5. What is project initiation?
Project initiation is the first step in starting a new project.
During the project initiation phase, you establish why
you’re doing the project and what business value it will
deliver—then use that information to secure buy-in from
key stakeholders.
Why does the project initiation phase matter?
Starting a new project is exciting, but it’s important to make sure your
initiative will actually add value before jumping into the planning phase.
That’s where project initiation comes in—it offers a structured approach to
demonstrate your project’s business case and prove that the work you’ll do is
feasible. Project initiation also ensures that you loop in stakeholders early on,
so you can secure essential resources, gain visibility for your project, and
prevent costly roadblocks down the road.
6. What is project initiation?
Project initiation is the first step in starting a new project. During the project
initiation phase, you establish why you’re doing the project and what business
value it will deliver—then use that information to secure buy-in from key
stakeholders.
Why does the project initiation phase matter?
Starting a new project is exciting, but it’s important to make sure
your initiative will actually add value before jumping into the
planning phase. That’s where project initiation comes in—it offers a
structured approach to demonstrate your project’s business case
and prove that the work you’ll do is feasible. Project initiation also
ensures that you loop in stakeholders early on, so you can secure
essential resources, gain visibility for your project, and prevent
costly roadblocks down the road.
7.
8. What is a project planning?
Project planning is the second stage in the project management
process, following project initiation and preceding project
execution. During the project planning stage, the project manager
creates a project plan, which maps out project requirements. The
project planning phase typically includes setting project goals,
designating project resources, and mapping out the project
schedule.
What is a project plan?
A project plan—sometimes called a work plan—is a blueprint of the goals, objectives, and
tasks your team needs to accomplish for a specific project. Your project plan should include
information about your project schedule, scope, due dates, and deliverables for all phases of
the project lifecycle. But not all project planning processes are created equal—which leads
some teams to underutilize them or skip over them completely. To write an effective project
plan, you need to be methodical (follow a series of steps), specific, and clear when it comes
to your ideas and execution strategy.
9. What is a project planning?
Project planning is the second stage in the project management process, following
project initiation and preceding project execution. During the project planning stage, the
project manager creates a project plan, which maps out project requirements. The
project planning phase typically includes setting project goals, designating project
resources, and mapping out the project schedule.
What is a project plan?
A project plan—sometimes called a work plan—is a blueprint of the
goals, objectives, and tasks your team needs to accomplish for a
specific project. Your project plan should include information about
your project schedule, scope, due dates, and deliverables for all
phases of the project lifecycle. But not all project planning processes
are created equal—which leads some teams to underutilize them or
skip over them completely. To write an effective project plan, you
need to be methodical (follow a series of steps), specific, and clear
when it comes to your ideas and execution strategy.
10.
11. Project execution
In the execution phase, your team will focus on
achieving the objectives that were set. They will
use the information gathered in the first two steps
to create and launch the project within the
specified timeframe using teamwork and
collaboration. Start by assigning tasks to team
members.
Why is a project execution plan important?
Creating and implementing a detailed execution plan is
important because you can clearly organize all of your
deliverables, tasks and milestones to easily understand if the
project is on task to meet the company's or client's goals.
12. Project execution
In the execution phase, your team will focus on achieving the
objectives that were set. They will use the information gathered in
the first two steps to create and launch the project within the
specified timeframe using teamwork and collaboration. Start by
assigning tasks to team members.
Why is a project execution plan important?
Creating and implementing a detailed execution plan is
important because you can clearly organize all of your
deliverables, tasks and milestones to easily understand if
the project is on task to meet the company's or client's
goals.
13.
14. Project management monitoring and controlling means actively
reviewing the status of your project as it proceeds, evaluating
potential obstacles, and implementing necessary changes.
Monitor Key Performance Indicators (KPIs): Monitoring KPIs keeps project
deliverables on track and performance up to date. Project managers use data on
timelines, budgets, and quality to enable better decisions, make changes to avoid
problems, and capitalize on opportunities.
What do we monitor in project management?
Monitoring a project means ensuring that the project is going as planned and that
tasks within the project are being completed. There are many metrics that require
monitoring, such as the budget, the time taken to completion and the standard of
quality. The importance of each depends on the nature of the project
15. Project management monitoring and controlling means actively reviewing the status of
your project as it proceeds, evaluating potential obstacles, and implementing
necessary changes.
Monitor Key Performance Indicators (KPIs): Monitoring KPIs
keeps project deliverables on track and performance up to date.
Project managers use data on timelines, budgets, and quality to
enable better decisions, make changes to avoid problems, and
capitalize on opportunities.
What do we monitor in project management?
Monitoring a project means ensuring that the project is going as planned and that
tasks within the project are being completed. There are many metrics that require
monitoring, such as the budget, the time taken to completion and the standard of
quality. The importance of each depends on the nature of the project
16. Project management monitoring and controlling means actively reviewing the status of
your project as it proceeds, evaluating potential obstacles, and implementing
necessary changes.
Monitor Key Performance Indicators (KPIs): Monitoring KPIs keeps project
deliverables on track and performance up to date. Project managers use data on
timelines, budgets, and quality to enable better decisions, make changes to avoid
problems, and capitalize on opportunities.
Monitoring a project means ensuring that the project is going
as planned and that tasks within the project are being
completed. There are many metrics that require monitoring,
such as the budget, the time taken to completion and the
standard of quality. The importance of each depends on the
nature of the project
17.
18. What Is Project Closure?
Project closure is the critical last phase in the project
management lifecycle. During project closure, the team
reviews the deliverables, then compares and tests its quality
to the intended project outcome. Then they share the
deliverables with the project's client.
The three phases of project closure are technical, learning, and
people. During the technical phase, clean up loose ends. For
the learning phase, evaluate what did and didn’t work, as well
as how to improve. In the people phase, appreciate team
members.
19. What Is Project Closure?
Project closure is the critical last phase in the project management lifecycle.
During project closure, the team reviews the deliverables, then compares and
tests its quality to the intended project outcome. Then they share the
deliverables with the project's client.
The three phases of project closure are
technical, learning, and people. During the
technical phase, clean up loose ends. For the
learning phase, evaluate what did and didn’t
work, as well as how to improve. In the people
phase, appreciate team members.