
terminate these contracts and finish the required
paperwork.
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7. Important To Us