Project Management Life Cycle Flashcards

(6 cards)

1
Q

List the phases of the project life cycle.

A
  1. Project Initiation,
  2. Project Planning,
  3. Project Execution,
  4. Project Monitoring and Control,
  5. Project Closure

Story:
Agu gets initiated in the malicia
Agu plans a a coup d’eata to agains Idriss elba
Agu executes Idriss elba
In fear of have the same thing happen to him Agu controls and monitors the malicia
Agu dies in peace recieving closure

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2
Q

What is the Project Initiation phase?

A

This is the first phase where the project’s value and feasibility are evaluated. It involves creating a Business Case Document and conducting a Feasibility Study to decide whether the project should proceed.

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3
Q

What is the Project Planning phase?

A

This phase involves creating a detailed project plan to guide execution. It includes planning for resources, financing, procurement, risk management, stakeholder communication, and timeline.

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4
Q

What is the Project Execution phase?

A

In this phase, the project team carries out the project plan and builds the deliverables. Resources are allocated, and the team focuses on completing assigned tasks to meet project goals.

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5
Q

What is the Project Monitoring and Control phase?

A

This phase occurs simultaneously with execution. It involves tracking project performance, preventing scope creep, and monitoring deviations in cost and time.

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6
Q

What is the Project Closure phase?

A

This is the final phase where the project deliverables are handed over, stakeholders are informed of completion, resources are released, and lessons learned are documented for future use.

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