Project proposal: The project proposal defines a project and outlines key dates, requirements, and goals. Tools and documents used in the initiation phase can include: Some steps in the initiation phase include:Ĭommunicating with stakeholders to understand the purpose and desired outcomes of the projectĭetermining SMART goals (specific, measurable, achievable, relevant, and time-bound)Ĭlarifying resources like budget and time constraintsĭetermining how often and which stakeholders will be involved throughout the projectĬompiling a project proposal and project charter Without clarity around what needs to be achieved and why, the project runs the risk of not accomplishing the end goals and meeting the expectations of stakeholders. This is a crucial phase to the project’s success. Clarifying what stakeholders expect out of the project, and what exactly the project is aiming to achieve (and why) will give the project and team clear direction. You’ll sort out the project goals, scope, and resources of the project, and what roles are needed on the team.
In the initiation phase, you’ll define the project. Read more: What Does a Project Manager Do? A Career Guide The Project Management Lifecycle: 4 Steps 1. As a project manager, it’s a process you’ll want to know well. The project management lifecycle provides projects with structure and tools to ensure they have the best chance of being successful. By following each step, a project team increases the chance of achieving its goals. Some may also include a fifth “monitoring and controlling” phase between the executing and closing stages. This project management process generally includes four phases: initiating, planning, executing, and closing. It provides project managers a structured way to create, execute, and finish a project. The project management lifecycle is a step-by-step framework of best practices used to shepherd a project from its beginning to its end. What is the project management lifecycle?
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