Project phases

The five phases of the projects are;

  • Initiation
  • Planning
  • Execution
  • Monitoring & Controlling
  • Closing

During the Initiation phase a project charter is prepared, project manager is appointed and the key stakeholders are identified.

During the planning phase the project manager supported by experts develop’s the project’s management plan which include;

  • The integrated project management plan integrating all the subsidiary plans like;
    • Scope management plan
    • Schedule management plan
    • Cost management plan
    • Quality management plan
    • Resource management plan
    • Risk management plan
    • Communications management plan
    • Procurement management plan
    • Stakeholder management plan
    • Change control plan
    • Configuration management plan
    • Environment, Health & Safety (EHS) plans etc

During the execution phase, the project is executed as per the plans

Monitoring & Controlling involve the monitoring and controlling of;

  • Schedule
  • Scope
  • Cost
  • Quality
  • Risk
  • Procurement
  • Resource
  • Stakeholder engagement
  • Environment, Health & Safety

Monitoring and controlling starts from the start of the project till the end of the project.

Closing the project / phase involve formally closing each phase of the project and handing over the product of the phase to the subsequent phase formally. This include the final phase of the project where the final deliverable of the project is formally handed over to the customer and a formal project completion letter is obtained.