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The document outlines the five phases of project management: initiation, planning, execution, monitoring/controlling, and closure. In the initiation phase, a feasibility study is conducted to identify the project scope, deliverables, stakeholders, and develop a statement of work. During planning, a project plan is created, budgets are estimated, resources are gathered, and risks are anticipated. In the execution phase, tasks are organized and team members are briefed and communicated with to monitor quality and manage budgets. Monitoring/controlling actively reviews project status and implements necessary changes. Finally, in closure, project and team performance are analyzed, closure is documented, and reviews are conducted.








