What are the phases of a project development cycle, give the salient tasks under the each phase?
Answers
There are four phases to a project development cycle :
1) Initiation phase : In this phase, the objective/need of the project is identified, which is then documented accordingly with its corresponding possible solution.
2) Planning phase : In this phase, the solution is developed at a very deeper level along with planning the steps required to meet the project’s objective.
3) Implementation : In this phase, everything planned is put into action and the work is executed.
4) Closing phase : In this, the main focus is on releasing the final deliverables, handing over the documentations, etc.,
The initiation, planning, execution, and closure are the phases of a project development cycle.
Explanation:
A 'standard project' typically has the following four major phase's 'initiation, planning, execution, and closure'. The following are the 'key activities' in each phase.
- Initiation - This comprises of Develop Project Charter and Appoint the Project Team
- Planning - This comprises of Develop Project plan consisting Scope, Time Quality, Cost, Risk, Communication, Procurement, and Subcontract plan details.
- Execution - This comprises of Build Deliverables, and Monitor and control.
- Closure - This is the 'final phase' detailing about Project Closure
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