The document outlines the key stages in a project management life cycle including initiating, planning, executing, controlling, and closing a project. It also lists common project elements like identification, objectives, time/resource estimates, stakeholders, risk analysis, and obtaining approval. The overall goal is to successfully transition a project from planning to operation.

1. Problems
Requests
Opportunity
Ideas
Issues
Initializing
Planning
Executing
Controlling
Closing
Business Life
Cycle
Transition
To
Operation
• Identification – Background – Observation - Scope
• Objective
• Estimated Time Resources Budget
• Key Stockholders
• Risk Analysis - What if not manipulated - Alternatives
• Approval – Business Case
Project
Mgmt