What Are The 5 Stages of Project Management?

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Today, in a competitive world, implementing a project is not an easy task. As of the many tasks that need to be done to the changing needs of stakeholders and customers, much remains to be done before the goal is achieved. However, it is believed that the phases of project-management are supposed to ensure a complete breakdown of the project. Though sharing the process in smaller steps helps in order to achieve the goal of the project as feasible and cost-effective. All the same, at the heart of every successful project there is definitely someone who works by giving all the best possible efforts, known as Project Manager (P-M). While, on the other hand, some may think that the sole task of the project-manager is to occasionally remind everyone and hold a permanent meeting, this is not the case. What they do is science – they have deep knowledge which is supposed to be obtainable from PMP certification and can surpass it in five levels of project-management. In this article, we will look at what those steps mean and share tips for success at all levels accordingly.

What Are The Levels Of Project-Management?

Conversely, the number of stages in the project life cycle is still debatable. Many have quoted them in 4 phases, and likely many stated 5, whereas some said 6 correspondingly. However, the accurate project management stages highlighted by the PM-Institute are 5, and likewise best described as the phases that make up the life-cycle of any of the project accordingly. On the other hand, every single stage which is targeted based on specific features which are attained from the PMP certification respectively. If you live in the US in any state let say Texas, PMP certification is highly appreciated certification in a candidate’s resume. As well as includes achievements that are going through in order to regulate if the group is considered as all set with the intention of heading towards the subsequent level. Even so, the concept of it might give raise the impression that different points occur in sequential direction, though the authenticity is not the same. Here are periods which are supposed to be able in order to leave the direction or even at the same time.

Five-Stages of the Project-Management Life-cycle

It is deliberated that the experienced project-managers are supposed to be acquainted with the sharing of a project step-by-step which often makes it easy to manage and execute project data in the correct order. By dividing the life-cycle of project-management under the following steps, will be able to assist you in order to organize and direct your efforts, making them more logical and manageable.

Commencement of the Project

Beginning of anything is considered as the leading point of the life-cycle of any project. The first step in project management is to give the project a relatively broad definition and investigate whether it is feasible or not. However, teams cancel schemes are considered useless or else inefficient. On the other hand, projects which are supposed to go through both assessments are able to be allocated over a specific project department. If the plan of the project passes both of these controls, the next step in the startup phase is to write a project-charter or project launch document that will summarize the project goals, stakeholders and contributions.

Planning of the Project

As soon as the green signal receives for the project, a dense team management strategy is needed then, also an interval within the financial plan. However, well-planned advice for the project resources, funding and access are considered as an important resource. Thus, the planning of the project offers assistance to the teams for producing high-quality assets, managing risk, ensuring safety, communicating legitimate interests, and managing dealers. All the same, it gives a detailed overview of the project goals and requirements. This is where the project manager actually uses his skills. Just as it is crucial for the project manager to know the five levels of the project plan, so your team will get the place it needs to succeed in the project.

Implementation of the Project

It is considered that this step is often related to project-management. However, implementation involves making satisfactory deliveries to the consumer. Though the delivery of the project entirely depends on the large phase of the project development. Teamwork in addition to determinations during the implementation period results from the project plan. This is the beginning of a creative phase, in which a carefully designed project plan translates into tangible results. The presentation meeting is usually held so that everyone can get an idea of their goals and then everyone on the team knows what is expected of them.

Observing and Controlling the Project

However, surveillance of the project at times combined through the enforcement, as they are likely to happen all at once. The project manager is a key point of contact for the “Coalface” project team and other stakeholders, outside the daily context of what is happening. For this reason, and to keep things flowing smoothly, the project manager must be able to effectively measure and communicate the progress of the project. There are several key actions or performance indicators in order to monitor project success, such as meeting deadlines, budget implementation, performance results, and more. Combinations of the same can be used, but most importantly, they are measurable and continuous. So that the stakeholders are able to effortlessly comprehend that in what ways the scheme is happening initially.

Closing of the Project

This is the last phase of project management when the final results are achieved or implemented. However, this is also considered as a good idea to create a continuous process for capturing and formalizing the data and returning it to your project management system. Use the tools of past projects and teams to get an audit trail and a way to record what happened. Flexible systems that easily integrate change are particularly powerful because they can be optimized quickly and new information can be used immediately.

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