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PROJECT LIFE-CYCLE
Phases of Project Life-Cycle
PROJECT LIFE-CYCLE
Refers to a logical sequence of activities to
accomplish the projects goals or
objectives.
Regardless of scope or complexity, any
project goes through a series of stages
during its life called phases of project lifecycle.
PROJECT LIFE-CYCLE
There is first an Initiation or Birth phase, in
which the outputs and critical success factors
are defined,
followed by a Planning phase, characterized
by breaking down the project into smaller
parts/tasks,
an Execution phase, in which the project
plan is executed, and
lastly a Closure or Exit phase, that marks
the completion of the project.
PROJECT LIFE-CYCLE
Figure 1: The four phase of the project life cycle. Adapted from J. Westland,
The Project Management Lifecycle, Kogan Page Limited (2006).
Phase 1 contd.
During this phase, Project Team is responsible
for the following activities:
Conducting Interviews and yellow pad sessions
with customers and stakeholders.
Conduct research and brainstorming sessions for
generating more necessary information.
Preparation of Project Feasibility Document,
Project Concept Statement and Project Charter.
Preparation of other ancilliary documents as
defined in the organization standards.
Project Planning
The purpose of the Project Planning
Phase is:
1. Establish Business Requirements.
2. Establish Cost, Schedule, List of
Deliverables and Delivery Dates.
3. Establish Resource Plan.
4. Get Management Approval and proceed
to next phases
Organizational Breakdown
Structure
This specifies who all in the organization need
to be involved and referred for Project
Completion.
Resource Planning. This specifies who will
do what work at which time of the project.
Project Schedule Development.
This specifies the entire schedule of the
activities detailing their sequence of
execution.
Budget Planning
This specifies the budgeted cost to be
incurred in the completion of the Project.
Both the basic processes and facilitating
processes produces a Project Plan.
Project Team
During this phase, Project Team is responsible for
the following activities:
Project Managers are responsible for developing
the Project Plan thus ensuring that all the project
planning requirements are fulfilled.
Functional / Management personnel are
responsible ensures that adequate resources are
available for the project.
Key Stakeholders should approve the Project Plan
before moving to the next phase.
C. Implementation or Construction
Phase (Execution and Controlling)
The most important issue in this phase is to ensure
project activities are properly executed and
controlled.
During the execution phase, the planned solution is
implemented to solve the problem specified in the
project's requirements.
In product and system development, a design
resulting in a specific set of product requirements is
created. This convergence is measured by
prototypes, testing, and reviews.
C. Implementation or Construction
Phase (Execution and Controlling) contd.
As the execution phase progresses, groups across
the organization become more deeply involved in
planning for the final testing, production, and
support.
The most common tools or methodologies used in
the execution phase are an update of Risk Analysis
and Score Cards, in addition to Business Plan and
Milestones Reviews.
.
Implementation or Construction
Phase (Execution and Controlling) contd.
Process of Execution
The basic processes of the Project Execution
and Control can be:
1. Project Plan Execution
2. Review of Metrics and Status Reports.
3. Change Control Process. This defines the
procedures to handle the changes that are
introduced during Project Execution and
Control.
Some other characteristics of the project lifecycle which will be developed in the
following:
Inputs, processes and outputs within each
phase.
Key activities, milestone, hold-points and
approvals within each phase.
Overlaps between phases (fast tracking ).
Plotting level of effort ( labour or cash-flow)
against the life-cycle
Plotting level of influence against the cost
of changes (to show front-end importance).
Project life-cycle costing.