Project at them. Initiation The reason of this phase

Project Management Course

               

            Topic Name : “Project Life Cycle”

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Submitted by:
Muhammad Hussnain

           
Roll No:
2015-CS-28

           
Submitted to:
Sir Shoaib Farooq

 

 

 

 

The Project Life Cycle

This process provides basic help while doing any
task. It gives us all info , which is required to perform a big task , so we
should be well aware of its functionality, working , all sub tasks in that big
task , which we want to do. So , in this way , in that task’s goal achieving ,
project management plays an important role.

Phases

In a project there is beginning and an end &
among these two factors, project is divided into four subproject tasks

Initiation
Planning
Execution
Termination

Let’s have a look at them.

Initiation

The reason of this phase is to outline the
starting workout of the project.

The person has to go through all the information
given to him,  in order to start the
project. And then he has to do documentation for start of project and it
includes all the decisions , and planning documents of that project.

It generally includes information such as mission
, objectives and success criteria. , requirements, risky stages , cost etc like
factors.

Main part of it is stakeholder deciding i-e understanding
that which human beings may be impacted through or can influence your
undertaking is important for its fulfillment. And it is one of important part
of this phase.

Planning

The purpose of this phase is to discuss and
decide the perfect path to reach our goal and in intermediate , its most
important as it is basic plan for reaching our goal.

It has two parts

Strategic
techniques.
Implementations.

During Strategical work we decide
techniques to be used for our goal achievement and then in Implementation we
discuss the workout plans by which we can achieve our goal.

Let’s consider making a decision to drive. if
so, at some point of Implementation we will map out our path, discover which hotels
we may stay at alongside the way, decide how long every side of the ride will
take, and so on (all of the info).

Execution

The cause of it is to perform all the workout we
have decided previously in project management sections.

That’s the stage where most of the time, money,
and people are used to on a challenge. This is where the main work initializes.

During this , we have  to keep all the activities at our focus and
mistake in only one can cause a big loss , so we have to be really conscious
and careful at this stage. While the scenario changes , we have to focus mainly
on our development and gain in project.

Termination

The reason of this phase is to officially terminate
the project.

These are main subtasks n this section “Verify
that the final criteria are met, create project closure record, perform a
project go through ” etc.

Many project managers don’t go through this
section and don’t feel that it is important to be done . While when they reach
a stage in future of doing some changes in that project or using that project’s
work in some other projects , the they realize how much important this section
is.

This section will advantage us. If in case we
performed all required tasks in this section, so will set ourselves up to guide
high-visibility.

So, in order to reach our goal , we have to give
importance and do hard wark on each section of project life cycle. Only then ,
we can achieve our goal.

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