Table of ContentsThe Initiation PhaseThe Planning PhaseThe Execution PhaseThe Closing PhaseThe Project Management Life Cycle includes five phases from top level that takes into account all aspects of project management from start to finish. These five phases are: initiation, planning, execution, monitoring and control, and closing. Understanding the parts of each phase and ensuring that you operate in accordance with them while executing your projects will help ensure that your project runs smoothly. This article takes an in-depth look at what each of the five phases consists of. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay The Initiation Phase The initiation phase is where the project manager and perhaps other technical resources will review the business case associated with the requested project. From there, if the project is approved, they will identify project stakeholders, gather high-level requirements, and identify risks and issues associated with the project. All of this information will be incorporated into the project charter, which will need to be signed by all key stakeholders before moving forward. The project charter is the key result of the inception phase. The Planning Phase The planning phase is where the project team will work to flesh out the detailed requirements associated with the project and then prioritize those requirements. These requirements will then drive a process mapping conversation with some of the more technical resources that will be working on the project and key stakeholders with the goal of fleshing out any more granular details about the functionality associated with the application. After this, a business analyst will take the requirements and facilitate a discussion with technical resources to create a work breakdown structure, which will divide the requirements into large work parts and then divide these work parts into tasks and subtasks that have an estimated duration associated with them. The project manager will then work to allocate resources to these tasks. As part of this phase, the project manager will also create the communications plan, deployment plan and project schedule, and integrate all of this into the project plan, which is the main output of this part of the project phase. planning. The project plan will guide the rest of the project. The Execution Phase The phase of the project management life cycle is where the deliverable and anything that will be used to test the quality of the final deliverable is developed, whether you are overseeing the construction of a building or overseeing the creation of a software application. While the developers or builders strive to create the deliverable, the business analyst should be busy creating test cases and test plans to test the requirements generated during the planning phase. As soon as development is completed, the final product must be tested against the generated test plans. Any issues discovered during testing should be stored in an issue log and then forwarded to developers for correction. Once the final product has passed the test plans, it is ready for review by key stakeholders. After their acceptance, the project execution phase is completed. During the monitoring and controlling phase of a project, you define the measurables or key performance indicators that you will use when developing deliverables to ensure the project is on track and moving forward. as expected. In addition, this is where you will define the way.