Project Cycle Curve

Comprising five elements, the project management life cycle applies to projects of various types and sizes, from physical engineering and construction to research and development.

A project life cycle is a quotseries of phases that a project passes through from its start to its completion.quot A project phase is quota collection of logically related project activities that culminates in the completion of one or more deliverables.quot

This typical profile is shown in Figure 2. This phenomenon is fundamental to the concept and needs of project management. The rapidly changing situation depicted by the time-effort curve through project life cycle places special emphasis and requirements on a number of areas of otherwise traditional management science.

The project management life cycle consists of many phases and steps you need to take as a project manager to deliver on time. Learn more.

A project phase is a grouping of logically related activities that culminate in completing one or more deliverables. The phases might be sequential, iterative, or overlapping, as well as their titles, numbers, and durations. Project management life cycle phases are decided by the management and control requirements of the organisation s involved in the project, its nature, and its intended use.

The S-shaped project life cycle curve in Figure 1.6 starts out at a moderate pace, accelerates during the Executing phase of the project until the project is 90 completed, and then slows down its progress and takes a relatively long time to finish. Many projects fit this life cycle curve, for example, building an apartment building. After the initial building phase, the structure looks

Learn more about the five phases of the project management life cycle and how to build your knowledge about this crucial framework.

Master the project life cycle with this guide. Learn about different project life cycle phases, types, critical success factors, and examples.

The project life cycle is comprised of 5 key stages initiation, planning, executing, monitoring amp controlling, and closing.

Whether you're working on a small project or a large, multi-departmental initiative, understanding the project management life cycle is essential. Learn about the initiation, planning, execution, and closure phases so you can keep any project organized and on track.