Key Stages Of The Project Cycle

II. Planning Stage - PM meets with VP of Tech to go over spec. The two collaborate to create a Project Plan including a Gant Chart or equivalent to determine team member deadlines (individual initiatives) four launch.

Evaluate the importance of understanding the various stages of the project life cycle and its possible contributions to a project.

(TCO A) Which step of the project life cycle produces all of the project deliverables?

We will begin this process by identifying the project life cycle and assigning the workload to each phase in the project. All project objectives will be evaluated to develop a strategy to effectively achieve the desired objective.

To better illustrate this concept figure 2 depicts the subtasks identified as Milestones. The project management has estimated the time required to complete the 1st phase of the project (Project Preparation) would require 10 days. Completion of the phase is signaled by the development of the Statement Of Works. The project management team could measure the performance of the project resources or team members by comparing the actual time required to complete the Milestone against the estimated time to complete the Milestone.

business. After you complete all phases of this project, you will have good understanding of how

According to Stricker (2013), “Whether a project is large or small, the stages of a project are ultimately the same. Initiate the project, and then move into planning, followed by execution....

A statement of Work (SOW) and work Breakdown Structure (WBS) is identified, which includes a hierarchical set of phases, activities and tasks that needs to be performed. After the WBS has been agreed, an assessment of the effort required to undertake the activities and tasks is made. The activities and tasks are sequenced, resources are allocated and a detailed project schedule is formed. This project schedule will become the primary tool for the Project Manager to assess the progress of the project.

Stakeholders are people who can influence or may be affected by the decisions organisation make. They may support or oppose the decisions in the organization. Communications with stakeholders really important it helps to create a positive attitude within the company

Stakeholders include people who could influence decisions about the project or the organisation’s strategic direction.

The project stakeholder refers to individuals, groups or organizations that are actively involved with/in the work of project or who may affect, be affected by, or perceive itself to be affected by decision, execution, completion and outcome of a project ( ). Project stakeholders have an impact on the purpose and results of the project. The project management team must identify the project stakeholders, determine their needs and expectations, and manage the demand-related impact to the greatest extent possible to achieve project success. The following are the major stakeholders of the Eastlink project:

Monitoring and Controlling: compare actual progress and performance on project activities to planned performance on goals, budget and timelines; implement corrective actions as needed; communicate progress, successes and barriers

It is important to identify stakeholders because in a way they are almost like your customers and even more like your suppliers, they are someone that is involved in the project, if someone is involved in something important to you then it is very important to know who they are so you know exactly who you're dealing with.

This stage will end with a clear definition of problems and a plan of how to address them. Key activities during the define stage are: Project development, project management, and project sign-off.

As you identify your stakeholders there is realisation that some of these may have the power to block or advance, some may be interested in the project and some may not care about it.