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The 5 phases of project management

Successful project management follows a structured roadmap to define expectations and ensure effective execution
19 March 2024 by
The 5 phases of project management
de Sauvage Raphaël
Let's explore the five essential phases of the project management life cycle.


Initiation

This fundamental phase determines the project's scope, overview and budgets. Establishing clear boundaries helps to avoid broadening the scope and ensures that the project's objectives will be achieved within the timeframe set.


Planning

During this phase, a detailed project plan is drawn up. This includes selecting team members, describing deliverables, estimating resources, defining activities and setting milestones and completion dates.


Execution

The execution phase involves implementing the project plan, managing workflows, recommending changes and ensuring that the team works together effectively to stay on track.


Monitoring and control

This phase requires constant monitoring of the project's progress against plan. Regular checks and the use of visual monitoring tools are essential for effective control and decision-making.


Closing

The final phase consists of concluding all activities, delivering the final product and concluding contracts or agreements. A thorough review identifies successes, difficulties and lessons learned for future projects.

 

Conclusion

Project management is the linchpin that transforms aspirations into achievements, providing organisations with the tools to successfully complete complex projects. By understanding and implementing the five phases, teams can ensure effective project delivery and contribute to the overall excellence of the organisation.


Do you have any specific questions about project management?

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