J. Banzon: Narration, Slides and Graphics by
J. Banzon: Narration, Slides and Graphics by
graphics by:
J. Banzon
What is a project?
Project, as defined in the PMBOK
Guide, is a “temporary endeavor
undertaken to create a unique product,
service or result.”
All projects vary in complexity but they
all follow similar life cycles
All projects have deliverables (meaning
they always produce something)
Project examples:
− New product development
− Building renovation
− Wedding
− Dinner party
What is a project life cycle?
Project life cycle is a series of phases of a project from initiation
to completion.
The life cycle gives a practical approach to problem solving
applied to all aspects of a project.
Phases in a project life cycle encompasses sequential and
overlapping phases.
A project life cycle typically has 4 major phases:
− Initiation Phase
− Planning Phase
− Implementation/ Execution Phase
− Closure Phase
Project life cycle phases
Implementation phase
Initiation Phase
The project plan is put
The project need is into action. This phase
identified in the initiation is when people are
phase. It signals the start carrying out the tasks of
of a project. their plan.
Closure phase
Planning phase
This phase is the final
This phase is where the project closing of all project
solution is further explored and processes and handing
the steps necessary to achieve over deliverables to the
their goals. customer.
Initiation phase
The first phase explores the project concept.
Scope is defined during this phase.
Feasibility studies are made in order to identify if there
is a business need and justification to pursue the
project. Project charter is developed for approval.
This is the phase that the project team is assembled
and the project manager is identified.
Planning phase
This phase further details the scope of the project.
Tasks and resources are identified and assigned during
this phase
Project manager coordinates the preparation of the
schedule and project budget
Risks are identified ahead to anticipate any project threats
Quality plan is developed to maintain proper standards
throughout project
Communications plan is created in order to ensure
everyone is constantly informed of project status
Implementation phase
This phase is where the work outlined in the project
plan is performed.
This phase consumes the most resources and
energy.
Constant and close monitoring of the work should be
done to ensure efficiency of the project execution.
Status reports are important for all stakeholders
involved.
Deliverables are measured against the set metrics to
ensure quality is acceptable
Closure phase
This is the last phase of the project life cycle and
involves handing over final deliverable to the
customer.
Contracts are properly terminated for equipment,
vendors and staff.
All stakeholders are to be informed of project
closure.
This phase is when the team reviews the overall
project and identify lessons learned for future
projects.
Processes
Processes are the tasks and methodologies
that occur within a phase.
Although they sound like phases, processes
are not phases.
Processes
The PMBOK arrange processes into groups
according to when they ty p ic a lly occur in a
project.
However, different processes can occur any
time during a project phase
Processes
This graphic is a representation of when these
processes typically occur over the project life
cycle
Initiating process group
Typically occurring during the
initiation phase of a project. Initiation processes:
changes
11.5 Plan Risk Responses
12.1 Plan Procurement Management
13.2 Plan Stakeholder Management
Typically occurring during the Execution processes:
Typically occurring during Closing processes:
project.
12.4 Close Procurements
Formal transfer of
deliverable to customer
Administrative closure and
contract closure is
performed to formally close
out project.
all phases of the project life 4.4 Monitor and Control Project Work
Ensures that the project is on 5.6 Control Scope
direction.
8.3 Control Quality
Collects performance data 11.6 Control Risks
While the PMBOK and PMI gives an outline of a
typical project, no two projects are the same.
A good project manager knows how to choose which
processes are needed for their project.
Practicality and pragmatism is the best approach to
any project. (keep it simple)
References
https://opentextbc.ca/projectmanagement/chapter/chapter-3-the-project-life-cycle-phases-p
http://www.method123.com/project-lifecycle.php
http://www.free-management-ebooks.com/faqpm/processes-01.htm
Duncan, William ( 1996 ). AG uid e to the Pro je c t Ma na g e m e nt Bo d y o f
Kno wle d g e . Newtown Square, Pennsylvania: PMI Publishing Division.