Project Management Methodology: Project Life Cycle

Project Management Life Cycle

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Download an entire Project Management Life Cycle here.

MPMM™ walks you through the entire Project Management Life Cycle, step-by-step. It describes every step in detail, so you know what must be done, when and how to do it. The complete suite of templates and practical examples are included, to save you time on projects.

MPMM™ describes the Project Management Life Cycle in depth, helping you finish every phase, activity and task quickly and efficiently.

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Project Management Life Cycle

The MPMM™ Project Management Life Cycle comprises four phases...

Project Life Cycle diagram

Initiation involves starting up the project, by documenting a business case, feasibility study, terms of reference, appointing the team and setting up a Project Office.

Planning involves setting out the roadmap for the project by creating the following plans: project plan, resource plan, financial plan, quality plan, acceptance plan and communications plan.

Execution involves building the deliverables and controlling the project delivery, scope, costs, quality, risks and issues.

Closure involves winding-down the project by releasing staff, handing over deliverables to the customer and completing a post implementation review.

A more detailed description of the MPMM Project Management Methodology and Life Cycle follows:

Project Initiation

Project Initiation is the first phase in the Project Life Cycle and essentially involves starting up the project. You initiate a project by defining its purpose and scope, the justification for initiating it and the solution to be implemented. You will also need to recruit a suitably skilled project team, set up a Project Office and perform an end of Phase Review. The Project Initiation phase involves the following six key steps:

Project Management Life Cycle - Initiation

Project Planning

After defining the project and appointing the project team, you're ready to enter the detailed Project Planning phase. This involves creating a suite of planning documents to help guide the team throughout the project delivery. The Planning Phase involves completing the following 10 key steps:

Project Management Life Cycle - Planning

Project Management Life Cycle - Execution

Project Execution

With a clear definition of the project and a suite of detailed project plans, you are now ready to enter the Execution phase of the project.

This is the phase in which the deliverables are physically built and presented to the customer for acceptance.

While each deliverable is being constructed, a suite of management processes are undertaken to monitor and control the deliverables being output by the project.

These processes include managing time, cost, quality, change, risks, issues, suppliers, customers and communication.

Once all the deliverables have been produced and the customer has accepted the final solution, the project is ready for closure.

Project Closure

Project Management Life Cycle - Closure

Project Closure involves releasing the final deliverables to the customer, handing over project documentation to the business, terminating supplier contracts, releasing project resources and communicating project closure to all stakeholders. The last remaining step is to undertake a Post Implementation Review to identify the level of project success and note any lessons learned for future projects.

MPMM is based on best practice...

More than 45,000 people in 50 different countries currently use the MPMM Project Life Cycle to deliver projects. MPMM project management methodologies are based on the best practice industry standards for project managemen, including the PMBOK® Guide.

MPMM Project Management Methodologies

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So if you want to download a complete Project Management Life Cycle for your project, then click the "Free Trial" button below. You will immediately be able to navigate the MPMM project life cycle and use it to help you manage projects.

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