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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.
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”
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
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
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
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!
Project life cycle
Project life cycle
Project life cycle
Project life cycle
Project life cycle
Project life cycle
Project life cycle

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Project life cycle

  • 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!