Week 3: Project Life Cycle Flashcards
4 Stages of the project life cycle
IMEC
Initiate the project
Make a plan
Execute the project
Close the project
Initiate the project
In this phase, ask questions to help set the foundation for the project…
Who are the …(S)
What are …(G)
What is the purpose…(P)
What are the measurable …(O)
What is the project …(I)
When does this project…(C)
What skills and…(R)
What will …(C/B)
Who are the stakeholders?
What are the client’s or customer’s goals?
What is the purpose and mission of the project?
What are the measurable objectives for the team?
What is the project trying to improve?
When does this project need to be completed?
What skills and resources will the project require?
What will the project cost? What are the benefits?
Purpose of the phase: Make a plan?
In this phase, make a plan to get your project from start to finish.
Create a detailed…
Build out the …
Here you will also create…
Create a detailed project plan. What are the major milestones? What tasks or deliverables make up each milestone?
Build out the schedule so you can properly manage the resources, budget, materials, and timeline. Here, you will create an itemized budget.
Execute the project phase purpose:
put all of your hard work from the first two phases into action.
Monitor your ..
Break down…
Help keep the team …
Address weaknesses in…
Adapt to …
Monitor your project team as they complete project tasks.
Break down any barriers that would slow or stop the team from completing tasks.
Help keep the team aware of schedule and deliverable expectations.
Address weaknesses in your process or examine places where your team may need additional training to meet the project’s goals.
Adapt to changes in the project as they arise.
In the Closing the Project phase, you:…
Identify that …
Release …
Take time …
Pass off …
Document t…
Reflect on …
Identify that your team has completed all of the requested outcomes.
Release your team so they can support other projects within the company.
Take time with your team to celebrate your successes!
Pass off all remaining deliverables and get stakeholder approval.
Document the lessons you and your team learned during the project.
Reflect on ways to improve in the future.
