1. Initiation. The first phase of the project management life cycle is initiation. No plan can commence unless you know exactly what end goal you’re trying to achieve.

This phase of the project management life cycle focuses on breaking down a project into smaller tasks, assembling a team, and planning a timeline to complete the assignments.

The project life cycle connects a variety of phases that are undertaken to effectively produce a product or service from start to finish. Not unli Chron Logo Hearst Newspapers Logo ...

Resource allocation plan: This should consist of a schedule of the project team members’ availability throughout the project life cycle. Communications management plan: This helps establish ...

Below, we’ll go through a standard version of the project management process – but be sure to check out our guide to the five key phases of the project management life cycle for more ...

According to the state of California's Office of System Integration, monitoring occurs during all the stages of a project's life cycle to ensure the proper management of risk, control costs and ...

Even though the phases have distinct qualities, they overlap. Read more on Project management HBR Editors This story is by the staff at Harvard Business Review.