Meaning and definition of Project cycle and Management Stages of Project cycle and management

1. M R . P R A H L A D A G
F A C U L T Y
D E P T . O F S O C I A L W O R K . U C A T
T U M K U R U N I V E R S I T Y , T U M K U R
Project cycle and Project
management

3. phases of the project management life
cycle
1. Initiation
2. Planning
3. Execution
4. monitoring/controlling
5. Closure

4. 1. Initiation
 Undertaking a Feasibility Study.
 Identifying Scope
 identifying deliverables:
 Identifying Project Stakeholders
 Developing a case:
 Developing a Statement of Work

5. 2. Planning
 Creating a Project Plan
 Estimating Budjet and creating a financial plan:
 Gathering resources:
 Anticipating Risks and potential quality roadblocks:
 Holding a Project Kickoff Meeting.

6. 3. Execution
 Creating tasks and organizing workflows:
 Briefing team members on tasks:
 Communicating with team members, clients, and
upper management:
 Monitoring quality of work:
 Managing budget:

7. 4. Monitoring/controlling
 Actively reviewing the status of project as it
proceeds,
 Valuating potential obstacles,
 implementing necessary changes.

8. 5. Closure
 Analyzing project performance:
 Analyzing team performance:
 Documenting project closure:
 Conducting post-implementation reviews:
 Accounting for used and unused

9. Thank
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